Tomorrow I am attempting to buy this......

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blu_fuz

Well-Known Member
Staff member
Just got a call from my mother-in-law. She was outside our house playing with my daughter and the realitor was walking out of the rental property with people interested in buying it!!

This rental property is next door to our house :D


Shoait!


Hopefully they don't make an offer and we get into a bidding war :thumbsdown:
 

ford93

Member (SA)
Oh man!

I hope you score its a nice piece of property for the idea you have. Well thought out on the financial side.

Remember curb appeal!
 

oldskool69

Moderator
Staff member
blu_fuz said:
Just got a call from my mother-in-law. She was outside our house playing with my daughter and the realitor was walking out of the rental property with people interested in buying it!!

This rental property is next door to our house :D


Shoait!


Hopefully they don't make an offer and we get into a bidding war :thumbsdown:
Do you have solid comps for the area? That may give a good idea where bids may or may not go... :-)
 

blu_fuz

Well-Known Member
Staff member
Update!!!!


So, some might have thought this was a dumb idea so I didn't say anything at first but when we submitted our offer it was for only $31,500 + $500 ernest money.

I know, why take the chance and lose out on the deal if we offered too little....... but our down payment of 15% plus closing costs, plus repairs on the house might eat our savings up realy quick. I'm a baller on a budget so I had to start low.


They counter offered back today for $35,000 + $1,000 ernest money and we ACCEPTED!!!!!!!



Gal dang I am sooo jacked up right now I could ship my pants! :lol:


Closing is May 24th if everything goes through as planned :cool:.
 

Fatdog

Well-Known Member
Staff member
If I were single, I would come be your neighbor. :D Way to go, Joe!

Shipping your pants has to be one of the funniest commercials ever!!!

Sent from my SPH-D710 using Tapatalk 2
 

redbenjoe

I Am Legend
great going , joe --quite proud of you for having the brains and the balls to DO IT !!

how old is it ?-- looks in good shape - nice floors

good size lot - ( around here -- that would be a FARM ) :-) :-D
 

blu_fuz

Well-Known Member
Staff member
My house is about 100 years old too and is right next door :lol:!!!!!


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Oh, and here is the view from my house, looking at the NEW house to where the first picture was taken :lol:!!!!

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redbenjoe

I Am Legend
predict you will have severe difficulty in finding any decent tenant who will live so close to a
noisy box collector -- hahaha
 

Styleking

Member (SA)
Looks like the perfect place for the Fox Lake Boombox Museum! Each room could feature a different brand. $10 bucks at the door and only 3150 visitors later that baby's all paid off!
 

oldskool69

Moderator
Staff member
Very nice Joe! And not something you have to drive across town to watch and maintain! Plus by all appearances you DON'T live in a questionable area, you're likely to get some tenants whom you can trust won't tear it up. Rentals are risk reward and you're in a good position by all accounts. :-D
 

Lasonic TRC-920

Moderator
redbenjoe said:
predict you will have severe difficulty in finding any decent tenant who will live so close to a
noisy box collector -- hahaha
HA HA,,,,,I live right next to my landlord and I recently had the So Cal Meet here! (man that was stupid :dunce: :bang: :lol: )
 
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