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

[AZA]

Only $36,000 !!!
Compared to Australias prices that is a STEAL
I should seriously consider selling up here in OZ and move into your
neighbourhood !

Congrats on taking the chance and i hope it works out for you.
Worst case is.... we all come and stay and use it for a massive boombox meet !!

 

[AE_Stereo]

Congrats. Beautiful place.
We have seen such houses and places in Picture Post Cards only.

 

[Ghettoboom767]

Or I could just move in with my 170 boomboxes and we could make it a Boombox museum and charge people to see all the Grails(lol

 

[Lasonic TRC-920]

Or I could just move in with my 170 boomboxes and we could make it a Boombox museum and charge people to see all the Grails(lol

Boomboxery members will get in for free right?

 

[blu_fuz]

I can't let you guys in for free! Someones gotta pay the bills! Hahahaha. Thanks for all the support, love you guys.

 

[Scotty_M]

You're a mad man Joe!

Scotty

 

[Reli]

Gotta love hardwood floors. So this is in Fox Lake? Wikipedia says it's a small town of only 1,519 people, and it looks like it's at least an hour away from Milwaukee, so that would explain the low prices. No offense. Hope it works out. What would be the source of renters for that area? Are there any major employers or universities near there?

 

[blu_fuz]

Gotta love hardwood floors. So this is in Fox Lake? Wikipedia says it's a small town of only 1,519 people, and it looks like it's at least an hour away from Milwaukee, so that would explain the low prices. No offense. Hope it works out. What would be the source of renters for that area? Are there any major employers or universities near there?

Yeah it is a very small town, but right in the middle of everything. Like you said it is about an hour from milwaukee, wi. There really isn't a big selection of employers here but beaver dam, waupun, horicon, and a couple other cities are less than 15 minutes from here.

This is also a great spot for the avid fisherman. I am about 4 blocks away from fox lake and about a mile from beaver dam lake. We also have our own golf course and tons of bars .

People from illinois like to buy property around here because this is 'up north' enough for them .


My rental market is aimed towards a small family that has a dog, older couple looking to relax, or the hard working commuter that doesn't mind the 40 minute drive to madison, fond du lac, west bend, or oshkosh.

 

[redbenjoe]

joe -
forget the lame rental bit ...
....
..-in your tiny 1.500 peep town --it might be a qwik leap for you get involved in the fox lake government -
in particular - get on your zoning commission -

then --and just for that lot - lower the drinking age to 15 ---permit 24 hour gambling and 6 day prostitution-
run church services on sunday so your real estate taxes will be free

you will double $$ your investment -- EVERY month !!!

 

[Ghettoboom767]

You could have a donation box and members could get in free by just bringing any old parts they may have lying around they don't need!(lol)
I think Joe should get some more grails and make this his own personal museum of grails!!

 

[BoomboxLover48]

joe -
forget the lame rental bit ...
....
..-in your tiny 1.500 peep town --it might be a qwik leap for you get involved in the fox lake government -
in particular - get on your zoning commission -

then --and just for that lot - lower the drinking age to 15 ---permit 24 hour gambling and 6 day prostitution-
run church services on sunday so your real estate taxes will be free

you will double $$ your investment -- EVERY month !!!

what would I have done without you Ira.... I cannot stop laughing..

 

[blu_fuz]

We finished up all the financing on Thursday! Waiting for apprasial and final inspections, then we can close. This weekend I picked up a nice washer/dryer setup for the rental property .

 

[Lasonic TRC-920]

Right on man! Best of luck!

 

[MasterBlaster84]

. Its listed for $37,000. Tax assesment is $60k, so I can't go wrong.

I couldn't buy a porta potty on a .05 size lot on the most crime ridden street in my town for that.
For $37,000 I'd say it's hard to lose.

 

[frontside5]

We finished up all the financing on Thursday! Waiting for apprasial and final inspections, then we can close. This weekend I picked up a nice washer/dryer setup for the rental property .

0512130953.jpg

Good job pulling the trigger on this. I live in a place where prices are so out of wack (Vancouver) I can't fathom seeing a listing for anything other than a parking spot for 37k but this has to work out for you in the end. What a deal.

 

[blu_fuz]

It's finally all ours!!!!!!

After tons of loop holes and delays in closing, we finally closed on the house today.

Best part is I have a family all paid up for security deposit, first months rent, and a 1 year lease signed! Only problem is they move in July 1st so I have a bit of work to hammer out in a week.
Thanks for all the input .

 

[redbenjoe]

way to go , joe -
you gambled a little -- and won alot !!!

 

[ford93]

Its all coming together.

Once you're done take some down time for yourself and enjoy the fruits of your labor.

 

[oldskool69]

Congrats! And smart move getting everything in line and prepared to succeed!

 

[blu_fuz]

Thanks guys.

1 week is not enough time to take a house that was vacant for 1.5 years. Houses die when they don't have anyone living in them. So, $850 later for boiler and radiant heat repairs, $400 in plumbing repairs, $200 in frige replacement & repairs, $200 in drywall repairs, and about $400 for misc repair materials, I am burned out. One thing after another but I can finally see the finish line.