ttystikk
Well-Known Member
Three flat?
Buying house with cash?
- Thread starter sourdieselyumyum
- Start date
abe supercro
Well-Known Member
Triplex multi-unit ^
Between the property taxes and near certainty of a break if it's vacant, I keep window shopping the deals, but I'm sketchy about actually committing to the potential hazard. I like the west side over by grosse pointe. A few 10k$ homes that are two blocks from 300k homes..
Corso312
Well-Known Member
ttystikk
Well-Known Member
We should get a bunch of RIU peeps together, everybody buys a house or two all on the same block- mutual security!
ttystikk
Well-Known Member
I'm game; let's talk!
abe supercro
Well-Known Member
It's a rough area imo, same with most of the D. You have to examine areas block by block. Tons of burned up half structures. If you're not living there, furnace, hot water, electric will all be gone overnight.
abe supercro
Well-Known Member
For years I joked about that in the MI forum, but it's true... In many cool areas, like the west and northwest, growers all know each other and keep a lookout for each other. It could work!
ttystikk
Well-Known Member
Jesus. No wonder people are buying up shitboxes in my town for $400k... but then, you can go off and leave your front door wide open around here and come back to find your neighbor closed up for you, just because...
ttystikk
Well-Known Member
I'm not kidding.
a senile fungus
Well-Known Member
^^^THIS^^^
the neighborhood was basically all vacant lots and burnt down buildings. In the 3wks that i cruised the area there was a minivan that burned up in the middle of the street, it blocked the road and didn't get moved at all. The home would've been nice to grow in, but the neighborhood was shit.
i know a few growers in the D and they're legit. They truly do look out for you. and if they're cool then their neighborhood watches out for them too, no cops.
i wonder how much a whole block costs? i know a couple real estate guys that were purchasing up whole city blocks to fix up. i mean shit, if the houses are less than 10k than the whole block can't be that much, lol!
that'd be great, if you and your friends owned the whole block!!! THIS IS MY HOOD, SON!!
qwizoking
Well-Known Member
it doesnt have to be that elaborate.
safety is mostly up to you. i couldnt imagine living somewhere where poverty has turned the people into animals.
im at one of my best traps right now, great area. a side street behind a run down shopping center, kinda ghetto, the kind of area where nobody has a job and everyone sells hard, green or clear.
from the first stop sign to end of the block there are 10 duplexes. we all know each other, literally i know every single person pretty well. and some for many years, we are all and have become practically family
half the doors have been kickdoored and open anytime the wind blows hard, most windows dont lock, if not just a piece of plexi... these things only help keep honest people honest anyway but my point is that my stuff is just as safe if not safer here than a much nicer neighborhood. my car stays unlocked, ill leave my phone charging on the porch etc you know what im sayin...people are watching everything
something beautiful about these hoods. where i can ask for some butter and not get dirty looks, theyll actually "have it" and give my fill. where my neighbor says if they aint home im more than welcome to grab some of their copied dvds or grab a drink. free tamales and menudo etc handed out on sundays.. southern hospitality at its best..offer to pass the blunt to random people walking by, especially the homeless
you can be grimy without mudding up your morals.
i happen to enjoy these areas
safety is mostly up to you. i couldnt imagine living somewhere where poverty has turned the people into animals.
im at one of my best traps right now, great area. a side street behind a run down shopping center, kinda ghetto, the kind of area where nobody has a job and everyone sells hard, green or clear.
from the first stop sign to end of the block there are 10 duplexes. we all know each other, literally i know every single person pretty well. and some for many years, we are all and have become practically family
half the doors have been kickdoored and open anytime the wind blows hard, most windows dont lock, if not just a piece of plexi... these things only help keep honest people honest anyway but my point is that my stuff is just as safe if not safer here than a much nicer neighborhood. my car stays unlocked, ill leave my phone charging on the porch etc you know what im sayin...people are watching everything
something beautiful about these hoods. where i can ask for some butter and not get dirty looks, theyll actually "have it" and give my fill. where my neighbor says if they aint home im more than welcome to grab some of their copied dvds or grab a drink. free tamales and menudo etc handed out on sundays.. southern hospitality at its best..offer to pass the blunt to random people walking by, especially the homeless
you can be grimy without mudding up your morals.
i happen to enjoy these areas
ttystikk
Well-Known Member
abe supercro
Well-Known Member
Truth is, I'm interested in the adrenal alert factor, before i get too old to appreciate it. I'm not as concerned about being a crime victim, as much as having the house/grow compromised. I've had vacants in Lansing that have been broken into, so I know the drill. Boarding up windows is a bitch. Having the neighbors call the popo (after a break-in) and they enter the home to see if anyone is present, is a bitch. Still, it all kinda sounds like fun! 
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whitebb2727
Well-Known Member
Make it a gated community. I'm up for security detail.
whitebb2727
Well-Known Member
Guys, guys, guys. A limited liability company is your friend. Do it right and they can't touch you.
ttystikk
Well-Known Member
That's a plan.
My lawyer is trying to talk me into setting up an irrevocable trust...
whitebb2727
Well-Known Member
You need to do something to protect your assets. People don't know but I got 10k buried in the mountains. Just a rainy day fund.
Everyone needs to take some type of money, gold, or something of the sort and keep it where no one can touch it.
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ttystikk
Well-Known Member
Well... they do now!
justanoldtimer
Member
Dude, everyone has an opinion. You have nothing to worry about.
Buy the house, where ever it is, pay cash,, nobody cares.
Least of all the government. Cash sales are quite common in real estate.
I live in the middle of no where....in northern maine.
I paid 21k, paid cash 7 years ago. I love it here.
unorganized territory so my taxes are only 100 bucks a year.
no building codes, no police, no nothing. just me and the ol' lady & our dog.
go for it dude.
peace
Buy the house, where ever it is, pay cash,, nobody cares.
Least of all the government. Cash sales are quite common in real estate.
I live in the middle of no where....in northern maine.
I paid 21k, paid cash 7 years ago. I love it here.
unorganized territory so my taxes are only 100 bucks a year.
no building codes, no police, no nothing. just me and the ol' lady & our dog.
go for it dude.
peace
EarthBoxConnoisseur
Active Member
Yeah they're very hard to follow I was pretty confused haha