What's a good starter home? how do u go about purchasing a house? seriously cuz i am moving out in october then moving again in my first home.
Starter homes
What's a good starter home? how do u go about purchasing a house? seriously cuz i am moving out in october then moving again in my first home.
I think it depends on what kind of payments your looking for, area, etc etc. If I could do it all over again I would have bought a decent duplex and rent out the other unit.
There really is no majic formula for that question. Reason is that some people can afford more than others. Nothing wrong either way.Originally Posted by PSINXS
A couple of things to remember: Resale value for when you sell it later; Affordability so you don't "over buy". Too many people have a huge difference between what they "want" and what they can afford.
how do u go about purchasing a house? seriously cuz i am moving out in october then moving again in my first home.
Really simple: Call me......
So true.. dont be house poor. I have neighbors that have a 3000sq foot house but live paycheck to paycheck every month.
Location, location, location.
My first house was walking distance...prolly 300 yards...to the area elementary school. We had the house close to 7 years, and sold it for nearly a 50% profit. Oh, and it sold in 9 days.
John
2007, 2008, & 2009 IASCA National SQi Champion Pro Ultimate
Total of 5 National Sound Quality Championships.
Dont take this the wrong way, you sold the house way to cheap if it sold in 9 days. A house should never sell that fast unless its priced to cheap.
Matt
Just found the right customer.. I know a few peeps who sold in 2 weeks.. My parents actually were one of them.. in 12 days.
Sorry bud, but I too disagree with that conclusion.
I've seen homes sell in a day to homes sit on the market for years. The appeal of a home has so many factors that sometimes it doesn't even make any sense. I've seen shacks sell for $250k where I wouldn't pay $50 for the thing, but my garbage is someone else's treasure.
If you find the right combo of motivated Seller and motivated Buyer, things can and do happen quick. Tire kickers are the ones that drive you crazy and are often time unreasonable.
So really the length of time the home spent on the market is not always an indicator of price.
thanks for the help yall
Anything is just about better than renting. Having something that fits what most people are looking for, will help you sell quick when your ready. Most people want atleast 3 bedrooms, 2 bath, and a 2 car garage. Some will settle with a 1 car garage. But no one wants to share 1 bathroom for example. 2 bedrooms are hard to sell to familys, or married couples.
What area
What area, are you looking for a house in.
Matt
not sure yet. i like the gwinnett area a lot.
Just cuz it sold in 9 days means nothing...... it could have been overpriced... just found the right client....
as per a house.... I play with lots... if u need advice esp with fixers let me know.....
Trust me, this guy knows wtf he's talking about!
+10 to CHMURA
trythefly
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Thanx Buddy........
^^^ THAT DUDES THE MAN,.... THATS ALL IM GONNA SAY
get a old cheap home, fix it up, live there for few years and sell it.
stay away from south west part, they are not very good.
hell yeah anytime man
I try to promote you whenever I can.
trythefly
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Yeah, I'm sure he does.
In most cases a home selling that quickly is under priced. If the buyer was that motivated to pick it up then there must have been other factors involved.
How many offers\ counter offers were made?
None- Then it was sold to cheap, period.
But hey I dont really know anything about houses, I only developent and built 3 subdivisions last year, and I'm working on my third this year.
It wasnt an insult, but it is what it is.
Matt
He's an investor BTW, so he really does know a thing or two about this subject. Not trying to be a smart ass or nothing, just stating facts.
Explain how you came to that conclusion. By definition, a "BUYER" is ALWAYS motivated otherwise he'd wouldn't buy. So, how could the buyer's motivation factor into the price that the SELLER is asking???? I don't quite follow you.In most cases a home selling that quickly is under priced. If the buyer was that motivated to pick it up then there must have been other factors involved.
How many offers\ counter offers were made?
None- Then it was sold to cheap, period.
So if you get 50 offers and NO contracts, what's that mean?
The number of "offers" and "counter offers" doesn't say anything about the price. It says lots about the desirability of the house, but not necessarily the price. If you get no offers, it's not an automatic that you're priced wrong. It could mean it's a dog. It could mean it's in a bad neighborhood. It could also mean it's overpriced too. My point is that there are lots of factors that determine price. IMO, that's just too broad of an assumption and not necessarily always true.
Question? Are you a builder or developer? Reason why I ask is for business reasons.But hey I dont really know anything about houses, I only developent and built 3 subdivisions last year, and I'm working on my third this year.
It wasnt an insult, but it is what it is.
Matt
Big Baller? What developer do you work for, any firm, or independent? What county do you focus in, if any?
"The 1911 is a collection of subsystems that must work together. Each part must be prepared and fit properly not only in and of itself, but also with regard to the other parts with which it must operate for the gun to function and appear as desired."
I'd also like to know what u do big baller......
oh.... and as far as knowledge.... lol I hope I know what I'm doing.... lol
and as far as subdivisions.... I have friends that have built hundreds of them..... working for a builder..... lol
So u really need to specify exactly whats up... as in this thread there is "too much knowledge"
lol
Big Baller, looks like there are three of us waiting to see if your a builder or developer, and what firm, if any, you work for.
Klaud, you got me some land yet, perferably in Cobb.
"The 1911 is a collection of subsystems that must work together. Each part must be prepared and fit properly not only in and of itself, but also with regard to the other parts with which it must operate for the gun to function and appear as desired."
Ohh and Jamie, nice last post. Thats what i was thinking, but that is "IAs long post champ's" job. lol
"The 1911 is a collection of subsystems that must work together. Each part must be prepared and fit properly not only in and of itself, but also with regard to the other parts with which it must operate for the gun to function and appear as desired."
Werd.!!!!
this post got awful funny
trythefly
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My job
I work for myself, I own Sweetwater Homes Inc.
I focus on Cobb County\Douglas County currently. I'm looking at Cherokee County and Gwinett for my next projects.
I currently have
Maroney Mill in Douglasville 56 Homes 159,900-199,900
The Oaks at Britt 6 Homes in Mableton 159,900-179,900
Dillard Estates 3 Homes, Powder Springs 210,000-300,000
I also have a 43 Home subdivision I am about to start developing, should be about 6 Months out.
Matt
SOUNDS LIKE YOU HAVE IT GOING ON MAN.. WHATS YOUR CONTACT INFO THERE BUDDY?
If you guys want my info.
Post up who you are and what you do and Ill PM you.
Matt
/\ I'm Klaud...... I play with real estate also....
Currently working on a 27 home subdivision also....
Jamie and ALex are into mortgages..... sounds like u guys may need to hook up...
If you guys
If you guys can actually close a loan when you say your going to and have the funds available at the time of closing, then we can talk.
Matt
PM me and we can talk
Ummm, absolutely........
This is me:
http://forums.importatlanta.com/showthread.php?t=15352
My brother-in-law lives in Dallas and is an appraiser. He's also building a few homes with his father-in-law who is a builder. He has 3 homes about to be finished and is planning on building a full subdiv within a few months. I'm doing that project with him. I can certainly handle new construction. I'm a Lender, so the funds are always there when we close. You're really technically NOT supposed to do a dry closing in the state of GA.
I'm ready when you are.
Id go with Jamie out of the 2 people.... Thats just a very solid word of advice
Brett (One of the true OG's, No really... ask anyone)
'15 Chevy SS
'16 K7 SXL SWP
www.facebook.com/brett.lowenthal1
R.I.P Leisa, You are never forgotten - 10/7/08
Big, nice project list. What road is the one in mableton off of? We just turned a 78 lot sub in s.cobb and currently rounding up a couple projects in s.cobb, I also live in right around there. And always looking for land, but i am sure you know the feeling.
Klaud, hows your project? 27 lots, what county bud?
Alex, Jamie, what banks?
"The 1911 is a collection of subsystems that must work together. Each part must be prepared and fit properly not only in and of itself, but also with regard to the other parts with which it must operate for the gun to function and appear as desired."
We are building in Jackson county
The project in mableton is off of Boggs rd.
Danny what do you do exactly.
Matt
are you the developer klaud, or did you team up with someone. Cool beans, glad for ya.
"The 1911 is a collection of subsystems that must work together. Each part must be prepared and fit properly not only in and of itself, but also with regard to the other parts with which it must operate for the gun to function and appear as desired."
we teamed up
a few investors and a builder
Matt, development. No building as of yet, just infastructure. Residential.
"The 1911 is a collection of subsystems that must work together. Each part must be prepared and fit properly not only in and of itself, but also with regard to the other parts with which it must operate for the gun to function and appear as desired."
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