Real Estate

I live in North Queensland and it’s coming up to the wet season so it feels like it’s always raining. I have two year old Border Collies that are unfortunately pure outside dogs (Renting, realestate says no animals inside).
They don’t have a lot of shelter to get out of the constant rain and wind so I’ve been considering buying them waterproof dog coats to wear when it’s constantly pissing down.

Just wondering if people recommend it or does it just seem silly?
They have a kennel outside but it’s become more of a back yard decoration.
And yes, I did have blankets and stuff in their for them but they’d rather pull the blankets out and lay on them outside of the kennel haha. They seem to choose their favourite spot to sleep and then that’s it and their favourite spot is down by the water tank that overflows when it rains heaps. I was mainly considering the raincoat thing for them as it keeps them somewhat dry instead of being constantly wet.
"Torgo has Earl Campbell thighs"
If you read the whole thing you would know that my dogs do have shelter, they choose not to use it. They are energetic dogs, I can not force them into their kennel and lock them up every time it’s windy and raining just so they don’t get wet.
They have food, water, shelter and love and they are in no way abused or neglected. You’re an idiot.

If you cannot and will not provide adequate shelter for your dogs then rehome them. Getting them coats and leaving them in the wet will only get them killed, and you possibly arrested. I don’t know what your animal cruelty laws are there, but in most first world nations the conditions your dogs are in (unable to reliably escape the elements due to inadequate shelter) is a criminal offense punishable by fines and jail time.

Build your dogs a proper, secure, sturdy shelter from the wind and rain or rehome them. THOSE are your only two responsible choices here.

There is nothing wrong with outdoor dogs provided you can keep them safe. If you have to worry about getting them rain coats because, as you say, they can’t get out of the rain and wind, then you need to provide them with shelter or rehome them to somebody who can properly care for them. A waterproof coat will not solve this problem.

If your dogs keep pulling the blankets out of their shelter then line it with straw. Much more difficult to drag that stuff around.

i’m interested in fourplex’s because i figure it could be the best investment I could make. I was thinking at 800square feet per unit for a minimum of 500 dollars a piece rent ought to cover any expense I might have from living in one of the units.

My situation is I suffer from social anxiety disorder and I’m very limited in terms of income. I basically live at home with my mother right now and I’m saving up for the opportunity to own a multiplex. Right now work is very unstable for me but I figure I can one day maintain 10 dollars an hour full time. I have 65k saved up in the bank now and hope to save 10k a year leading up to the purchase. I live in NJ and the prospect of owning a multiplex here especially a new one which I would prefer so that I cut down my maintenence cost, is pretty dismal. I suspect I would be looking to buy a multiplex in Delaware or North Carolina where my parents will most likely be settled down for retirement.

my questions are:

How much should i expect to pay for a down payment on a property i described, being a newly constructed property? And how much extra cash should I have on hand after the down payment?

who could i employ to build me a property of this type?

How long should I wait on a project given the bleek outlook on the economy and there being a depression for the next few years?

Would I have to live in or within close proximity to the multiplex or can this be done from out of state?

should I consider more than one investor?

Is there a better way to invest my money considering all the vacant realestate out there already?

You are asking a compilcated questions which is hard to answer in a few lines.
1. Is it the best way to invest my money? The only way to figure this out is to figure out the capilization rate (CAP RATE%). When you have the cap rate for your investment you can compare it to other investments. The CAP rate is the (NOI) net operating income divided by the pruchase price. Check the web for more detills. If you want to know how much a building is worth divide the CAP (%) rate by the NOI.
It takes a lot of work to gather the information. But it is worth doing so you don’t end up with a building that only pays you 1|% income when you can get a treasurary bill for 5% with no work.

2. A four plex is not the best investment. If one unit is vacant you loose 25% of you income. Very High! Try and find investors and build more units. The more units the cheaper it is for the expenses.

3. Get you self a well knowen contractor with experience in smaller buldings. Make sure they are well financed so they do not go broke in the middle of building . Get several rough extimates so you can start a plan.

4. It may be easier to build closer to you to but the disatvantage is that you may not be living in an uptrending market with good job creation and workers comming to town to rent. Good jobs with good income mean good rents.
Get a Realtor and see what your area is like for income properties.Maybe one of your partners can be a realtor. All partners should have some expertise.

Again this question is just to compicated to answer in a few lines. Get expertise in your area and get all the facts together on paper to make a business plan. If it dosn’t work on paper it won’t work for real.

I vacationed down there, and loved it…made alot of friends and was approached by alot of warm folks….
Now being from NYC and italian , i decieded to relocate and set up a biz…
I called up and went to realestate agents there (about 4 already) and the didnt return my calls, missed my appointments, showed me no info for homes or websites,,,and seem very distant while i am asking info its like pulling teeth with them . They are very disinterested in making a sale to me.

Is this how these people are down here? The civil war is over…..

Being from nc some do because the way they act and say stupid yorkers or dumb ass italians not everybody but more than just the jack ass rednecks

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Albuquerque Homes for Sale Listed by Veronica Gonzales http://www.ABQDreamHomes.com/
*Interior Features*
Dishwasher, Dryer Hook Up, Freestanding Electric Stove/Oven, Washer Hook Up, Carpet, Laminate floor, Breakfast Nook, Pantry,

*Exterior Features*
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•Area: North Valley

•County: Bernalillo

•Subdivision: E14

•Year Built: 1978

•3 total bedroom(s)

•2 total bath(s)

•1 total full bath(s)

•1 total half bath(s)

•Approximately 1148 sq. ft.

•Master bedroom is 18×11 Level: Upper

•Living room is 17×9 Level: Main

•Kitchen is 20×9 Level: Main

•Heating features: Gas Heating

•Forced air heat

•Central heat

•Cooling features: Evaporative AC

•Exterior construction: Frame, Stucco Siding

•Roofing: Mixed, Pitched, Shingle

Duration : 0:1:43

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www.I-Moveu.com
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Damage North Stamford CT March 14, 2010

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Amidst the Real Estate & Mortgage Meltdown; Foreclosure Fraud & Scams; Real Estates Future is Great. First Time Home Buyers, FHA Loans & Seller Paid Closing Costs. Go To http://RealEstateMarketingThisWeek.com

Part 8 (Excerpt)

Rent skimming and other foreclosure scams Home Owner Beware.

And what rent skimming is, a shark as I like to call them, a shark will go out and find a vacant house, and they will go in and change the locks and maybe clean it up a little if need be but then they will rent it out to somebody. They will move that person into the house, they will get their $1,000 or $1,500 a month rent payment on the house, and 3 or 4 months down the road the repo man comes knocking on the door and says, hey you have to get out. He says this to the tenant of course and the tenant says, hey you dont own the house, and it turns out that the guy that they were paying rent from for the last 3 or 4 months didnt own the house either.

So you are talking about somebody, a shark, who goes out and finds a vacant house, breaks in, changes the locks, cleans it up, puts it up on Craigs list and rents it out and collects the money. He never owned the house, he never had any rights to the house, then all of a sudden the sheriff shows up and says you have to go. How can that be legal? Well its not legal; its not legal at all. Because the person who rented you the house knows that they dont own the house, now of course the tenant doesnt know that.

Now under Fannie Maes new guidelines, that tenant, if they are lucky enough to have Fannie Mae own that property, or own that note, you may actually get to stay in the house because Fannie Mae has some new guidelines that if they have a tenant in the house, they will re-sign a contract with them and let them stay in the house. It didnt say how long but they will let them stay in there for a while.

Wow, that is fantastic. I actually didnt know about that, so Fannie Mae is getting into the property management business. Yes, our government is now becoming a landlord as well as the entity that likes to just hand out trillions of dollars. I believe that you and I have a differing of opinion on this, Dan. I actually think that that is the right thing for Fannie Mae and Freddie Mac to do, primarily because if they sell right now they will sell at a huge loss and they have an opportunity to pick up some capitol at some point, dont you think?

Well, I dont know, it all depends on whether property values keep going up or property values keep going down. But the real issue becomes, is our government in the business of owning real estate? And we can argue about this all day long. There is no need to; there is too much other information you are going to talk about, too many other sharks out there.

What is the crime, I mean realistically, some guy goes in, breaks into the house. Sounds like its breaking and entering to me, then he is collecting monies on a vacant house and well there are a number of crimes, I have to admit I dont have the statute with me but I do know in Arizona there is a statute specifically about this very practice. And that would be Terry Goddards website? I would suspect that you could go there and find it.

But real quick here before we run out of time, there are two other quick things I wanted to talk about one just happened to a friend of mine recently where her daughter moved out of a house that she had been living in for years and she moved to another state and the house went vacant. Well, she hadnt been gone for more than a few weeks and the mother, who was going to help her work on a short sale, went over to the house one day and found that the locks were changed.

And I immediately think, Oh, Oh were dealing with a rent skimming situation here. Well it turns out the lender, who does not own the house yet, because there has not been a foreclosure sale, came by, saw the house was vacant, opened the door, changed all the locks on the house and now essentially is not really willing to give the keys to the owner. I couldnt quite figure that one out, especially when I found out that two weeks later they still had not gotten the keys from the lender.

So just be careful of that and the one thing I want, the last thing I will talk about is that a buddy of mine works repos over in California and I think its happening here a little bit, where what will happen is when you are in a foreclosure situation you will have all kinds of people knocking on your door. Some of these people want to come by and buy the stuff out of your house.

Duration : 0:7:10

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Duration : 0:6:18

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Western North Carolina features the Riverbend Private Community which is the perfect real estate option for people wishing to retire to WNC, have a second home for part of the year, or to have a vacation property in the NC Mountains. Lake Lure is a community not too far from Hendersonville, Asheville, and Charlotte, and Riverbend is a great place to lay back, enjoy life, vacation or retire. Amenities include 2 private lakes, nature trails, hiking trails, rivers, streams, and nature. If you are looking for real estate or even a land home package in the mountains of Western North Carolina, we invite you to contact Riverbend http://RiverbendLakeLure.com and let us show you the community. Property prices are very affordable, starting at only $22k and up to $100k+. We also have Land/Home packages starting as low as $165k.

Duration : 0:2:22

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