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Getting real about real estate... I've accelerated my home shopping this month. Last week, I went to see some single story townhouses. 1 and 2 bedroom 4-plex units in a 55+ community. I like the idea that parking is near each unit and some separation between buildings. Easy in and out of the development, but no gate or security guard. There are some negative aspects... low ceilings, small bedrooms, baths & closets. The place is dreary and depressing to me, inside and out. The buildings are old and some appear that repairs aren't as timely as they should be. Coin operated laundry shared by each 4-plex. We met one guy who has been flipping units there, that could be something viable since I'm in the remodeling business. My has flipped a few units over the years and mentioned she would partner with me on such a venture. For what they offer, the asking prices seemed high. Yes... negotiate, negotiate, negotiate. I learned some important shopping tips from shopping with women. Men are different. A guy will buy the first thing that looks good. Women won't see a first choice... everything is a second or third choice. If a woman finds something that meets ALL of her search criteria, she will continue to shop for something better! This week, I've been getting links from an agent featured in a different place. 3 and 4 story condos in a gated community. The development is easily ten times larger than the place with townhouses. Priced better, the 2 bedroom units are in the same price range as the 1 bedroom townhouses and the HOA is also less. There are more restrictions in the condos, including no pets (good) coin laundry shared by many. Some buildings must be primary residences... renters are not allowed. Personally, I think that would make the units hold their value. Getting in and out of gated communities has it's delays. All the listings talk about the amenities. Pool, spa, exercise room, golf, theater... all the things I have no interest in. I'm really not looking forward to condo life. Stairs, assigned parking 50 yards away, laundry at the end of the wing. The community is predominately Jewish. I worry we would be considered as outsiders. My wife has no religion and I worship internet. I mentioned to a friend about acceptance there and he said "Put that out of your mind." I'm also concerned if the community would be prejudice toward my Chinese wife. Again, he said "No worries mate, she's friendly and outgoing, they'd be drawn to her in an instant." .   |
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We are meeting the agent to look at some units tomorrow. Hopefully, everything goes well and we'll see something we like.
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10/15/2018 7:26 am |
well if you like to do other business other than real estate get in touch
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well if you like to do other business other than real estate get in touch
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Bye bye looks, sorry to see you go so soon...
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