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Thanks - will call in a.m.

Thanks - will contact!

Thanks Ray, but you never know until you ask. Plans change. Please keep us in mind and let me know if something opens up.

I need a 2 bedroom cottage or condo for 3 or 4 nights during the week of April 4-10. Days are flexible and we don't need the entire week. We prefer Grayton Beach but would consider other nearby locations. Would also consider a larger accommodation if the price is reasonable.

After laying low for months (years?) I'm ready to flop back into the conversation. We will start to build in SoWal in Spring '09, ready for the '10 season. Why? Truth is the build-out has arrived and lots ain't selling. But, with the decline in building costs and our low basis (purchased lot in...

Really beautiful work DTF. I look forward to catching one of your shows one day. Good luck in your search and :welcome:

As always - thank you Shelly. 1 - Remember rule #1 "Crunch Thy Numbers" 2 - Amen - it is much harder now ...but not impossible.

I'm not trying to defend stupid speculation on beach RE. As I said in my earlier post IT DEPENDS. Sometimes leverage can work to to one's advantage. Cash purchase will usually work just fine but it is not the only way to make(or loose) money.

The short answer is that it depends on what you buy. Say you and I each have $100,000 to invest. You buy a single property and pay $100,000 cash. I buy 10 identical properties and put 10% down on each. I get great terms from my lender and my note on each property is $500/month. (I know, I know...

Where we live/invest, it is a challenge to even find a SFD that will cashflow. The prices for a decent property are just too high. We find that for the same purchase price, we can get enough rent with multifamily homes to make it work. And yes, the other side of the coin is that you are dealing...

WHAT? - 15 houses? Salt Lake City?, Cape Coral? ABQ? (where/what is that?) Stupid is as stupid does. - Forrest Gump Here are our rules - I know there are other ways to invest in RE but this works for us: - Crunch Thy Numbers! - be conservative, be realistic - Know Thy Neighborhood! -...

I couldn't agree more - egrp's breakdown in #7 above is a fair example. Im guessing that one should not buy resort property in SOWAL, or anywhere else with the expectation of positive cashflow.

Not only can you leverage the purchase of RE but if you buy the right property, you can - through rent - use other people's money to pay down your obligation.

Follow the link below to ride the wildest coaster you've ever seen. U.S. home prices from 1890 to present (adjusted for inflation) plotted as a roller coaster. The last 12 years of the ride are - well...:eek: take the ride and see. Hold on to your straw hats kids...

Great story George:lolabove: There are opportunities like this all over America in big cities - one just needs to be willing to roll up their sleeves, have imagination and wade in. There is a huge shift happening toward Urban Living in the young middle class.

Thank you Shelly - I live in Intown Atlanta - have for 20+years - know every street name almost every house. There are always folks who are tired of landlording - have no payments - just ready to cash out and join Steve on the links. There are bargans to be had if one works at it. We own six...

Assuming that Dr. Spin is speaking metaphorically - yes it is VERY hard work - you must be willing to paint fences and fix toilets

Yes - it is still very do-able - stick to an area that you know - forget the flip.

I second Shelly - "Good for you Steve" :welcome:

Kurt - Speaking for the lurkers - this site is a GREAT SERVICE to the community - and VERY entertaining!! - MANY THANKS!! :clap_1: :clap_1: :clap_1: - Searcher

"A prophet is not without honor except in his(or her) own country and in his(or her) own house."

Hi - I need accomodations in RB for a family of 4 - three bedrooms if possible. Sept. 1 - depart Sept. 4. - Thanks

SJ - Thanks for the heads-up. I hope to catch the show. I think that the inevitable future for housing (resort and otherwise) will be greener and smaller. Curb appeal will follow for many of us as we get used to the idea. For now I applaud these creative recyclers.

Check this out - http://www.architectureandhygiene.com/quikHouse/quikHouse_main.html Subjective aesthetic judgements aside, it really is a pretty amazing concept - a 2000 sq. ft home for under $200,000, in less than six months. In the right setting, it could be a striking (in a good...

Seems to be an interesting idea - http://www.containercity.com/ http://www.architectureandhygiene.com/12conHouse/12con_main.html

Love seafood, dancing chickins are a last resort. On topic - have observed two lots at Rosemary Beach go under contract this spring after months of doldrums - good sign?

No tears for Shelly - truth is that I listen to all of you.

OK I give! - Cannot hold back! - Between Shelly and Skelly this is THE place to lurk! - I love this site! - I am surfacing ONLY because this is the first RE thread that Shell has not totally pissed on - in fact she/he/it actually posted a very funny and friendly reply. Has the tide turned...