Quote from: JoseQViper on July 12, 2007, 08:13:09 AM
Damn,  you boys got after it last night.

1. PG, the market in Florida is pretty good.  The Former Chairman just robbed some old lady and paid way too little for a house.

2. Reg's right, Utica is the place to buy a house.  The Former Chairman's cousin just got a gigantic house for nothing more than a hearty handshake.  (And he played LB at Cortland, so you know he ain't some genius real estate tycoon). Too bad the house is in Utica.

3. The Former Chairman learned more about money management on LLPP than from any other source

Speaking of this, should we have some kind of '*' on here or something to protect our personal interests??  Something like.....

* -  The thoughts expressed on LLPP are those of individuals on LLPP and do not necessarily reflect the views of LLPP management (unless they are real funny, then U89 will attempt to take all the credit).  Any major financial loss, arrest due to verbal pummelling of others or other unfoseeable misfortune are not the responsibility of LLPP.  If on the other hand you somehow stumble into $$ due to our senseless rant, 40% of all profits should me mailed to:

                                                       Union89
                                                       Charlestown, MA 02129

Thank You for your support of LLPP.

Quote from: LewDogg11 on July 12, 2007, 12:44:03 AM
Jesus H. Christmas!!!

WTFF left town this morning so LD11 decided to get crunked up.  Played some Tiger Woods with the boys, hit Hooters, went into Holladawg's Reflection Room for a few hours, watched some movies, and BAM!!!  There's like 10 extra pages on the LLPP. 

I haven't seen this kind of action for some time.  Very impressive.  However, while all of you clowns get on Regulator's case, I have to back him up...Can't you buy a mansion in Rochester NY for like $150K???  I mean come on?  And the guy is talking about Boston?  In Boston, $150K will get you a fly cardboard box and a bag of chips. 

I'm talking about boston b/c I know it's all relative, as you pointed out. I completely agree w/ Reg and his words of warning about real estate - I've got family who are heavy into it and say the same thing, Reg knows what he's saying.

Also, I'm fairly certain that just b/c you can buy a house cheaper somewhere, doesn't mean you should stay there and not live in the area you are interested in.

Edit: I imagine you would agree with that.

Quote from: regulator on July 12, 2007, 08:16:58 AM

Quote from: 'gro on July 12, 2007, 08:09:50 AM
Wow... "Dear reg, I can't afford your boat, but I'm going to buy it anyway."

That's how ramdom doods roll into debt!!

Dear weekend millionaire-
Thanks for the interest.  Please contact your lending institution before bothering me anymore.  If you wanna play, you gotta pay.  There is no "ballin on a budget" in boating.

Thx,
MGMT

BOL at work!!  +k reg....pbr's boss gave the glance over and asked what pbr was laughing at.... Ballin on a Budget!

Quote from: uPBRmeASAP on July 12, 2007, 08:30:04 AM

Quote from: regulator on July 12, 2007, 08:16:58 AM

Quote from: 'gro on July 12, 2007, 08:09:50 AM
Wow... "Dear reg, I can't afford your boat, but I'm going to buy it anyway."

That's how ramdom doods roll into debt!!

Dear weekend millionaire-
Thanks for the interest.  Please contact your lending institution before bothering me anymore.  If you wanna play, you gotta pay.  There is no "ballin on a budget" in boating.

Thx,
MGMT

BOL at work!!  +k reg....pbr's boss gave the glance over and asked what pbr was laughing at.... Ballin on a Budget!

should have dropped "cash is king" in there somewhere

Quote from: regulator on July 12, 2007, 08:20:34 AMDear Former chairman,
#1 What does "the market in Florida is pretty good" mean?  For who....hurricanes?

Hurricanes are overhyped to scare yankees away.  There are still some parts of Florida that are native and we'd like to keep it that way.  Just come, pay the ridiculous tourist taxes to the Mouse and head back.

Quote from: regulator on July 12, 2007, 08:20:34 AM
#2 Reg wasn't telling anyone to buy a house in Utica, who on earth would buyy a house in Utica?  

I was echoing your sarcasm.

From what I hear though, the answer appears to be Slavic immigrants.  But hey, when you have suffered through years of civil war and ethnic cleansing, Utica wouldn't seem so bleak.  (cue FA91 to defend his hometown).

Quote from: Tags on July 12, 2007, 08:26:28 AM

Quote from: LewDogg11 on July 12, 2007, 12:44:03 AM
Jesus H. Christmas!!!

WTFF left town this morning so LD11 decided to get crunked up.  Played some Tiger Woods with the boys, hit Hooters, went into Holladawg's Reflection Room for a few hours, watched some movies, and BAM!!!  There's like 10 extra pages on the LLPP. 

I haven't seen this kind of action for some time.  Very impressive.  However, while all of you clowns get on Regulator's case, I have to back him up...Can't you buy a mansion in Rochester NY for like $150K???  I mean come on?  And the guy is talking about Boston?  In Boston, $150K will get you a fly cardboard box and a bag of chips. 

I'm talking about boston b/c I know it's all relative, as you pointed out. I completely agree w/ Reg and his words of warning about real estate - I've got family who are heavy into it and say the same thing, Reg knows what he's saying.

Also, I'm fairly certain that just b/c you can buy a house cheaper somewhere, doesn't mean you should stay there and not live in the area you are interested in.

Edit: I imagine you would agree with that.

Yea its messed up.  

Lets say you are a teacher in Utica, NY getting paid 40K a year right out of college.  Now your like, oh Id like to buy a nice 3 bedroom ranch.  Done deal.  150K on a 40K a year salary is easy.

Now lets say your a teacher in Newton, Ma.  Your probably getting paid around the same as a first year teacher (40K) and now you say the same thing (Id like to buy a 3 bedroom ranch)  Same ranch in Newton is 800K.

So the moral of the story is......teaching aint gonna pay you the bills in Boston.

agreed JU, probably a lot of careers won't pay the bills in Boston. Or any other high profile city today for that matter.

I believe Reg (correct me if I'm wrong) is in LA? My brother lives in Sacramento, and consistently pounds me about the difference between the standard of living in Roch v. Sac

neg....tgp is in LA LA Land....reg is down and jiggy on the 'peake in maryland

I'll vouch (is that a word? it doesn't look right. you say it 100 times then when you actually type it... nevermind) for JoseQ here and expand florida to pretty much the entire southeast market is "very good". Houses here are cheaper and newer. I can't  vouch (2 times) for the quality of construction, but gro is on new house #2 and hasn't seen too much trouble.

150K up north gets you a 75 year old cape cod. 150K in the SE gets you a 1800 sqft new construction.  200K gets you a whole lotta house. So if you're not trying to play the real estate game and just live in a nice house, the SE has it's advantages.

on the flipside... they are building TOO many houses down here (at least in TN)... which is stunting the appreciation value like you read about.

RE: hurricanes are overhyped

I know, I know...they are overhyped.  All of the rumors that you can't get flood/hurricane insurance in florida are a lie.

Tourist tax?  You mean the 5% they put on top of your hotel bill?  Is that what you referring to as Rediculas?

Native florida, I can see it now......a few palm trees, 120 degrees out @ 80% humidity and sipping a wonderful mojito in the pool.

Quote from: 'gro on July 12, 2007, 08:46:28 AM
I'll vouch (is that a word? it doesn't look right. you say it 100 times then when you actually type it... nevermind) for JoseQ here and expand florida to pretty much the entire southeast market is "very good". Houses here are cheaper and newer. I can't  vouch (2 times) for the quality of construction, but gro is on new house #2 and hasn't seen too much trouble.

150K up north gets you a 75 year old cape cod. 150K in the SE gets you a 1800 sqft new construction.  200K gets you a whole lotta house. So if you're not trying to play the real estate game and just live in a nice house, the SE has it's advantages.

on the flipside... they are building TOO many houses down here (at least in TN)... which is stunting the appreciation value like you read about.

Gro your right that you're gonna get a better place down there, but a 250K house in the Northeast might be worth 2 million in 20 years, while the 250K house in the South might be worth 500K in 20 years......

Quote from: 'gro on July 12, 2007, 08:46:28 AM
I'll vouch (is that a word? it doesn't look right. you say it 100 times then when you actually type it... nevermind) for JoseQ here and expand florida to pretty much the entire southeast market is "very good". Houses here are cheaper and newer. I can't  vouch (2 times) for the quality of construction, but gro is on new house #2 and hasn't seen too much trouble.

150K up north gets you a 75 year old cape cod. 150K in the SE gets you a 1800 sqft new construction.  200K gets you a whole lotta house. So if you're not trying to play the real estate game and just live in a nice house, the SE has it's advantages.

on the flipside... they are building TOO many houses down here (at least in TN)... which is stunting the appreciation value like you read about.

Anyone else bummed out 'Gro is now calling his abode a 'house'??

reg your too much....ROTFLMAO!!!

Re: hurricanes
In my brief stint in the 813 they didn't have any. The gulf side doesn't get hit as frequent as the atlantic. The only thing I can say about hurricanes is get your insurance right!! You might pay more but don't leave things up to chance for the claim adjuster to find a loophole.

"Oh, this hurrican occured after the official season closed... you don't have coverage for that."

JU- +1k......
That is why I was questioning what "the market is pretty good" statement meant.