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ssyoo
Posts:7
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| 08/27/2008 3:42 PM |
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| Thanks Brian! I love it how you don't give a darn about detractors. And, I appreciate everyone's input including jspoto's! |
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Brian
Posts:2622
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| 08/29/2008 10:33 AM |
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Posted By jspoto on 08/27/2008 12:24 PM
If you were contemplating purchasing real estate and wanted to hear a guest speaker, would you go to A - a person who did excellent research and had alot of opinions or B - a person who made multi-millions purchasing real estate thru both up and down markets ?
Don't want to beat a dead horse, but look at the "successful" real estate LLC that owns
Parkloft #412.
They claim to have millions in investments but are defaulting on their condo. That should be peanuts for such a "successful" enterprise,
Notice that the "successful" company has no physical address, only a toll-free number. Would you trust such outfit to invest your money?
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jspoto
Posts:222
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| 08/29/2008 10:45 AM |
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| brian - you seem to have a knack for exposing the frauds. There are many of us who are not. PPSF for parkloft is apx 300. that is the current value. 412 is listed at over 400per sq ft - not going to happen. |
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jspoto
Posts:222
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| 08/29/2008 11:02 AM |
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| I called the phone number, hit zero and spoke to Mario - the LLC's CEO. From their website - "As an import from Europe, a seasoned world traveler and an experienced real estate investor, Mario comprehends the potential available in the area of real estate investment. Mario has learned that there is generally a strong real estate market to be found somewhere, and he is now working on expanding holdings in his third consecutive hot market find. He is also an accomplished soccer player, enthusiast and supporter." He did confirm the property was for sale but did not feel like discussing what happened. |
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Brian
Posts:2622
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| 08/29/2008 11:53 AM |
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jspoto, thanks for sharing.
I'm not really out to expose anything. I just post what I see. It all started with my interest in purchasing Downtown.
People spend so much time researching cars and other electronics that they buy.... If only people would watch the market for a while and research the properties before they buy on emotions, they wouldn't be so pissed off when they lose money.
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sleepybear
Posts:116
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| 08/29/2008 12:02 PM |
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1484--You say that you post only what you see.
Where did you see this? "In all honesty, I would never buy during the summer selling season. Winter is the best time to buy."
I've seen "April is the cruellest month," but I have never seen "Winter is the best time to buy." Can you give us a source? |
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Brian
Posts:2622
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| 08/29/2008 12:14 PM |
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Do we have a poster who bought in April?
http://homebuying.about.com/od/buyingahome/qt/BestDay2BuyHome.htm
The first best day of the year to buy a home is Christmas Day.
Nobody looks at homes on Christmas Day. But buying on Christmas Day is a smart move. If you scout out the homes on which you'd like to make offers a few days before Christmas, you'll be better positioned. Why is Christmas Day so attractive?
* People are in good moods, celebrating, opening presents, enjoying family.
* People are more inclined to be generous, even if it means coming down on the price. "Hey, it's Christmas, hon; just sign it."
* Home prices are at a 12-month low in December.
* If a person has their home on the market over Christmas, that person is definitely serious about negotiating and selling that home. You can bet on it. Better yet, why not write an offer?
Of course, the key is to find a real estate agent who will a) work on Christmas and b) be aggressive enough to worm her way into the seller's home without batting an eyelash. Those agents are out there. |
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tpc
Posts:628
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| 08/29/2008 12:28 PM |
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| IMO-the best day to buy is new years day. By then sellers will have made the new years resolution to get rid of their unsold home so they don't have to keep making 2 mtge payts, etc. |
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showboat
Posts:67
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| 08/29/2008 12:29 PM |
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| SLEEPY - go back to bed and get some more sleep... you can "see" market trends from past historical data... |
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sleepybear
Posts:116
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| 08/29/2008 12:40 PM |
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I wouldn't drive a car with a great rearview mirror but a "cracked" windshield and both headlights out., especially at night If past trends were valid, we would be coming out of the RE slump by now. I'm amazed that people who are seriouisly interested in buying pay attention to what is being slung on these message boards.
Oh well, after a windbag/balloon has been punctured so many times, it stops being worthwhile to keep sticking it--so this is my last message. Watch out for the charlatans and self-promoters. |
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airplanedad
Posts:133
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| 08/29/2008 3:38 PM |
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Posted By sleepybear on 08/29/2008 12:40 PM
I wouldn't drive a car with a great rearview mirror but a "cracked" windshield and both headlights out., especially at night If past trends were valid, we would be coming out of the RE slump by now. I'm amazed that people who are seriouisly interested in buying pay attention to what is being slung on these message boards.
Oh well, after a windbag/balloon has been punctured so many times, it stops being worthwhile to keep sticking it--so this is my last message. Watch out for the charlatans and self-promoters.
me-oh-my: whatever will the smart, educated, resourcefu, data savvy "young 'uns" on this site do now without sleepy's "leveling effect"? |
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