This should make afroyale very happy!

Lick

Rising Star
BGOL Investor
Okay Fam, let me start this MOFO and make very clear that I am only doing this for dialog… Get the damn juices flowing. I ain’t with the name calling and trying to dis anyone on the board.
Real Estate sales are down! (In California) Sales have dropped in Los Angeles 21% and in Orange County 35%.
I always knew that things had to cool off and for me, this is the time I get ready to start shopping! This is when the deals begin to show up on the market!
So yall ring in and let a brother know If ya see something in your neck of the woods!
I’m looking for units, 2,3 & 4 units. I don’t want to move into the commercial loans yet.
Afroyale… Peace my brother! That’s real!
:cool:
 
LOL, I'm getting into the same business. I was looking for a 6 -10 unit, but I did find some intresting units. Two townhomes in Lake Charles, LA for $37k.
Check Realtor.Com
 
olly1969 said:
LOL, I'm getting into the same business. I was looking for a 6 -10 unit, but I did find some intresting units. Two townhomes in Lake Charles, LA for $37k.
Check Realtor.Com
Hey Bruh,
I checked out Realtor.com and they don't give out the info and I understand why... They want you to do the business with them. I like wholesale buying. They are on the retail end of the game.
Good looking out! :cool:
 
For all investors, get into the Columbus Ga./ Fort Benning Market. They will be relocating 30,000 soldiers into that area over the next 2 years. Also look at the Phenix City, AL area as well. Alabama equals low taxes :yes:
 
samh32 said:
For all investors, get into the Columbus Ga./ Fort Benning Market. They will be relocating 30,000 soldiers into that area over the next 2 years. Also look at the Phenix City, AL area as well. Alabama equals low taxes :yes:
I'll check inti that! Good looking out! :cool:
 
I am a mortgage lender in Columbus Georgia and if you need some financing let me know. contact me at mrmortgage2000@yahoo.com. We have loan programs for residential and commercial. Apartment, duplex are not a problem, I got those type loan covered too.... hit me up aiight!!!!!
 
samh32 said:
For all investors, get into the Columbus Ga./ Fort Benning Market. They will be relocating 30,000 soldiers into that area over the next 2 years. Also look at the Phenix City, AL area as well. Alabama equals low taxes :yes:

For all investors, stay the fuck away from residential RE until way past 2008.
 
afroyale said:

For all investors, stay the fuck away from residential RE until way past 2008.
What up Dawg? Where ya been??? Look... I would not buy anything at retail... However, wholesell is another animal Dawg! Buy low and if ya sell, then sell high!
Stay up! :cool:
 
Lick said:
What up Dawg? Where ya been??? Look... I would not buy anything at retail... However, wholesell is another animal Dawg! Buy low and if ya sell, then sell high!
Stay up! :cool:


True dat but what I am trying to say is, the real bargains are gonna start showing up in late 2007 into 2008. Yes, residential RE is cheaper today compared to a last year, BUT deeper price drops needs to take place to consider it a buyers market.

The RE Fat Lady aint done singing yet. If you've got loot$, park it somewhere (https://www.emigrantdirect.com/EmigrantDirectWeb/index.jsp) and wait till she's done.
 
afroyale said:


True dat but what I am trying to say is, the real bargains are gonna start showing up in late 2007 into 2008. Yes, residential RE is cheaper today compared to a last year, BUT deeper price drops needs to take place to consider it a buyers market.

The RE Fat Lady aint done singing yet. If you've got loot$, park it somewhere (https://www.emigrantdirect.com/EmigrantDirectWeb/index.jsp) and wait till she's done.
Man I knew I could get this out ya ass! LOL!!! Dawg, we on the same team and as long as we are team mates (BLACK) then we NEED to work together as a team to win!
I feel ya a bit on that and for the most part I think we may see deeper cut in Real State in the next year. However, here in Los Angeles, we may not see any real decrease in prices. We have a housing shortage here Dawg! The prices and rents from what I see are somewhat established. I have seen the crazy shit drop off and was expecting it all the way… It had to! There was no way for it to continue. What has happen in my area is the lower and under priced homes are now where they should be. Black folk in the past have always been cheated out of what was fair market value for their homes.
It’s all good my brother! Ya stay up!
:cool:
 
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