Off-Topic Landfill 6

How many times do I have to say that I make an account here every 3 years when I need to replace my lease? I can never remember what the username was. I know all of you, some personally, nothing really changes around here, just the high horse keeps getting higher and dictatorship is more entrenched. Glad to see at least ursus mellowed out a lot. Everyone else gives up and leaves even with site being linked on Reddit every 5 minutes. A domain with a ton of potential being flushed down the toilet so a few people can have a forum to talk to each other and yell at people for asking questions.

This is my last time ever replying directly to you because yet again to create user name it just to replace the lease on the site where you hate everything and everyone is beyond logical.

All basic info is available to anyone in marketplace thread to see current deals as well as LH calculators.

You can get your lease done without being a member here. You CHOOSE to register here and stir crap.

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No shit. You canā€™t remember ANY of your names? Name one so we know who you are.

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Canā€™t remember his email addresses either apparently? Maybe the tech team can figure his life out for him.

So you keep saying

I didnā€™t make the rules. I had one question, which I would have asked, gotten my answer and left, but nooooo, in order to post you have to read x number of posts, and waste x number of minutes. So while pointlessly browsing I came across something that made me post, and that kind of spiraled out. I was perfectly happy to not interact, but then jay3 decided to turn to personal attacks, and I dnā€™t do well with those. So now heā€™s following me around, posting shit about me (Iā€™m assuming as I have him on ignore). The ā€œinsanityā€ thread where I told someone to go F themselves 30 times or so, donā€™t call a Jewish president of Ukraine a nazi and the entire Ukraine a nazi stronghold, and I wonā€™t tell you to fornicate with yourself. Seems pretty normal action / reaction, but clearly you and others are so intent on driving me out, that you completely ignored everything else.

Whatā€™s the upside for me exactly?

Please donā€™t let these political users ruin the meme thread.

IDK why you guys bother. All I see is

Dangā€¦ even my memes get landfilled.

He can replicate everyone. Heā€™s just being stingy. Send him multiple PMs.

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Found a swapalease ad, long story short it required 26k down to get this monthly. He only asked for 2.5k back after 2 months of ownership.

I believe without any money down would be close to 1800 a month.

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Why arenā€™t we using this one more?

@Jrouleau426

check out the data on miami

https://wolfstreet.com/2023/12/26/the-most-splendid-housing-bubbles-in-america-december-2023-update/

iā€™m looking to sell while the market is still high here and its just impossible what people are asking for these absolute dumps or investor spackle jobs. hell i canā€™t even find a house to rent with a garage for less than $3500.

Yeah itā€™s absolutely crazy. It seems condos have been dropping just bc of all the uncertainties with hoas and insurance. But sfr is nuts still. I donā€™t know how these people are financing at these rates. It still must be all cash from South America, Colombian peso is up like 20% this year vs usd so Iā€™m sure theyā€™re still investing. But I donā€™t think thereā€™s many retail investors buying.

I think 2024 we start seeing some drops. After the electionā€¦as for when you should sell who knows. I would have said 1-2 years ago and have been wrong on that. Risk reward tells me now is a good time since you waited this long. Do you really see 10% upside from here?

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In hot relocation areas, Iā€™d guess that a bunch of these purchases are from people who sold their homes and decided to rent when the market was still crazy. Since June 2022, weā€™ve had 7 tenants move out and 5 purchased a home in the area (4 out of the 5 previously owned a home prior to renting and had to move for various reasons).

Nominally, there is a huge drop, just like with number of sales, but as a percentage of transactions, still steady at around 25% nationally. In our area, Iā€™m seeing both retail and institutional buy & hold investors (us included) typically buying houses that need some work but not quite bad or cheap enough for it to attract flippers.

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I made a post about this forgetting about this one

Great website where you can search Assumable mortgages from 2%

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Yeah rates should have always been in the 5s and we wouldnā€™t be in this mess. Investors bought anything and everything at under 3% and that jacked up pricing a lot along with a few other factors.

I saw so many people wiped out in the 08 crash that I was always a conservative investor. I know many people that are so flush now with higher rents and tons of equity that leveraged way more then any normal investor ever should.

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Its already starting to flatten out now. 24 will see people pulling back on these ridiculous prices. what we really need is for the investors to get banned asap. theyā€™re the ones screwing the entire market for everyone that needs a place to live.

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I think itā€™s blackstone thatā€™s buying all the houses! I confuse them too, I think they named their fund that just to fly more under the radar bc everyone thinks of blackrock.

Cerberus owns the most. Coincidentally named after the dog that guards the underworld. Go figureā€¦

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I like higher rates, itā€™s the prices that need to fall imo. Low rates lead to all the investors jumping into the market screwing things up. If people had to put at least 20% down to buy a home the market would be much more affordable, so would the rental market for those that canā€™t yet afford said down payment. Investors should be required to put even more down, at least in the interim to stabilize the market. If weā€™re going to have regulation it should at least be done properly to help the middle class not the other way around.

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