RE: What do you do for a living (just curious)

Hummer Forums Hummer Classifieds Photo Gallery Member List Calendars Search Forum FAQ Contact HF Sponsors
Hummer Lineup Hummer News Hummer Recalls TSBs Timeslips Register Login

RE: What do you do for a living (just curious)

Printable Version

Hummer >> Hummer Forums - General >> General Hummer Talk >> RE: What do you do for a living (just curious)

Page: << < prev 13 14 [15] 16 17 next > >>

Message

<< Older Topic Newer Topic >>

RE: What do you do for a living (just curious) - 2/10/2008 8:34:39 AM

3hummers

Posts: 11750
Joined: 9/23/2007
Status: offline

Lot of short sales and foreclosures out there, at least in the markets we are in. ( CA, Nevada, AZ, CO ) Homebuilders losing billions, tight lending, low sales, etc is even having an impact on the rental markets. The shadow market of unsold homes, homeowners renting instead of taking the losses, etc is becoming significant enough to show up in appraisals on our apartment deals. We are building a project in Anthem, AZ and renting 2bed 2bath apartments for $1200.00/month. You can rent a 3 bed 2 ba 2 car garage house with a yard for the same money. Not many West coast markets you can cover the carrying cost on a house, even bought cheaply, at this point. $3000.00/month rent covers taxes, insurance and payments on about a $400,000.00 note. Even with a significant down payment you aren't buying a house around here for that. Numbers are different but proportional in the other West coast markets we are in. Just wondering about Hammer's area because we aren't active there.

_____________________________

2006 H1 Alpha wagon
2000 H1 Slantback
1997 H1 wagon
2008 H3 Alpha

(in reply to GorillaH2)

Post #: 211

RE: What do you do for a living (just curious) - 2/10/2008 5:20:30 PM

IHNEVELS

Posts: 320
Joined: 9/19/2007
From: Baton Rouge La
Status: offline

I failed to mention in my previous post that I own a martial arts school and a small engine repair shop. Hope one of these or both take off so i can quit working for the man and be the man.

_____________________________

07'''''''''''''''''''''''''''''''' H3 slate blue adventure package w/chrome brush/side bars & a few chrome details

(in reply to 3hummers)

Post #: 212

RE: What do you do for a living (just curious) - 2/10/2008 5:54:08 PM

vilim12

Posts: 428
Joined: 10/27/2007
Status: offline

i sell crack.....

_____________________________

2007 Hummer H2-Black
2007 Hummer H2-Slate Blue

(in reply to IHNEVELS)

Post #: 213

RE: What do you do for a living (just curious) - 2/10/2008 7:19:37 PM

thehammerh3

Posts: 327
Joined: 12/16/2007
Status: offline

quote:

ORIGINAL: 3hummers

hammer, is the market slowing you down or worrying you at all?

3hummers, the only thing I gotta worry about is whats for breakfest lol, no I am buying alot of properties and mostly holding them or selling them to other investors/buyers. Your right there are tons of short sales and preforeclosures and thats pretty much where I am buying especially in the downtown area of chicago, I dont get the full profits I use to when selling but I buy cheap enough where I can still move it and make money. I also am using alot of lease options/Rent to own's for my high end properties and still selling at full value or higher. So yes the market is slow, am I making the same money?? No, more because its even cheaper but it is taking time to sell. But for the average person the RE market is in bad shape and they are losing. I know alot of deals that were killed at the closing table because the banks are pulling programs so it sucks.

_____________________________

2007 Hummer h2
2006 Hummer h3 Girlfriends birthday Present

(in reply to 3hummers)

Post #: 214

RE: What do you do for a living (just curious) - 2/10/2008 8:50:17 PM

3hummers

Posts: 11750
Joined: 9/23/2007
Status: offline

So Vilim... you are a pimp?

_____________________________

2006 H1 Alpha wagon
2000 H1 Slantback
1997 H1 wagon
2008 H3 Alpha

(in reply to thehammerh3)

Post #: 215

RE: What do you do for a living (just curious) - 2/10/2008 8:52:54 PM

3hummers

Posts: 11750
Joined: 9/23/2007
Status: offline

Thanks Hammer, just curious. We just closed construction loans on two of our AZ apartment deals and we had to overcome appraisal woes on both. Got it done but harder than it has been in years.

_____________________________

2006 H1 Alpha wagon
2000 H1 Slantback
1997 H1 wagon
2008 H3 Alpha

(in reply to 3hummers)

Post #: 216

RE: What do you do for a living (just curious) - 2/10/2008 8:54:03 PM

vilim12

Posts: 428
Joined: 10/27/2007
Status: offline

quote:

ORIGINAL: 3hummers

So Vilim... you are a pimp?

only on weekends errr i mean the internet

_____________________________

2007 Hummer H2-Black
2007 Hummer H2-Slate Blue

(in reply to 3hummers)

Post #: 217

RE: What do you do for a living (just curious) - 2/10/2008 9:32:47 PM

3hummers

Posts: 11750
Joined: 9/23/2007
Status: offline

_____________________________

2006 H1 Alpha wagon
2000 H1 Slantback
1997 H1 wagon
2008 H3 Alpha

(in reply to vilim12)

Post #: 218

RE: What do you do for a living (just curious) - 2/11/2008 5:16:53 AM

IHNEVELS

Posts: 320
Joined: 9/19/2007
From: Baton Rouge La
Status: offline

WHO'S

_____________________________

07'''''''''''''''''''''''''''''''' H3 slate blue adventure package w/chrome brush/side bars & a few chrome details

(in reply to vilim12)

Post #: 219

RE: What do you do for a living (just curious) - 2/11/2008 1:18:30 PM

vilim12

Posts: 428
Joined: 10/27/2007
Status: offline

quote:

ORIGINAL: IHNEVELS

WHO'S

...

_____________________________

2007 Hummer H2-Black
2007 Hummer H2-Slate Blue

(in reply to IHNEVELS)

Post #: 220

RE: What do you do for a living (just curious) - 2/11/2008 2:55:23 PM

thehammerh3

Posts: 327
Joined: 12/16/2007
Status: offline

Ok let me track his ip number

18.2515.153
15.2353.626
96.3535.253

drug dealer located, time to pull a stick-up

_____________________________

2007 Hummer h2
2006 Hummer h3 Girlfriends birthday Present

(in reply to vilim12)

Post #: 221

RE: What do you do for a living (just curious) - 2/11/2008 3:24:13 PM

tarheel_34

Posts: 117
Joined: 1/23/2007
Status: offline

I'm a mining engineer....

_____________________________

2007 Black H2 Lux

(in reply to thehammerh3)

Post #: 222

RE: What do you do for a living (just curious) - 2/11/2008 4:56:42 PM

popocamaro1

Posts: 113
Joined: 7/28/2007
From: Baghdad(Augusta,Ga)
Status: offline

I was a police officer for ten years & a weekend warrior army national guardsmen (current). Currently I work for the State Dept Training Iraqi SWAT,Local & National Police as well as Iraqi Military Personnel. I also assist key personnel with establishing the logistics etc to run a well oiled law enforcement machine. I would love a good paying job back home but it has been difficult to find with my experience/training they pay is just not reasonable.

_____________________________