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Rent or Cash Out?

Discussion in 'Money & Finance Forum' started by sadic1, Sep 30, 2005.

  1. Coach Micool

    Coach Micool Let's Go Brandon!

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    I have done a lot of things since high school and worked full time as a tax mapper and surveyor while in college. That lead to being a real estate appraisal manager for a county tax office and then tax administrator for a county.

    Since the gumment is a fukd up place to work, actually if you have any brains, and you have to deal with politicians to jeep your appointed job- and most of them are black hole stoopid and phonies,

    I left gumment a few years ago...

    and now work for an international firm appraising commercial real estate. So, yeah, I know a little about it. Also, being a tax administrator and sitting on legislature commities for the state of NC, I might know a little bit about gumment. Also taxation, budgets for gumments, expenditure, requirements, no-bid and bid contracts (since I had to write them also), etc.

    I also didn't like having to foreclose on somebody's farm cause they could no longer afford to pay the taxes because of the industry's problems, and then sign a damn check (written with te essential proceeds) for free money to somebody or have to approve a social program budget for somebody that didn't derserve it and milked the fukdup 'system'.

    Need to know anything about appraising the BOA stadium, the RBC center or an embassy overseas?

    It's really tough to appraise real estate in a country like England. It's all leases, sandwich leases and subleases (leasehold appraisals) because ulimately a duke or king(queen) owns all the property.
     
  2. meatpile

    meatpile 7-9

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    So do most investments.

    Just sayin'.
     
  3. chipshot

    chipshot Full Access Member

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    true, but realestate just seems more "real" for us idiots
     
  4. Coach Micool

    Coach Micool Let's Go Brandon!

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    But land is FINITE. You do the math. And I've never seen land (other than say, a toxic spill on property or something- or a hurricane completely take land away), depreciate in value. 'Investments' other than real estate are moslty uninsurable and also can go south badly (risk, duh!)
     
  5. mathmajors

    mathmajors Roll Wave

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    Tell the hot chick you'll let her rent it for $400 if she'll give you a blow job once a week.
     
  6. Boo

    Boo Cornholio

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    You need to read up on the real estate ‘bubble.’
     
  7. Coach Micool

    Coach Micool Let's Go Brandon!

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    I've never heard a Bubble?



    hehe, still, way less risk. And usually short term, also.
     
  8. sadic1

    sadic1 Full Access Member

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    I could be banging her and still getting full price. Unfortunately, strange pussy is a really bad investment.
     
  9. Coach Micool

    Coach Micool Let's Go Brandon!

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    He didn't mention pussy.

    But yeah, a really really bad investment especially if you are married.
     
  10. sadic1

    sadic1 Full Access Member

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    What, eatin' ain't cheatin'? Bill?
     

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