Cool! Keep us posted. -D
> On Apr 25, 2021, at 12:53 PM, Kaleb Striplin via Mercedes > <mercedes@okiebenz.com> wrote: > > We have been reviewing apps and credit reports, have showings scheduled for > today and tomorrow. Will have it rented by Tuesday. Old renter does not move > out until end of may. > > Sent from my iPhone > >> On Apr 25, 2021, at 11:20 AM, Dan Penoff via Mercedes >> <mercedes@okiebenz.com> wrote: >> >> And I was in Lowe’s yesterday to get some drywall for some minor kitchen >> remodeling that’s going on. I needed to relocate the power from the crappy >> old range hood to a duplex receptacle for a microwave. >> >> No two gang old work boxes. >> >> No rectangular white duplex receptacles. >> >> Really? I mean, this is commodity stuff. Went to my friendly Ace hardware >> and got them there. Sure, I paid 2x what they cost at Lowes, but at least my >> money is going into a neighbor’s pocket. >> >> Kaleb, have you rented it? With all the activity I would think you’ve got >> someone in there in short order. >> >> -D >> >>> On Apr 25, 2021, at 12:00 PM, Floyd Thursby via Mercedes >>> <mercedes@okiebenz.com> wrote: >>> >>> I popped into Lowes yesterday to look for something they did not have. >>> They had all these displays of various tools sitting in the aisle by the >>> tool section. I observed that the prices on these things were probably >>> 25-50% higher than a year ago. It's kinda crazy. I guess some of it is >>> China tariffs or something but it is significantly noticeable. I didn't >>> even want to look at the lumber aisles at the prices there. >>> >>> --FT >>> >>>> On 4/25/21 11:45 AM, Kaleb Striplin via Mercedes wrote: >>>> With our rental back on the market we have been flooded with people from >>>> the west coast wanting to lease it. Even had offers to pay several hundred >>>> above what we have it listed for. I figure with covid many companies have >>>> now moved to remote and these people can still keep their jobs and move >>>> anywhere where the cost of living is much cheaper. Sooner or later it’s >>>> going to go way up here too because of this. That with all the money being >>>> printed is going to lead high prices for everything. >>>> >>>> Sent from my iPhone >>>> >>>>> On Apr 25, 2021, at 7:33 AM, Dan Penoff via Mercedes >>>>> <mercedes@okiebenz.com> wrote: >>>>> >>>>> There are those who claim that a significant amount of the home being >>>>> purchased at present are being done so by investors. I don’t think this >>>>> is the case, at least not in the markets I track. In both Tampa and >>>>> Flagstaff it’s outsiders moving into the area from parts of the country >>>>> that have higher property values (New York, California), allowing them to >>>>> purchase at a high level and in many cases with cash. >>>>> >>>>> Flagstaff would be more prone to investor owned properties as there are a >>>>> quite a few vacation rentals in the area because if it’s proximity to the >>>>> Grand Canyon and Arizona Snowbowl, but again, from what I can tell the >>>>> majority of single family homes are being purchased by out of state >>>>> individuals. >>>>> >>>>> During the financial crisis there were loads of institutional investors >>>>> in Tampa, gobbling up pretty much anything below $300k and renting it. >>>>> Those properties are still rentals, but have increased in value >>>>> significantly. The question begs when or if the investor owned properties >>>>> will ever revert back to private ownership? >>>>> >>>>> -D >>>>> >>>>>> On Apr 24, 2021, at 10:04 PM, Curt Raymond via Mercedes >>>>>> <mercedes@okiebenz.com> wrote: >>>>>> >>>>>> I can't believe this isn't a bubble, where does the money come from for >>>>>> these crazy prices? >>>>>> I also wonder if a lot of the people moving out of the cities are going >>>>>> to find they don't actually like living in the burbs. No theater, >>>>>> restaurants, museums etc. Will we see a thundering movement back into >>>>>> the cities in 5-10 years? Well, probably never thundering, slinking >>>>>> maybe. >>>>>> >>>>>> -Curt >>>>>> >>>>>> On Saturday, April 24, 2021, 9:31:54 PM EDT, Rick Knoble via Mercedes >>>>>> <mercedes@okiebenz.com> wrote: >>>>>> >>>>>> Screw that. A cool million for 2600 sf? Uh, no. >>>>>> >>>>>> It will be interesting to see if this is another 2007-2008 bubble, or if >>>>>> high inflation is here to stay. Fixed income folks are about to get >>>>>> economically crushed. At least in the late seventies you could get a >>>>>> decent return on money market accounts, because interest rates were >>>>>> through the roof. Now, not so much. >>>>>> >>>>>> We are living in interesting times. I'm not sure if that's a blessing or >>>>>> a curse. >>>>>> >>>>>> >>>>>> Rick >>>>>> >>>>>> From: mercedes@okiebenz.com >>>>>> Sent: April 24, 2021 8:10 PM >>>>>> To: mercedes@okiebenz.com >>>>>> Reply-to: mercedes@okiebenz.com >>>>>> Cc: d...@penoff.com >>>>>> Subject: Re: [MBZ] New Okie Acres >>>>>> >>>>>> Heh. If it was in Flagstaff it would be 3x more and already snapped up >>>>>> with cash by Kalifornians. >>>>>> >>>>>> I was just looking at a 4br 2-1/2 bath 2600 sf house in Flagstaff that >>>>>> listed for $850k on Monday. Multiple full price offers, it’s now under >>>>>> contract at $900k for a cash sale. Absolutely frickin’ insane. >>>>>> >>>>>> -D >>>>>> >>>>>>>> On Apr 24, 2021, at 9:03 PM, Rick Knoble via Mercedes >>>>>>>> <mercedes@okiebenz.com> wrote: >>>>>>> Or for you, too bad it's not in Arizona, by Flagstaff. >>>>>>> >>>>>>> >>>>>>> Rick >>>>>>> >>>>>>> From: mercedes@okiebenz.com >>>>>>> Sent: April 24, 2021 7:56 PM >>>>>>> To: mercedes@okiebenz.com >>>>>>> Reply-to: mercedes@okiebenz.com >>>>>>> Cc: d...@penoff.com >>>>>>> Subject: [MBZ] New Okie Acres >>>>>>> >>>>>>> Kaleb needs to move to WI and establish an Okie Acres up there. Here’s >>>>>>> a deal on an Amish farm: >>>>>>> >>>>>>> https://www.facebook.com/groups/4CORNERSREALESTATE/permalink/3816389021807759/?sale_post_id=3816389021807759 >>>>>>> >>>>>>> <https://www.facebook.com/groups/4CORNERSREALESTATE/permalink/3816389021807759/?sale_post_id=3816389021807759> >>>>>>> >>>>>>> For those without FB: >>>>>>> >>>>>>> Athens, Wisconsin Marathon Co. 100 Acre Amish Farm. 60 acres farmland >>>>>>> excellent soil. 20 acres woods 20 acres pasture with fencing and pond. >>>>>>> Small creek. 6 bedroom Amish built house attached garage/canning room >>>>>>> with concrete floor. Full basement walk in attic. House needs work . >>>>>>> Dairy Barn with cow and horse stalls. Milk room , calf pens. 2 silos. >>>>>>> Machinery shed . 3 bay open front garage/buggy shed. All buildings need >>>>>>> fair amount of work. Sits quietly back on your own private lane >>>>>>> overlooking the creek. Large organic gardens. Farm needs TLC but tons >>>>>>> of potential. Off grid Amish paradise! $389,000 >>>>>>> _______________________________________ >>>>>>> http://www.okiebenz.com >>>>>>> >>>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>>> >>>>>>> To Unsubscribe or change delivery options go to: >>>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>>> >>>>>>> _______________________________________ >>>>>>> http://www.okiebenz.com >>>>>>> >>>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>>> >>>>>>> To Unsubscribe or change delivery options go to: >>>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>>> >>>>>> >>>>>> _______________________________________ >>>>>> http://www.okiebenz.com >>>>>> >>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>> >>>>>> To Unsubscribe or change delivery options go to: >>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>> >>>>>> _______________________________________ >>>>>> http://www.okiebenz.com >>>>>> >>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>> >>>>>> To Unsubscribe or change delivery options go to: >>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>> >>>>>> >>>>>> _______________________________________ >>>>>> http://www.okiebenz.com >>>>>> >>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>> >>>>>> To Unsubscribe or change delivery options go to: >>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>> >>>>> >>>>> _______________________________________ >>>>> http://www.okiebenz.com >>>>> >>>>> To search list archives http://www.okiebenz.com/archive/ >>>>> >>>>> To Unsubscribe or change delivery options go to: >>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>> >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>> -- >>> --FT >>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
