Real estate for sale in Elizabeth City New Jersey – MLS# 3231197



Toledo Blade

Bell touts real estate record
Toledo Blade
Mr. Bell said buying land not only ties up city money in unused real estate, but eliminates the tax revenue the city was getting from real estate when it was privately owned. He said the city was getting property tax revenue from Southwyck, but that ...

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**Press Release** Philadelphia Real Estate company is the first in the World to accept Litecoins and Bitcoins for all properties!

Mon, 02 Dec 2013 18:01:49 -0800

Press Release Philadelphia Real Estate company is the first in the World to accept Bitcoins and Litecoins for all properties! (Coming Soon)

We currently have 60+ for sale in Philadelphia, and every property is available for purchase by anyone in the world!!

Best part is, full or partial payments can be made in either Bitcoins or Litecoins.

We are working to allowing dynamic pricing and immediate purchase, but as of now, due to market volatility and the need for technological upgrades, please inquire about the current Bitcoin and Litecoin prices.

Please pass this on if you know people looking for things to buy with their newly found Bitcoin fortunes! Philadelphia is a great market for Real Estate investments! (Forwards to until I get my LTC prices oniline.)

submitted by GoodBetTrading to litecoin
[link] [42 comments]



Realty Today

Peak making moves in San Fernando Valley real estate market
LA Daily News
It pretty much wants to take over the San Fernando Valley with respect to both the residential and commercial real estate markets, and the cornerstone of that effort is a re-branding with Century 21, the global real estate giant, and the acquisition of ...
Peak Corporate Network Expands in San Fernando Valley Real Estate Through ...Realty Today

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A cautionary story on real estate investment and FI.

Sat, 19 Sep 2015 00:06:37 -0700

There’s a huge amount of enthusiasm for real estate investment in this subreddit, and for totally understandable reasons. For the most part we want FU money as quickly as possible, and, with current equity valuations and bond yields, the returns one could get on leveraged rental properties are incredibly attractive. I’m very guilty of spending a lot time reading about RE investing and running numbers. I live in a city in a growing metropolitan area with a very robust economy, with no evidence of a property bubble, and I’m now at a point where I could afford the down-payment on a sizable apartment building or complex.

So, as a sort of counterpoint to the story from the guy in Kentucky with a couple dozen rental apartments, I wanted to share a brief story that explains why I will never invest in real estate.

TLDR so you can skip a story with too many numbers - As we all know, undiversified assets have real risks.

When my Grandfather was born in Detroit in the 1910s, the population of Detroit was ~500,000, and the region ~750,000. The Great Depression when he was in his teens left him with an unfortunate weariness of stocks, but the growth of Detroit was pretty remarkable. By 1930 ~1.6 million people lived in Detroit, with 2,382,195 in the region (up 62% in just a decade). This growth continued through the 1930s, and was still in full force when he returned to Detroit after 6+ years in the army in 1946. He and my grandmother became real estate brokers, and they invested everything in Detroit real estate. For a while this looked like a great idea. By 1950 Detroit population was ~1.85 million, with 3,344,793 in the region. In the 1950s and 60s the population of the city proper declined slowly, but the region as a whole continued a healthy expansion with 4,736,008 in the region by 1970.

He retired in his late 60s in the 1970s, and figured that he was in pretty good shape. Of course things didn’t turn that well. The bottom really fell out on Detroit in the 70s (-20% population), and things managed to only get worse in subsequent decades. -15% population in the 80s, -10% in the 90s, then things have really accelerated downwards in the last 15 years, but well before then 100% of my grandparents’ investments in Detroit were worthless. They were entirely dependent on my Dad and his siblings for the last 15 years of their life. When he died in Detroit 5-6 years ago in his late 90s, the population there was about equal to what it was when he was born.

Now obviously this isn’t the entire story, for starters he had a massive MI in his 60s, and I doubt he was planning on living ~30 years in retirement (although we are…), but there are several points from this to consider above and beyond the risks of tying your fate to the fortune of one city or region.

  1. It’s very difficult to differentiate a cyclical decline from an absolute decline before it’s too late. This mainly applies to investor’s enthusiasm for “buying the dip” on failing companies, falling for value traps etc..., but consider that my gut reaction when telling this story is to think there’s no way that I would have held onto Detroit property through the 70s and 80s. In reality, I probably would have seen a local decline in values as a buying opportunity. After all, with 6 decades of experience with a dynamic, diverse and resilient city means more than a couple years of decline in manufacturing.

  2. The longer time scales make it harder to appreciate, but cities and regions, just like companies, have life cycles. I don’t really know how best to apply this idea. I’m not suggesting that London or Manhattan real estate might some day be worthless, but maybe Detroit could be a cautionary tale for the bulls in Silicon Valley?

  3. The retirements we’re hoping for will last a long time, a lot can change in that time, and any miscalculations on our part could have serious implications for children. My grandparents had a military pension as well as SS/Medicare, and the cost of 24 hour care for the last couple years for their life was huge. It didn’t bother my Dad, but I know for a fact that his older brother is still working as a lawyer today approaching the age of 70 because he hadn’t planned for those 15 years of growing extra costs.

As a final note, I’m really not trying to talk anyone out of real estate or suggesting that it’s not a perfectly valid path to retirement. There are dozens of arguments in favor of real estate that I ignored. I just want to stir the pot, start a discussion, and share a story.

submitted by AldolBorodin to financialindependence
[link] [163 comments]


104 Newark Ave, Bradley Beach, NJ 07720-New Jersey Real Estate

Peak making moves in San Fernando Valley real estate market
LA Daily News
It pretty much wants to take over the San Fernando Valley with respect to both the residential and commercial real estate markets, and the cornerstone of that effort is a re-branding with Century 21, the global real estate giant, and the acquisition of ...

First time home buyer here. Why are my mortgage broker and real estate agent discouraging me from making offers on bank owned properties?

Sun, 01 Jun 2014 07:06:10 -0700

Hi Guys,

First time home buyer here so I might have some questions that seem pretty obvious. So I am looking at buying a condo. I'm 25. I currently live with my parents rent free. I am seeing alot of great bank owned properties on the market and I would love to make an offer. Downside is, I don't have the full amounts in cash most of the properties are asking for. So I will be putting a 20% down.

My mortgage broker and real estate agent strongly discourage me from going after bank owned properties. They say it takes too long to hear from the bank. This annoys me because, I currently live at home so its not like I URGENTLY need to find a place. I have the time to wait it out.

Are they just being lazy because its the same amount of paper work for less commission? Does anyone have experience buying bank owned properties without the full amount in cash? How long did it take to hear back?

Thank you for guiding a newbie!

edit: Thanks for the advice guys. I just wanted to add that I'm thinking of buying a condo, and not a house. NOt sure if this makes a difference in anything. I also live in NJ.

edit 2: Wow! I just checked back on the comments and never expected to get this much. Thank you so much for taking time out to respond to me. I'm sorry If i don't get a chance to directly thank you. Please know your advice is greatly appreciated.

submitted by anonchick123 to personalfinance
[link] [200 comments]