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Old 03-07-2016, 04:32 PM   #1
mce
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Need a house? Got $14,000?

The upside? It's real.



You can buy a house in Flint for $14,000 - Mar. 4, 2016

The downside? You have to spend a TON of cash on bottled water
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Old 03-07-2016, 04:37 PM   #2
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Probably a good investment if you don't live there, though.
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Old 03-07-2016, 04:38 PM   #3
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I think even if they were free I would not risk it.
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Old 03-07-2016, 04:42 PM   #4
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Just buy a 1000+ gal water tank and have drinkable water delivered and fill up said water tank

Then rent it to the gov to house a refugee family at an over priced monthly rent
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Old 03-07-2016, 05:24 PM   #5
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I bought a condo that was one of the models for $48k here in town about five years ago.... I rented it out to a friend for about four years, then sold it. Easy money.
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Old 03-07-2016, 05:29 PM   #6
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Just buy a 1000+ gal water tank and have drinkable water delivered and fill up said water tank

Then rent it to the gov to house a refugee family at an over priced monthly rent
This.

Renting to the government is always a good idea. Charge over top wack, & No problem getting paid.
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Old 03-07-2016, 05:47 PM   #7
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no way!! if robo cop was my roomate sure!
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Old 03-07-2016, 05:51 PM   #8
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At those prices buy the whole town, wait for shit to get better and then rename the town Dindu
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Old 03-07-2016, 06:05 PM   #9
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Something for 200 USD??
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Old 03-07-2016, 06:33 PM   #10
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It looks too cold there in Michigan
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Old 03-07-2016, 06:57 PM   #11
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I can imagine that in the US, the renter would find a way of suing the landlord for owning a house in an area with tainted water... No chance.
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Old 03-07-2016, 07:04 PM   #12
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I can imagine that in the US, the renter would find a way of suing the landlord for owning a house in an area with tainted water... No chance.
what?? the city processes the water
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Old 03-07-2016, 08:05 PM   #13
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African or European hood?
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Old 03-07-2016, 08:08 PM   #14
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never buy a home where bars are needed on doors/windows.
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Old 03-07-2016, 08:09 PM   #15
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Just buy a 1000+ gal water tank and have drinkable water delivered and fill up said water tank

Then rent it to the gov to house a refugee family at an over priced monthly rent
or just drill a well...
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Old 03-07-2016, 08:31 PM   #16
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Sold my house in Flint back in 2014 for $105,000.00. Thought it was a bargain.

Now, I think it was a profit. LOL!
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Old 03-07-2016, 10:03 PM   #17
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What's happening in Flint is terrible. Imagine all the families there. They have been drinking poisoned water for more than a year. Even worse, parents have been giving it to their kids. Imagine knowing that your kids are poisoned. Your pets are now probably already sick too and will die sooner than usual. Maybe of cancer or tumours.

Their gardens and lawns are poisoned too.

Now think about all of the restaurants and coffee shops in Flint that all cook food and clean dishes with lead-filled water. Are their farms in or near Flint? Does flint export any food?

Sure houses are now dirt-cheap but how long will it take for Flint to recover? Can they ever?

Absolutely everyone that is paying mortgage on a house there will lose their homes. The value of their homes have dropped to pennies. I doubt anyone there will have a job for much longer so the banks have to be pretty nervous too.

What a fucking disaster...

update: Damn, worse than I thought.

Flint Real Estate - Flint, MI Homes for Sale - realtor.com®

House for sale for only $3000.

And actually a pretty nice looking house for $8000 with a 2 car garage. Incredible.

I wonder how long before Donald Drumph buys up the entire city and sells it for 100x profit, and pays a kickback to the governor of MI?
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Old 03-07-2016, 10:19 PM   #18
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flint michigan is #4 most dangerous cities to live. 827 violent crimes per 100,000 residents.
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Old 03-07-2016, 10:20 PM   #19
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Arrest Governor Snyder
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Old 03-08-2016, 12:40 AM   #20
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African or European hood?
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Old 03-08-2016, 01:04 AM   #21
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This.

Renting to the government is always a good idea. Charge over top wack, & No problem getting paid.
Yep did it in the UK, back in 1990 got a repo flat for 19k, mortgage was 70quid a month, rented to council for 400 a month. Sold 10 years later for 65k.
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Old 03-08-2016, 01:49 AM   #22
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I bought a condo that was one of the models for $48k here in town about five years ago.... I rented it out to a friend for about four years, then sold it. Easy money.
Bought apartments in Moscow (not a house) for about $200,000 in cash 10 years ago. I'm not kidding, it was a real case with money like in those Hollywood movies about mafia Actually it's very common thing here to buy something (cars, houses, apartments etc) for cash.



P.S. We have a central water supply with a drinking water, but my wife doesn't like its taste (personally I don't feel any taste at all ), so we always drink a bottled water only. So I don't see any problems with spending money for it.
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Old 03-08-2016, 02:08 AM   #23
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Flint: The butthole of Michigan.
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Old 03-08-2016, 02:10 PM   #24
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I bought a condo that was one of the models for $48k here in town about five years ago.... I rented it out to a friend for about four years, then sold it. Easy money.
Good to hear some good stories in the midst of otherwise disconcerting trends....
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Old 03-08-2016, 02:14 PM   #25
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P.S. We have a central water supply with a drinking water, but my wife doesn't like its taste (personally I don't feel any taste at all ), so we always drink a bottled water only.
Bottled water is a scam. Those who do not like the taste of (good and quality) tap water can also filter or simply boil (you make water for tea, coffee, leftover goes into drinking jar etc) their drinking water.
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Old 03-08-2016, 02:33 PM   #26
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Bottled water is a scam.
I do agree but my wife is not. However there is a physical proof that she's right. There is a calcium scum when you boil an unfiltered tap water in a kettle and there is no when you boil a bottled water.
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Old 03-08-2016, 02:33 PM   #27
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You can buy houses 3 miles outside of downtown Detroit for $10k but good luck collecting rent.
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Old 03-08-2016, 02:55 PM   #28
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I like bottled water.
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Old 03-08-2016, 02:59 PM   #29
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what?? the city processes the water
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Old 03-08-2016, 03:02 PM   #30
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P.S. We have a central water supply with a drinking water, but my wife doesn't like its taste (personally I don't feel any taste at all ), so we always drink a bottled water only. So I don't see any problems with spending money for it.
Yeah, because you can't keep your money in the bank like people in first world nations do

You're wife's a smart woman.



Remember this
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Old 03-08-2016, 03:38 PM   #31
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So they actually sell these houses for that and you could move in at that price? Or do you get stuck with a huge back property tax bill that the previous owner never paid?
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Old 03-08-2016, 03:48 PM   #32
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Bought apartments in Moscow (not a house) for about $200,000 in cash 10 years ago. I'm not kidding, it was a real case with money like in those Hollywood movies about mafia Actually it's very common thing here to buy something (cars, houses, apartments etc) for cash.



P.S. We have a central water supply with a drinking water, but my wife doesn't like its taste (personally I don't feel any taste at all ), so we always drink a bottled water only. So I don't see any problems with spending money for it.

$200,000 Boris? You have too many zeroes
Lets see the front of your apartment complex. Your complex, not stock photos off google images
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Old 03-08-2016, 03:50 PM   #33
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I like bottled water.
You should be OK than cause Boris said he has no problems with bottled water. Sorry, his wife Svetlana doesn't have any problems. Had it not been for Svetlana you'd be "stupid shit american, no good water and no rugs. We drink out of bidet free and safe. TIP: buy house in Russia. Cash talk. I know. My Lada runs of water to"

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Old 03-08-2016, 04:48 PM   #34
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Its not luxury as i imagine my house but for these money somo1 would live there beside of all
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Old 03-08-2016, 05:14 PM   #35
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At those prices buy the whole town, wait for shit to get better and then rename the town Dindu
not a good plan. The residents of Dindu will leave the houses in peace while they shoot eachother, but it's just a matter of time until a cop who is not originally from Dindu shoots a Dindu. Then they'll destroy all of their own houses and shops and you're back to square 1.
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Old 03-09-2016, 12:45 AM   #36
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shit you could buy a whole city block with that kinda bling in Detroit and have money left over for beer & hookers.
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Old 03-09-2016, 02:45 AM   #37
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Just buy a 1000+ gal water tank and have drinkable water delivered and fill up said water tank

Then rent it to the gov to house a refugee family at an over priced monthly rent
Agreed.

Flint Michigan is a result of smaller bought government.
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Old 03-09-2016, 02:51 AM   #38
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Yeah, because you can't keep your money in the bank like people in first world nations do
FYI: all that cash was taken from the bank ;) I do not keep more than $100 at home

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Remember this
The last time I was to Sochi in 2000 and I don't plan to visit that shit pile again, so I don't care. I'll better spend my holidays on Caribbeans
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Old 03-09-2016, 03:08 AM   #39
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It looks too cold there in Michigan
Tap water in Michigan:





People of Flint, Michigan share pictures of the water they were told is safe | Daily Mail Online
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Old 03-09-2016, 05:36 AM   #40
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Snow will make me thing twicw before buying that house
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Old 03-09-2016, 07:28 AM   #41
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Snow will make me thing twicw before buying that house
What's wrong with snow? Course if it's not July
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Old 03-09-2016, 07:48 AM   #42
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Yes, of course. Because he's a republican right? If he were a democrat his name would not even have come up.

I'm not defending the guy in any way. I don't know much about him. But I do know that by putting all the blame at his feet you are giving the mayor of Flint (a democrat) and the city council of flint (all, or almost all, democrats) a free pass. This mess was planned and implemented by the city government of Flint, not the governor of Michigan.

Why do democrats always get a free pass with you people? Republicans are not blameless in this world but why do they have to shoulder all of the blame for the problems that democrats cause?


.
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Old 03-09-2016, 09:58 AM   #43
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Just move in and stop working then you can qualify for free bottled water. True story. Unfortunately I only have $13,995 so am priced out of this dream home.
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Old 03-09-2016, 10:00 AM   #44
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and people wonder why there is an upswelling of support for people like trump and sanders.
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Old 03-09-2016, 12:36 PM   #45
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That price is too high for MI.
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Old 03-09-2016, 12:40 PM   #46
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That price is too high for MI.
Does not make sense. Michigan is big and there are places where 200K may be too low.
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Old 03-09-2016, 01:08 PM   #47
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Russian ice cube machine.





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Old 03-09-2016, 02:50 PM   #48
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Sold my house in Flint back in 2014 for $105,000.00. Thought it was a bargain.

Now, I think it was a profit. LOL!
:
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Old 03-14-2016, 10:25 AM   #49
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Cheap Houses

I had 2 different clients that bought foreclosures and back tax houses for around that price in nice neighborhoods.
One client made money, but he put too much into fixing them up, so he quit. He really didn't need to refinish the wood floors twice.
The other lived in one house for 3 years, sold it and moved to his other. After he gutted it, started spending his days drinking and "smoking." A year later he still doesn't have a working shower. Now he's back to dealing, I won't even answer his phone calls. Last thing I need it to be in his house when the police roll up. He even fucked up a $3.5 million lawsuit that was a slam dunk.
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