Omaha's housing market

[DuckSker]

Renting doesn’t burn anymore money than taxes and a 30 year mortgage. People just don’t get it

You can’t sell your rental and come out on top

 

[Jim14510]

You can’t sell your rental and come out on top

Not unless you live in a place like LA where the home prices appreciate fast. Dumpy house in a good neighborhood that you fix up real nice. Otherwise keep a rental in Nebraska for 30 years. Probably lose hundreds if you were such a slumlord you didn't fix anything and now it's got roaches and rodents and carpenter ants and termites. So you're selling them the lot and they have to pay to tear the house down.

Probably worse there in Colorado.

 

[BIG TONE SOPRANO]

Tony— do you rent/lease or own your jacked up Dodge Dually 3500?

It’s an F6500 bro it’s a lease

 

[Faux Sean Callahan]

Rates just jumped to 5.875% for the 30 year today with good credit. Enjoy

700 credit



740+




On a positive note, it is still on the lower end historically speaking

 

[Faux Sean Callahan]

Found this house if anybody is looking at moving to Akron....

1568 Druid Dr, Akron, OH 44321 | Zillow

1568 Druid Dr, Akron OH, is a Single Family home that contains 1888 sq ft and was built in 1972.It contains 4 bedrooms and 4 bathrooms.This home last sold for $188,000 in February 2022. The Rent Zestimate for this Single Family is $2,882/mo, which has increased by $2,882/mo in the last 30 days.

www.zillow.com

Partially demoed










BUT where else do you get an indoor inground pool for 219k?!?!

 

[...TrueColors...]

700 credit

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740+
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On a positive note, it is still on the lower end historically speaking

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Trouble trouble

 

[Kaladin]

Found this house if anybody is looking at moving to Akron....

1568 Druid Dr, Akron, OH 44321 | Zillow

1568 Druid Dr, Akron OH, is a Single Family home that contains 1888 sq ft and was built in 1972.It contains 4 bedrooms and 4 bathrooms.This home last sold for $188,000 in February 2022. The Rent Zestimate for this Single Family is $2,882/mo, which has increased by $2,882/mo in the last 30 days.

www.zillow.com

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Partially demoed

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BUT where else do you get an indoor inground pool for 219k?!?!

View attachment 9147

 

[Toe]

Looking at three houses later today. Not in my preferred area, but in an area I can sort of afford, lol.

 

[Toe]

Found this house if anybody is looking at moving to Akron....

1568 Druid Dr, Akron, OH 44321 | Zillow

1568 Druid Dr, Akron OH, is a Single Family home that contains 1888 sq ft and was built in 1972.It contains 4 bedrooms and 4 bathrooms.This home last sold for $188,000 in February 2022. The Rent Zestimate for this Single Family is $2,882/mo, which has increased by $2,882/mo in the last 30 days.

www.zillow.com

View attachment 9143

Partially demoed

View attachment 9144

View attachment 9145


View attachment 9146



BUT where else do you get an indoor inground pool for 219k?!?!

View attachment 9147

Also in Ohio, you ever seen Mike Tyson's old mansion? https://architecturalafterlife.com/2015/03/the-restoration-of-mike-tysons-abandoned-mansion/

 

[HuskerDocCo]

Looking at three houses later today. Not in my preferred area, but in an area I can sort of afford, lol.

as long as there is enough room to haul your massive schlong around that’s what makes a home ❤️

 

[Toe]

@HuskerDocCo Yeah, it's funny. I'm renting a house right now that in theory should be overkill for my space needs. But yet in practice, I'm constantly finding myself moving furniture around to set up something I need space for, and then tearing it back down and moving the furniture back when I'm done. What can I say, I've got some hobbies where having some extra space is really useful, lol. 🤷‍♂️

 

[HuskerDocCo]

@HuskerDocCo Yeah, it's funny. I'm renting a house right now that in theory should be overkill for my space needs. But yet in practice, I'm constantly finding myself moving furniture around to set up something I need space for, and then tearing it back down and moving the furniture back when I'm done. What can I say, I've got some hobbies where having some extra space is really useful, lol. 🤷‍♂️

sounds like your weeks are full of fun and joy!! just keep hauling your massive wang around and someday deposit some sperm into Doreen and have a kid thanks

 

[HCFord1]

House next door just listed for $800k. 3,300 sq ft 3 bedroom. They're trying to act like it's special because Warren Buffett rented it for two years in the 1950s when he started his investment company.

Anyway, hopefully it sells for that because it'd be great news for our property value.

 

[Huskerbuck85]

I honestly don’t know why anyone is using a realtor to sell at this point. They are a waste of money. Most houses where I am at get over asking price now.

I sold a house 4 years ago with no realtors involved. I sold it for $30k more than I paid for it just 2.5 years after I purchased it. Not a high value house so the profit was solid. That was in Bellevue. Nebraska title has a packet that makes for sale by owner very simple.

 

[Toe]

Think I'm gonna put in an offer on one of the houses I looked at today. As an added bonus, it appears that the current owners are Husker fans, lol. (I live a looong way from Nebraska.) They had a couple little Husker-branded things sitting around like coasters and stuff.

I've already missed on one house I tried to buy. Offered $36k over asking price on that one, apparently that wasn't good enough.

 

[...TrueColors...]

I honestly don’t know why anyone is using a realtor to sell at this point. They are a waste of money. Most houses where I am at get over asking price now.

With basically no real work from anyone involved. Set up a sign and it’s gone.

 

[Cash68847]

With basically no real work from anyone involved. Set up a sign and it’s gone.

I never used a realtor around 6 years ago in a market that was steady which was nothing close to what we are seeing now and I sold my place easy. I only paid a title company which came to around 1200 bucks. It sure beat paying the commission on 280,000.

 

[BIG TONE SOPRANO]

House next door just listed for $800k. 3,300 sq ft 3 bedroom. They're trying to act like it's special because Warren Buffett rented it for two years in the 1950s when he started his investment company.

Anyway, hopefully it sells for that because it'd be great news for our property value.

But bad news for your tax assessment

 

[Cash68847]

But bad news for your tax assessment

Yea if you don’t plan on moving fuck the property value. Nebraska property taxes are a payment in itself.

 

[Faux Sean Callahan]