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  #1  
Old 04-22-2009, 10:02 AM
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Quote:
Originally Posted by Medmech View Post
$5800 is a tad on the high side.
we need to talk, i'd like a summer home in the motor city.
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  #2  
Old 04-22-2009, 11:13 AM
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Quote:
Originally Posted by Mistress View Post
we need to talk, i'd like a summer home in the motor city.
Suicide is not the way out honey.

They should have a reality show where they set 10 people loose in Detroit for 3 months June-August and have a prize for the survivors if there are any.
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  #3  
Old 04-22-2009, 12:32 PM
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Join Date: Aug 2007
Location: SE Mich
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Quote:
Originally Posted by Mistress View Post
we need to talk, i'd like a summer home in the motor city.

Actually, Mistress, if you go in the right area, there are some nice ones in relatively safe areas. If you were serious, I could find them for you.

The right condo would be good also, to reduce your maintenance costs in the off season. Unless you need a bonded house-sitter, which is also possible and cheap.

Farm land is so cheap I am seriously rethinking my plan to leave. Instead, I'll buy 4 acres off a farmer friend who is having hard times and put up a mostly energy-independent repair facility and fun house for my stuff.

MY friend the PhD chemist-nudist is now making his own natural gas from the stuff he gets from farmers and selling the leftovers to the fertilizer industry. Last year he made $38,000 on a 1,240 hour investment, a little over 30/hour. He calculated the whole thing out. He did spend an additional $9,000 on equipment, but he can resell that and break even or close, on that as well.

My plan is less ambitious: I want to use passive solar, wind power and wood, and erect a separate building for wrenching and making as much biodiesel as my cars can handle.

The whole thing will cost about $ 16,000 and provide me 6,000 sq feet of space for storage repair and fun. Not including the indoor/outdoor target range.

You guys are invited, but please-- only MBs or Citroens...well, maybe Borgwards and Bimmers
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  #4  
Old 04-22-2009, 12:53 PM
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Most of these need "some" TLC...
This one is $1,650 and includes a lawn, windows, and a roof, 4400 square feet, right by the highway so quick in/out! Also appears to be an abandoned gas station behind it.
http://www.realtor.com/realestateandhomes-detail/12830-Evanston-St_Detroit_MI_48213_1108178407

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  #5  
Old 04-22-2009, 12:58 PM
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At that price, buy the house and strip it for copper and reusable building materials. Raze the house after you've recouped your expenses and pay tax on a vacant lot.

Heck, FEMA could buy these houses for Katrina victims cheaper than a trailer, although a little harder to move
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  #6  
Old 04-22-2009, 01:09 PM
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Originally Posted by cmbdiesel View Post
At that price, buy the house and strip it for copper and reusable building materials. Raze the house after you've recouped your expenses and pay tax on a vacant lot.

Heck, FEMA could buy these houses for Katrina victims cheaper than a trailer, although a little harder to move
In St. Louis old brick houses are stripped for the copper, and "brick rustling" the brick by thieves. They should just go to Detroit and do it legally, they may make more money that way. Those poor brick colonials
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  #7  
Old 04-22-2009, 01:14 PM
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Used brick is a valuable commodity, and you could hire labor to clean them for next to nothing. I smell opportunity.
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  #8  
Old 04-22-2009, 01:13 PM
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Quote:
Originally Posted by cmbdiesel View Post
At that price, buy the house and strip it for copper and reusable building materials. Raze the house after you've recouped your expenses and pay tax on a vacant lot.
That's not a bad idea...
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  #9  
Old 07-13-2009, 12:53 PM
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Location: Milford, CT
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Quote:
Originally Posted by cmbdiesel View Post
At that price, buy the house and strip it for copper and reusable building materials. Raze the house after you've recouped your expenses and pay tax on a vacant lot.

Heck, FEMA could buy these houses for Katrina victims cheaper than a trailer, although a little harder to move
I'd imagin most of them are already stripped of copper.

I would take a property in Detroit if someone paid me to take it.

I'm quite happy building cheap $300k spec homes, in my little corner of the world.
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  #10  
Old 07-13-2009, 03:09 PM
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Obama wants to save Africa, why doesn't he fix Detroit first?
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  #11  
Old 07-13-2009, 03:18 PM
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Originally Posted by Fitz View Post
Obama wants to save Africa, why doesn't he fix Detroit first?
You can also thank Mr. Bush for spending millions in AIDS relief and saving many many lives, but I guess we should have spent it on Detroit instead. Great point.

Edit: Sorry, I don't mean to be scathing but really, sweeping unbased comments are a huge pet peeve of mine.
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Last edited by tbomachines; 07-13-2009 at 03:26 PM.
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  #12  
Old 07-13-2009, 06:41 PM
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Quote:
Originally Posted by cmbdiesel View Post
At that price, buy the house and strip it for copper and reusable building materials. Raze the house after you've recouped your expenses and pay tax on a vacant lot.
That is not a bad idea. Reclaimed hardwood floors from some older homes is problably worth as much as the copper.
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