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/biz/ - Business & Finance

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57737208 No.57737208 [Reply] [Original]

>buy a city property
>It will be worth it it will appreciate!!
>location! location! location!
>lose 500k as you desperately try to sell it
kek and rekt

>> No.57737221
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57737221

>>57737208
>spend 10's of thousands rennovating
>beautiful private rooftop patio (for a crowded city)
>lose out on another 50k paid for rennovations

>> No.57737225
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57737225

>>57737208
Thanks for providing no context on this obviously cherry picked property

>> No.57737235

>>57737225
https://www.redfin.com/CA/San-Francisco/1049-Clay-St-94108/home/12402509

>> No.57737241

>>57737208
Market correcting itself

>> No.57737274

>>57737208
>pay $2 mil for a house in an area where you still need to put bars on doors and windows

Lol. Lmao even.

>> No.57737293

>>57737235
not a bad view, still overpriced for the market. the price per sqft is still almost 20% over the market price. I cant imagine how much it was over normal price per sq ft when they bought in 2019.
must be something terribly wrong with it because that view should sell it

>> No.57737312

>>57737293
nvm it's a shared rooftop view
it was overpriced then it's overpriced now

>> No.57737320

>>57737274
>>57737293
i grew up in this area, it's lower nob hill. It's probably one of the safest areas in SF. it's near the dead center of SF with walking distances in all direction, right next to multiple public transit lines. The area is mostly white / asian. There is the Fairemont hotel about 4 blocks away. The best hotel in the entire city. Whenever biden/any presidents visits , they ALWAYS stay at that hotel. and the entire block is fenced off and surrounded by cops. There's constant cop patrols in this area due to the money that lives here. There's a huge historical building, multiple hotels, high rise condos, and a massive church / private school.
> an area where you still need to put bars on doors and windows
99% of houses in sf have bars on windows. Just how it is unfortunately. Even the top of the Nob hill has bars and rails. Gotta guard your resources

>> No.57737326

>>57737312
the rooftop is private. I walked in and toured it. The bottom unit doesn't have access to the roof only the top tenant. 2 tenant building with a shared garage. the roof is a pretty ncie selling point since it's sort of like a backyard patio with a beautiful view

>> No.57737654

2 unit “condo” with his “fees”, get the fuck outta here you fuckin scammers, who the fuck is behind that, pay some curly fagget for eternity to manage your house (with required basement troll” you bought for 2 million , fuck off fuck off and fuuuuuck offf