InvestorsHub Logo
Followers 41
Posts 13533
Boards Moderated 1
Alias Born 03/07/2012

Re: BBANBOB post# 59534

Thursday, 05/30/2024 10:31:30 AM

Thursday, May 30, 2024 10:31:30 AM

Post# of 60173
....BIPOLAR DISORDER and "best interest" don't mesh, bob................just sayin'.....................

.....re: UWBI............the bottom line = the bottom line..............agreed land has only gone up.....however, through some weird dynamic, BUILDING A LUXURY, water-associated house................................COSTS 50% of the ultimate sale price.................the luxury builders know this, but those boys want SCALE, and doing single custom home builds...........is not economical.................the small guy comes in and buys the water-view lot for $750K, erects a steel frame for $250K, does the build-out for $300K, the finish for $300K and $50K in contingencies...........$1.650mm..........(the house is 12-feet+ off the ground and has a steel frame which saves over $1,000 per month in hazard insurance - - $1K per month)...................

.............as the house gets near completion, we get multiple offers for $2.995mm...................and some bid beyond that..............AMAZING.......

...I can't do enough of these........a million dollar cookie, each one.......(seven on the board)..........BTW, up yours to you, BIPOLE BOB, and that NEWT AH........................little people.......gnats........







Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.