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Re: My best investment I didn't know I would make [Re: ntxtrapper] #8136131 01/20/21 05:23 AM
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Tax assessors are probably all giddy by this market as well


If at first you dont succeed, then skydiving is not for you..

"Don't trust everything you read on the Internet"- Abraham Lincoln

Dennis

Re: My best investment I didn't know I would make [Re: ntxtrapper] #8136133 01/20/21 05:24 AM
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We bought our first home for 175k then sold it four years later for 225k. The price of the house went up soon after they built an HEB less then a mile away.......but we rolled it straight into the next house so.....

Last edited by S.A. hunter; 01/20/21 05:25 AM.
Re: My best investment I didn't know I would make [Re: Western] #8136173 01/20/21 08:02 AM
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Originally Posted by Western
Tax assessors are probably all giddy by this market as well


Those are just people that couldn’t pass the appraisers test. They tried to up my tax appraisal by $45,000 for the addition of my shop, yet the lending appraiser only gave me a $15,000 valuation for it.

Re: My best investment I didn't know I would make [Re: ntxtrapper] #8136240 01/20/21 12:57 PM
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Not my investment but my parents. In 1963 they bought this place. Paid $86 per acre. Today there is a place that joins this that is on the market for $10,000 per acre.

Re: My best investment I didn't know I would make [Re: Western] #8136299 01/20/21 01:50 PM
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Originally Posted by Western
Tax assessors are probably all giddy by this market as well

This.

Re: My best investment I didn't know I would make [Re: don k] #8136397 01/20/21 02:47 PM
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Originally Posted by don k
Not my investment but my parents. In 1963 they bought this place. Paid $86 per acre. Today there is a place that joins this that is on the market for $10,000 per acre.

They should hold out for more.


It's hell eatin em live
Re: My best investment I didn't know I would make [Re: BigPig] #8136406 01/20/21 02:57 PM
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Originally Posted by BigPig
Originally Posted by Western
Tax assessors are probably all giddy by this market as well


Those are just people that couldn’t pass the appraisers test. They tried to up my tax appraisal by $45,000 for the addition of my shop, yet the lending appraiser only gave me a $15,000 valuation for it.



Tax Assessors are typically elected officials that have no input into the operations of the appraisal district. I think you are referring to appraisers that work for an appraisal district. The head of the appraisal district is usually titled "Chief Appraiser".

Re: My best investment I didn't know I would make [Re: Mako My Day] #8136420 01/20/21 03:09 PM
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Originally Posted by Mako My Day
We sold our house in Tiki Island back in July, full price cash offer, no contingencies. The buyers decided after moving in that it was too small, they relisted it and it sold again 3 weeks later for $25K more than they paid. The market is crazy right now. We are buying a waterfront home in North Carolina on 3 acres for far less than what we sold for. Taxes and insurance are way less even with a state income tax, want to cut expenses before retirement. Our taxes and insurance in Tiki were 20k a year


This. I read an article that Texas ranks #9 in the US for the number of retirees that leave the state. Say what you want about Alabama, but when I retire, I will pay zero state income tax and my property taxes will be frozen at around $700 a year.


coffee spelled backwards is eeffoc. I don't give eeffoc until I have my morning coffee.
Re: My best investment I didn't know I would make [Re: Dry Fire] #8136457 01/20/21 03:33 PM
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Originally Posted by Dry Fire
Originally Posted by Mako My Day
We sold our house in Tiki Island back in July, full price cash offer, no contingencies. The buyers decided after moving in that it was too small, they relisted it and it sold again 3 weeks later for $25K more than they paid. The market is crazy right now. We are buying a waterfront home in North Carolina on 3 acres for far less than what we sold for. Taxes and insurance are way less even with a state income tax, want to cut expenses before retirement. Our taxes and insurance in Tiki were 20k a year


This. I read an article that Texas ranks #9 in the US for the number of retirees that leave the state. Say what you want about Alabama, but when I retire, I will pay zero state income tax and my property taxes will be frozen at around $700 a year.


Lol..... Alabama....

Re: My best investment I didn't know I would make [Re: ntxtrapper] #8136468 01/20/21 03:44 PM
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Property taxes suck -- I just paid that bill earlier this week begrudgingly.

We upgraded homes last year and sold our place that we bought in 2011. In the 9 years we had it, we took a $115k "profit" from when we bought it. Part of the game is timing the market right and we got lucky. Unfortunately as others have mentioned, we paid more than we should have for the new home. Luckily it's our forever home and we bought it before this huge rush.

Re: My best investment I didn't know I would make [Re: S.A. hunter] #8136474 01/20/21 03:48 PM
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Originally Posted by S.A. hunter
Originally Posted by Dry Fire
Originally Posted by Mako My Day
We sold our house in Tiki Island back in July, full price cash offer, no contingencies. The buyers decided after moving in that it was too small, they relisted it and it sold again 3 weeks later for $25K more than they paid. The market is crazy right now. We are buying a waterfront home in North Carolina on 3 acres for far less than what we sold for. Taxes and insurance are way less even with a state income tax, want to cut expenses before retirement. Our taxes and insurance in Tiki were 20k a year


This. I read an article that Texas ranks #9 in the US for the number of retirees that leave the state. Say what you want about Alabama, but when I retire, I will pay zero state income tax and my property taxes will be frozen at around $700 a year.


Lol..... Alabama....



The Ohio of the south..... roflmao




LETS GO BRANDON
Re: My best investment I didn't know I would make [Re: ntxtrapper] #8136499 01/20/21 04:01 PM
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Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.

Re: My best investment I didn't know I would make [Re: bassfishinglawyer] #8136502 01/20/21 04:06 PM
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Originally Posted by bassfishinglawyer
Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.



Someone will be along shortly to tell you how you actually lost money on those cards. God, I love this forum... roflmao




LETS GO BRANDON
Re: My best investment I didn't know I would make [Re: TXHOGSLAYER] #8136505 01/20/21 04:07 PM
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Originally Posted by TXHOGSLAYER
Originally Posted by bassfishinglawyer
Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.



Someone will be along shortly to tell you how you actually lost money on those cards. God, I love this forum... roflmao


Right!?!?!?!?! roflmao

Re: My best investment I didn't know I would make [Re: TXHOGSLAYER] #8136513 01/20/21 04:12 PM
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Originally Posted by TXHOGSLAYER
Originally Posted by bassfishinglawyer
Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.



Someone will be along shortly to tell you how you actually lost money on those cards. God, I love this forum... roflmao


Wont be me Hogslayer, hell, I didn't know Micheal Jackson had a rookie card peep


If at first you dont succeed, then skydiving is not for you..

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Re: My best investment I didn't know I would make [Re: TLew] #8136526 01/20/21 04:20 PM
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Originally Posted by TLew
Property taxes suck -- I just paid that bill earlier this week begrudgingly.

We upgraded homes last year and sold our place that we bought in 2011. In the 9 years we had it, we took a $115k "profit" from when we bought it. Part of the game is timing the market right and we got lucky. Unfortunately as others have mentioned, we paid more than we should have for the new home. Luckily it's our forever home and we bought it before this huge rush.


Yep, I'm hoping for a downturn in the market in the next four years.... well see if it happens, and if I can be ready for it. Fingers crossed.

Re: My best investment I didn't know I would make [Re: S.A. hunter] #8136541 01/20/21 04:34 PM
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Originally Posted by S.A. hunter
Originally Posted by TLew
Property taxes suck -- I just paid that bill earlier this week begrudgingly.

We upgraded homes last year and sold our place that we bought in 2011. In the 9 years we had it, we took a $115k "profit" from when we bought it. Part of the game is timing the market right and we got lucky. Unfortunately as others have mentioned, we paid more than we should have for the new home. Luckily it's our forever home and we bought it before this huge rush.


Yep, I'm hoping for a downturn in the market in the next four years.... well see if it happens, and if I can be ready for it. Fingers crossed.


Downturn in Texas market. Not likely. They will sell every million dollar crackhouse in California first.

Re: My best investment I didn't know I would make [Re: TXHOGSLAYER] #8136550 01/20/21 04:39 PM
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Originally Posted by TXHOGSLAYER
Originally Posted by bassfishinglawyer
Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.



Someone will be along shortly to tell you how you actually lost money on those cards. God, I love this forum... roflmao


It could definitely happen. He could damage the card in any little way, or hell MJ might do something drastic like Aaron Hernandez, and the cards could go down drastically.

Also notice most things on ebay don't sell. They put ridiculous prices up all the time. What does it book for? I deal with this in art. They often double or triple the price. I've talked a guy from $5000 to a price of $2500.

Re: My best investment I didn't know I would make [Re: S.A. hunter] #8136953 01/20/21 11:20 PM
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Originally Posted by S.A. hunter
Originally Posted by Mako My Day
We sold our house in Tiki Island back in July, full price cash offer, no contingencies. The buyers decided after moving in that it was too small, they relisted it and it sold again 3 weeks later for $25K more than they paid. The market is crazy right now. We are buying a waterfront home in North Carolina on 3 acres for far less than what we sold for. Taxes and insurance are way less even with a state income tax, want to cut expenses before retirement. Our taxes and insurance in Tiki were 20k a year


How did you like it out there?

I was looking at that place a while back when I thought we would have to move to Houston.


We enjoyed Tiki, I was working out of Ellington Field, so the commute was only 25 minutes. Good fishing and the atmosphere was much better than the burbs

Re: My best investment I didn't know I would make [Re: Roll-Tide] #8136974 01/20/21 11:29 PM
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Originally Posted by Roll-Tide
Real estate has been solid in north Texas.

I’m hoping to cash out in a couple years. Move to a non metroplex county.


Me too

Re: My best investment I didn't know I would make [Re: Western] #8137431 01/21/21 05:13 AM
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Originally Posted by Western
Originally Posted by TXHOGSLAYER
Originally Posted by bassfishinglawyer
Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.



Someone will be along shortly to tell you how you actually lost money on those cards. God, I love this forum... roflmao


Wont be me Hogslayer, hell, I didn't know Micheal Jackson had a rookie card peep



You win the internet today sir. Well played.




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Re: My best investment I didn't know I would make [Re: Biscuit] #8137522 01/21/21 12:27 PM
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Originally Posted by Biscuit
Originally Posted by Roll-Tide
Real estate has been solid in north Texas.

I’m hoping to cash out in a couple years. Move to a non metroplex county.


Me too


I once went in with a friend and bought a few acres of undivided land. The tax man started appraising it as if it were divided land. I had to fight the appraised value every year. The man advised me to split it up. Duh. I sold it.


Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill


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Re: My best investment I didn't know I would make [Re: S.A. hunter] #8137818 01/21/21 04:19 PM
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Originally Posted by S.A. hunter
Originally Posted by TXHOGSLAYER
Originally Posted by bassfishinglawyer
Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.



Someone will be along shortly to tell you how you actually lost money on those cards. God, I love this forum... roflmao


It could definitely happen. He could damage the card in any little way, or hell MJ might do something drastic like Aaron Hernandez, and the cards could go down drastically.

Also notice most things on ebay don't sell. They put ridiculous prices up all the time. What does it book for? I deal with this in art. They often double or triple the price. I've talked a guy from $5000 to a price of $2500.



Yep on Hernandez but your last line is way off base - I am talking about recent SALES not listings - check out these in the last few days

https://www.ebay.com/itm/JUST-GRADED-1986-Fleer-Michael-Jordan-RC-Rookie-Card-57-PSA-8-NM-MT-Centered/154290993950?hash=item23ec75bb1e:g:i4kAAOSw4edf~yoN
https://www.ebay.com/itm/1986-Fleer-Michael-Jordan-Rookie-PSA-8-Great-Centering/254836601549?hash=item3b5571f2cd:g:n~sAAOSw7WJf-Kwi
https://www.ebay.com/itm/1986-Fleer-Basketball-Michael-Jordan-ROOKIE-RC-57-PSA-8-NM-MT/143911370557?hash=item2181c93f3d:g:TmMAAOSw~Kpf93IO

Re: My best investment I didn't know I would make [Re: ntxtrapper] #8137824 01/21/21 04:27 PM
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Silver and gold. Pennies on the dollar.


One shot is all it should take.
Re: My best investment I didn't know I would make [Re: bassfishinglawyer] #8137875 01/21/21 05:05 PM
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Originally Posted by bassfishinglawyer
Originally Posted by S.A. hunter
Originally Posted by TXHOGSLAYER
Originally Posted by bassfishinglawyer
Bought a couple of MJ rookies a few years ago graded PSA 8. Paid $800 each. Going on eBay right now for $14,000+

If I sell, I must say this was my best investment ever.



Someone will be along shortly to tell you how you actually lost money on those cards. God, I love this forum... roflmao


It could definitely happen. He could damage the card in any little way, or hell MJ might do something drastic like Aaron Hernandez, and the cards could go down drastically.

Also notice most things on ebay don't sell. They put ridiculous prices up all the time. What does it book for? I deal with this in art. They often double or triple the price. I've talked a guy from $5000 to a price of $2500.



Yep on Hernandez but your last line is way off base - I am talking about recent SALES not listings - check out these in the last few days

https://www.ebay.com/itm/JUST-GRADED-1986-Fleer-Michael-Jordan-RC-Rookie-Card-57-PSA-8-NM-MT-Centered/154290993950?hash=item23ec75bb1e:g:i4kAAOSw4edf~yoN
https://www.ebay.com/itm/1986-Fleer-Michael-Jordan-Rookie-PSA-8-Great-Centering/254836601549?hash=item3b5571f2cd:g:n~sAAOSw7WJf-Kwi
https://www.ebay.com/itm/1986-Fleer-Basketball-Michael-Jordan-ROOKIE-RC-57-PSA-8-NM-MT/143911370557?hash=item2181c93f3d:g:TmMAAOSw~Kpf93IO


Yeah, man. If you can get that. Ebay is a pretty interesting place.

I use a data base for art, but it is connected to a a bunch of auction houses. I did a quick check this is the most recent psa 8 card I found.

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