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Old 07-14-2018, 10:42 PM
 
Location: Nashville TN, Cincinnati, OH
1,795 posts, read 1,875,478 times
Reputation: 2393

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You must be able to get lucky and get a foreclosed home in some town but usually you have to have connections to get a real bargain.
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Old 07-15-2018, 03:00 AM
 
2,033 posts, read 3,206,121 times
Reputation: 1457
Quote:
Originally Posted by BrooklynJo View Post
You are right. I consider anything under 400K cheap. I just saw a listing for a 6 bedroom 3 bath house in Mastic NY for 370K. But it’s very very far!
Haha! 370k in Mastic the armpit of LI. Gotta be nuts. Would never buy there. Heck. Don't even want to drive by Mastic. Just about one of the worst towns on LI now. Yes. I know about all the other bad towns before anyone says anything.
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Old 07-15-2018, 03:02 AM
 
2,033 posts, read 3,206,121 times
Reputation: 1457
Quote:
Originally Posted by ydsavaged View Post
375k for the 6 bedroom in Mastic would be 1m in any other town. Mastic is literally the PITS. Sex offender slum lord heaven. If that's your gig, by all means, buy away.
Mostly program tenants live there these days. And like you said sex offenders. Seems they plop them all down there when they get out of jail.
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Old 07-15-2018, 06:12 AM
Status: "UB Tubbie" (set 18 days ago)
 
20,024 posts, read 20,826,797 times
Reputation: 16707
Centereach, Selden, Rocky Point, Sound Beach, Ridge, all "affordable".
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Old 07-15-2018, 06:29 AM
 
Location: Between the Bays
10,786 posts, read 11,307,745 times
Reputation: 5272
Quote:
Originally Posted by hotkarl View Post
Centereach, Selden, Rocky Point, Sound Beach, Ridge, all "affordable".
Now we're talking.
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Old 07-15-2018, 06:31 AM
 
Location: Between the Bays
10,786 posts, read 11,307,745 times
Reputation: 5272
Quote:
Originally Posted by loribell38 View Post
Haha! 370k in Mastic the armpit of LI. Gotta be nuts. Would never buy there. Heck. Don't even want to drive by Mastic. Just about one of the worst towns on LI now. Yes. I know about all the other bad towns before anyone says anything.
Mastic is where it's at. I think I found my investment. Thanks!!!
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Old 07-15-2018, 07:20 AM
 
34,006 posts, read 47,240,427 times
Reputation: 14242
Quote:
Originally Posted by G-Dale View Post
Mastic is where it's at. I think I found my investment. Thanks!!!
Let me know what you find out about the area. It's an interesting place - Indian reservation right next door too.
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Old 07-15-2018, 07:35 AM
 
2,045 posts, read 1,888,752 times
Reputation: 1646
I think G-Dale isn’t too familiar with real estate investment. I think he is looking for a cheap place to retire to, not a place to make money.
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Old 07-15-2018, 07:37 AM
 
Location: Between the Bays
10,786 posts, read 11,307,745 times
Reputation: 5272
Quote:
Originally Posted by SeventhFloor View Post
Let me know what you find out about the area. It's an interesting place - Indian reservation right next door too.
It seems unique. Not one of the usual plain old boring regular suburb neighborhoods of Nassau or Western Suffolk. Definitely seems like it's got character, for good or bad. The reservation could be the perfect place for my dispensary, or maybe even my sports book.
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Old 07-15-2018, 07:40 AM
 
2,045 posts, read 1,888,752 times
Reputation: 1646
Quote:
Originally Posted by twingles View Post
Pretty much....although basements are not common and when they exist it's usually a walkout basement. And new construction here is on a postage stamp.

There are some older houses (1980s era) in highly desirable locations that are selling for $700K and up (way up) and the teardown phenomenon is starting here. It's like western Nassau in 2004 all over again.
https://www.google.com/amp/s/www.onl...orhood-ne/amp/

Really? That’s very hard to believe.
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