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Old 07-19-2016, 12:11 AM
 
Location: Westchester County, NY -> Pinellas County, FL -> Dutchess County, NY -> Denver?
348 posts, read 535,416 times
Reputation: 349

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Once you close your eyes while driving through St. Pete you can almost see the beauty. It looks like poo apart from the Old NorthEast. Love Trader Joe's there - a lot better than in Tampa.
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Old 07-19-2016, 03:40 AM
 
Location: SW Florida
1,217 posts, read 1,225,649 times
Reputation: 2027
Quote:
Originally Posted by Iching View Post
Once you close your eyes while driving through St. Pete you can almost see the beauty. It looks like poo apart from the Old NorthEast. Love Trader Joe's there - a lot better than in Tampa.
Do you drive with your eyes closed very often?
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Old 07-19-2016, 01:41 PM
 
261 posts, read 260,876 times
Reputation: 194
Pinellas is rough for motorists and pedestrians no matter how you look at. Palm Harbor is always at the high end of the pinellas rents so its mostly likely better to buy there. Mid County Pinellas is worse for traffic than North Pinellas but still very dangerous as US 19 in Palm Harbor is a nightmare. Palm Harbor is U Turn hell and a stronghold for pedestrian accidents.
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Old 07-23-2016, 11:09 AM
 
45 posts, read 49,811 times
Reputation: 114
Quote:
Originally Posted by Irishiis49 View Post
Funny 17 years ago I chose Palm Harbor over Sarasota to raise my family...never regretted the choice...did a lot of research...the only crazy lines I experience in Publix is around holiday times and can easily be avoided...the north Pinellas area has thrived in the years we have been here...our first home in Waterford Crossing which we purchased in 1997(moved in 99) for 178k now sells for at least 200k more and usually in 3 weeks of listing...I agree with driving on the roads you listed above at rush hour are "horrendous" but don't really know where one commutes from suburb to major city isn't...
If you PAID 178K, and now you KNOW it's worth 200,000 DOLLARS MORE or $378,000 ??? My advice to you is to take the equity OUT of this non-liquid asset and put it in your damn pocket, and/or buy an income producing property with a portion of the cash. As a banker, I would never advise anyone to sit on that kind of equity in a "house". Plus, if you had a mortgage in 1997, that means your mortgage balance has been decreased for almost 20 years of payments, so you payoff is probably 30k or so?? Take the cash OUT of your illiquid asset. A house is not an investment any more, so you did good.
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Old 07-23-2016, 09:52 PM
 
Location: tampa bay
7,126 posts, read 8,650,729 times
Reputation: 11772
Quote:
Originally Posted by WickedBad View Post
If you PAID 178K, and now you KNOW it's worth 200,000 DOLLARS MORE or $378,000 ??? My advice to you is to take the equity OUT of this non-liquid asset and put it in your damn pocket, and/or buy an income producing property with a portion of the cash. As a banker, I would never advise anyone to sit on that kind of equity in a "house". Plus, if you had a mortgage in 1997, that means your mortgage balance has been decreased for almost 20 years of payments, so you payoff is probably 30k or so?? Take the cash OUT of your illiquid asset. A house is not an investment any more, so you did good.
No we no longer own it! I sold the property in 1999 for 220K to by a house on the water...My current house now we have about 200K equity but it hasn't sold and while I don't need to make the entire 200k we would at least like to make 175K or we will hold onto for a while...
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Old 07-26-2016, 06:01 PM
 
45 posts, read 49,811 times
Reputation: 114
Sell it now...cash is king...then go live "small"
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Old 07-27-2016, 12:12 PM
 
Location: Sarasota, Fl
53 posts, read 124,244 times
Reputation: 36
Thank you all for the responses!!
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Old 07-27-2016, 01:32 PM
 
Location: Sarasota, Fl
809 posts, read 746,842 times
Reputation: 643
Quote:
Originally Posted by WickedBad View Post
Sell it now...cash is king...then go live "small"
Cash is king? How much interest are you making on your truly secured cash? Me, about 1 percent from "high yielding" FDIC insured accounts.

There is value in not having a mortgage at even 3 percent. There is value in not renting and having someone (or some corporation) ruin your life.

I agree that you should have enough secure liquid assets to last you a few years. But if "live small" means living an unhappy life, take a risk and go bigger.
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Old 07-27-2016, 03:42 PM
 
1,748 posts, read 2,175,822 times
Reputation: 1092
Quote:
Originally Posted by WickedBad View Post
I wouldn't touch St Petersburg, unless Tierra Verde, Isla or maybe Feather Sound. The other areas around PP, Largo Seminole can be real trash, not to mention South St Petersburg. Pass
This is highly biased. (Old NE or Snell Isle, Jungle Prada are nice too), so are many other areas in Mid-Pinellas, Belleair/Bluffs, West Seminole/Largo/unincorporated Pinellas, Oak Bluffs, Bardmoor/Lake Park/South of Park Blvd by Boca Ciega. Pretty much anything close to the beach on both sides. It seems you don't know the area well.

Sarasota has nice areas but also some that are similar to Mid-Pinellas; it's pretty much everywhere, you gotta look for the pockets of nice neighborhoods or be on the beach.
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Old 07-27-2016, 07:33 PM
 
1,759 posts, read 2,164,626 times
Reputation: 742
Quote:
Originally Posted by Trigger-f View Post
This is highly biased. (Old NE or Snell Isle, Jungle Prada are nice too), so are many other areas in Mid-Pinellas, Belleair/Bluffs, West Seminole/Largo/unincorporated Pinellas, Oak Bluffs, Bardmoor/Lake Park/South of Park Blvd by Boca Ciega. Pretty much anything close to the beach on both sides. It seems you don't know the area well.

Sarasota has nice areas but also some that are similar to Mid-Pinellas; it's pretty much everywhere, you gotta look for the pockets of nice neighborhoods or be on the beach.
Check out Snell isle, snell shores - not sure what it's called really. Awesome location and affordable good homes.
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