February 13, 2008

740 6th Ave saves someone from throwing away money by renting

At the end of last year, Burbed featured this house:

This Realtor reveals the secret to gaining wealth [Burbed.com]

Now, just a few short months later,  740 6th Ave, is now seeing some action:

7406t.jpg

Congrats to the lucky buyer of this house! This buyer is lucky because he now doesn’t have to throw away money by renting. He knows that the secret to gaining wealth is to buy low and sell high. This place is guaranteed to go up every year, along with the price of gas and milk!

Sweet! Congrats again!

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Comments (4) -- Posted by: burbed @ 5:00 am

4 Responses to “740 6th Ave saves someone from throwing away money by renting”

  1. DensityDuck Says:

    STOP THROWING YOUR MONEY AWAY BY RENTING. INSTEAD, THROW YOUR MONEY AWAY BY OWNING. IT’S MUCH QUICKER AND MORE EFFICIENT.

    ***

    What the hell is “acreas”? There’s no way that’s a typo, the keys “a e r s” form a line and “c” is not anywhere near it.

  2. ex-sunnyvale-renter Says:

    Wow what a lovely piece ‘O’ shit for only a half-mil! And appreciating 20% a year right? Right?

  3. Winston Says:

    Once again, a house in the Bay Area that would be a fair deal if the owner would just knock a 0 off the end of the price. Heck, I’d gladly even pay $45k for that piece of real estate!

  4. ex-sunnyvale-renter Says:

    Yeah, Winston, I’d consider that fair too. $45k = about $450 a month, I bet the place needs a LOT of work, most of which I’d have to do myself, the stuff that has to be signed off on would be some expense. That’s why it’d have to be cheaper than rent, you pay the other half of the monthly cost in hours with the tool belt on. I just like fixing up shit, so, seller, take off a 0 and I’ll take it.


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