Started work on my business district. These are kits from Colorado Model Structures. The building on the left is their firehouse. I am going to be using it for a gas station/garage. The gray facade to the right will be a 4 story Hotel with a side entrance. I still have a long way to go.
Gotta couple of their buildings. Can’t beat the price.
Good kits for not much dough! I took one of the Virginia Ridge kits and bashed it into two three story flats. The one in the middle is scratch.
(http://i113.photobucket.com/albums/n214/altterrain/building%20projects/cityblock800.jpg)
-Brian
Brian Donovan said:
Good kits for not much dough! I took one of the Virginia Ridge kits and bashed it into two three story flats. The one in the middle is scratch.(http://i113.photobucket.com/albums/n214/altterrain/building%20projects/cityblock800.jpg)
-Brian
I like that. I was thinking of doing something similar for the “backstreet”. Ralph
Neat!
From what we hear about the way the US economy is going, you’ll need to board up most of the windows and strew “Foreclosure Sale” signs all over the place.
Don’t believe everything you hear on the news…
Ken Brunt said:But we read it in the papers too and then our friends come back from their vacations in the Lower 48 with "Holy Moses, have those prices dropped".
Don't believe everything you hear on the news...............
I live in CA, and I gotta say anyone who invested in real estate in 2004 to the present was out of their minds. I had my house in Salinas appraised in Oct 2002 shortly before renting it out and it was appraised at 225,000. A litter more than a year later it sold for 450,000, I was elated to say the least, I only paid 130,000 for it, but I also realized, that there was no way those prices could be real. No house appreciates 200 % in a 16 months. To add to the confusion, the tech bubble just burst the year before, so I was thinking if anything the prices would be going down, which is why I rented it out.
I was told 11% was the norm and sometimes 22% but 10X that! I was ready to sell at 350k which is what my tenants offered, but the agent told me to list it at 450 (I thought she was crazy). It sold in 2 weeks.
I feel sorry for those folks that got sucked into the craze, but they should have done the math, average household income 70k average house 500k. No way to pay that off on that income, not if you like to eat and wear clean clothes.
What is the statement? There is a sucker born every minute. Truely is interesting living in a free market society. I have conversations through out the day where one guy will tell me he can’t afford his dock fee and my next conversation is with a guy that just got a great deal on a new boat. A guy comes up to me and says that are dock fees are great compared to what he was paying and the next conversation is with a guy that just can’t understand why we charge so much. I do know this is a buyer’s market and yet a guy is pressuring me right now because he has had good boats sold out from under him, while he haggled on the price. Go figure.
Pleasure boats and toy trains are a lot a like. Great fun as long as you don’t try to justify them as an investment.
Ric Golding said:BOAT (noun): a hole in the water into which you pour money.
Pleasure boats ... Great fun as long as you don't try to justify them as an investment.
Talk about getting side tracked. If you guys keep this up we’ll have to move this whole mess over to “off topic”.
-Brian
Brian, we are right on topic, talking about small town buildings. The last time I went through Smallville, there were a lot of boarded up buildings. Of course, there were also a lot that weren’t boarded up, too. The tracks are still there, but the local no longer stops. The last passenger service was in 1946. All of the LCL traffic has gone to trucks. 
At least we aren’t talking about pennys and holy water, blessed as those subjects are. 
I’ll stop now, because the sun has dipped below the main yard, and the Bos’n has piped “Up Spirits.”
All hands sweep the decks for and aft. Liberty, liberty ,liberty, now all hands Liberty will commence at 1600. Trice up, look sharp, inspection at the Gangway.
Topic - Downtown, the object of every Liberty. I think there was a time I visited that notel hotel, but things are a little fuzzy.
Hans-Joerg Mueller said:But that's only for the idiots that paid too much for the house they bought. Housing and real estate prices fluctuate constantly. Like Ric said, there's a sucker born every minute! Seems everyone jumped onto the building boom bandwagon and now expect the Gov't to bail them out for their stupidity. The market tends to even itself out without interference.Ken Brunt said:But we read it in the papers too and then our friends come back from their vacations in the Lower 48 with "Holy Moses, have those prices dropped".
Don't believe everything you hear on the news...............
Man you guys have sure have perverted this thread. We have other areas of the forum more appropriate for taking cheap shots at us poor 'Yanks".
Ralph
Ralph,
Yer new here’bouts, so we’ll let that one slide.
That is what we do best, take cheap shots at eachother. We can’t afford the expensive ones.
Steve Featherkile said:
Ralph,Yer new here’bouts, so we’ll let that one slide.
That is what we do best, take cheap shots at eachother. We can’t afford the expensive ones.
