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08/12/25 17:24:31 [ Login ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, [2], 3, 4 ]

Subject: 10x

Author:
CPA
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Date Posted: Sun, Aug 09 2009, 22:15:33
In reply to: Butch Huber 's message, "Build it right or stay home" on Sat, Aug 08 2009, 12:13:18

Hmmm, an $8mil mortgage, for 15 years, at 5% interest, try more like $1000 per homowner. Monthly payment would be just over $63K, which comes to $756K per yr., or about $1000 per homeowner. Also, not sure what you think insurance, utilities, upkeep on an $8mil building would be, but I think your $60/yr/homeowner might be a little light. Also wondering, just where you were going to come up with the $1.6mil for the downpayment?

One thing that nobodies mentioned, what about zoning? Renting a building out for functions like receptions make's it a business. Our neighborhood is zoned residential.

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Replies:

Subject Author Date

Spend spend spend Fiscal Watchdog Mon, Aug 10 2009, 9:13:03

No New Taxes... -- Brian Snyder, Mon, Aug 10 2009, 14:57:12

Can't just print the money -- Curious, Tue, Aug 11 2009, 13:39:04

can't print money, but just about as good -- Butch Huber, Tue, Aug 11 2009, 22:14:25

Trusting personality -- Curious, Wed, Aug 12 2009, 9:45:02

Trusting.. -- Brian Snyder, Thu, Aug 13 2009, 8:14:04

added value? -- Hick, Fri, Aug 14 2009, 13:50:50

added value? -- Brian Snyder, Mon, Aug 17 2009, 10:18:37

adding value -- Butch Huber, Tue, Aug 18 2009, 9:29:06

I stand corrected, CPA Butch Huber Mon, Aug 10 2009, 18:02:31

No opinion given -- CPA, Mon, Aug 10 2009, 20:44:27

Here we go again -- Barb, Fri, Aug 21 2009, 22:28:02

Here we go again.. -- Brian Snyder, Mon, Aug 24 2009, 12:55:55

double-speak -- Clubhouse committee ex-member, Mon, Aug 24 2009, 16:45:12

Build a bigger baby pool or kids area or pavilion -- Sean, Mon, Aug 24 2009, 18:41:32

Basketball Goals -- Kobe, Tue, Aug 25 2009, 7:12:04

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Subject	Author	Date
Spend spend spend	Fiscal Watchdog	Mon, Aug 10 2009, 9:13:03
No New Taxes... -- Brian Snyder, Mon, Aug 10 2009, 14:57:12 Can't just print the money -- Curious, Tue, Aug 11 2009, 13:39:04 can't print money, but just about as good -- Butch Huber, Tue, Aug 11 2009, 22:14:25 Trusting personality -- Curious, Wed, Aug 12 2009, 9:45:02 Trusting.. -- Brian Snyder, Thu, Aug 13 2009, 8:14:04 added value? -- Hick, Fri, Aug 14 2009, 13:50:50 added value? -- Brian Snyder, Mon, Aug 17 2009, 10:18:37 adding value -- Butch Huber, Tue, Aug 18 2009, 9:29:06
I stand corrected, CPA	Butch Huber	Mon, Aug 10 2009, 18:02:31
No opinion given -- CPA, Mon, Aug 10 2009, 20:44:27 Here we go again -- Barb, Fri, Aug 21 2009, 22:28:02 Here we go again.. -- Brian Snyder, Mon, Aug 24 2009, 12:55:55 double-speak -- Clubhouse committee ex-member, Mon, Aug 24 2009, 16:45:12 Build a bigger baby pool or kids area or pavilion -- Sean, Mon, Aug 24 2009, 18:41:32 Basketball Goals -- Kobe, Tue, Aug 25 2009, 7:12:04