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Alyosha
Member since Nov 2020
1783 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
I’ll take Carlsbad.


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stout
Arizona Fan
Smoking Crack with Hunter Biden
Member since Sep 2006
146659 posts
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re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:

Stout, who is a good home inspector in Lake Charles. Trust you for a recommendation



To be honest I don't deal with many of them other than fixing the stuff they find for a few Realtors we work with. Let me ask around on who is the best and get back to you.


TheeRealCarolina
South Carolina Fan
Member since Aug 2018
11501 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
There is a boujee trailer park out in the Hamptons where the homes go for high 6/low 7 figures.


777Tiger
LSU Fan
Member since Mar 2011
47225 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:

There is a boujee trailer park out in the Hamptons where the homes go for high 6/low 7 figures.



I think they're called guest cottages


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DiamondDog
LSU Fan
Member since Nov 2019
3883 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
Thanks. I’ll check back in a bit. Appreciate you man


Hangover Haven
LSU Fan
Metry
Member since Oct 2013
16896 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
A trailer n the beach, who knew?





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MardiGrasTexan
LSU Fan
Grapevine, Texas..from Baton Rouge
Member since Sep 2005
4278 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:

But the lot rent ranges around $2500 to $3000 give or take



This property has been there since 1963. Ownership is taking in between $800K and $1,000,000 per month in lot rent. They probably own many of the 306 mobile homes and bank rent on those, too. Not a bad gig.


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real turf fan
Tennessee Fan
East Tennessee
Member since Dec 2016
3924 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:

You purchase the trailer and only rent the lot.


Those prices explain why on an episode of Hoarders, a guy who owned a hoarded to the ceiling doublewide was being 'helped' by the park owner to move his trailers off (he had a second on a back street) and the park owner provided him with one double wide in which to live.
Esp if the guy had stopped paying his pad rental.


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Meauxjeaux
Memphis Fan
98244 posts including my alters
Member since Jun 2005
29190 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
This story blows up the whole trailer park shtick.


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chinese58
LSU Fan
NELA. after 30 years in Dallas.
Member since Jun 2004
25886 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
I'd think it's pretty rare for any property, right off the beach, to become available to buy. Nearly all of those types of properties are rentals. Even some big mansion type homes on the beach are rentals that being in big money.

It's been that way since the 80's. In the 70's, they passed their famous Proposition 13. Prop was passed to keep property taxes from increasing too much. It has allowed families to pass down property to relatives without paying higher property taxes that home buyers will be paying. In the 80's, they amended the laws to pass down the tax break to family. My brother pays twice as much in taxes as one of his neighbors, who has lived in the same house for nearly 20 years. People who's families have owned property since the 70's are paying a fraction of what someone who buys now will pay.

People like Jeff Bridges own their parent's homes and pay tax rates from the 80's.

quote:

Because of a ballot measure passed in 1986, California is the only state in the country where children get to inherit their parents’ low property taxes on the homes they leave behind. That’s why you may have heard that Oscar-winning actor Jeff Bridges is paying only $5,700 a year in property taxes on an oceanside Malibu home his parents bought in the 1950’s. Like the vast majority of those who benefit from this inheritance tax break, Bridges doesn’t live in the Malibu home–he and his siblings rent it out, for $15,000 a month.


It even applies to business property taxes. They tried to take the businesses out of the tax loophole in 2020 with a Proposition 15. It failed. This is the same state that says they support taxing the rich, to even things out.

calmatters.org/economy

quote:

In Liberal California, Election Shows Prop. 13 Tax Revolt Is Alive And Well
Tuesday, November 17, 2020

Ben Christopher | CalMatters

With the failure of Proposition 15, the $140 million campaign to hike property taxes on businesses across the state finally comes to a close.

Now begins a new statewide competition to explain what the results really mean.

For opponents, which include large business groups, commercial landlords and low-tax advocates, the lesson is clear: Forty years after California voters passed Proposition 13 — capping property taxes and hamstringing state and local governments’ ability to raise new revenue — the “tax revolt” is live and well.

The state’s voters may routinely elect and then re-elect Democrats, said Rob Lapsley, president of the California Business Roundtable, a coalition of large businesses that opposed the measure. But that doesn’t mean they want to weaken what he called the state’s “last remaining tax protection.”

“This was the most favorable political climate they could have asked for,” he said. “An anti-Trump climate driving a high-turnout election, a pandemic with deficits at cities and school districts across the state.”

That the measure failed despite all that “sends very clear signals that we are not going to see this again.”


/www.capradio.or

ETA: If you buy one of these properties, you're not only going to pay that high price, there's a high likelihood that you'll pay appreciably more in property taxes than the guy you buy from.
This post was edited on 2/23 at 11:12 am


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Privateer 2007
UNO Fan
Member since Jan 2020
3119 posts
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re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
This makes me think of Riggs from Leathal Weapon.


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Tempratt
anywhere at a given time
Member since Oct 2013
8073 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
As a lake or beach weekend dwelling, sure.

As a permanent residence? No way


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Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
30082 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:

You can find a nice place inland a little bit for $4K.




But then you are in generic suburb type places which is fine for a lot of people and especially if you have kids. But that double wide is not the market for those type of people. Its gonna be a single surfer dude, which there are a ton of in the OC.


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Fat and Happy
LSU Fan
Baton Rouge
Member since Jan 2013
10825 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
I would do that way way faster than i would spend 2.3 million for some tiny house


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WestCoastAg
UCLA Fan
President, Alex Caruso Fan Club
Member since Oct 2012
127055 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
Breaking news. Living on the beach is expensive. More on this story as it develops


lsuconnman
Troy Fan
Baton rouge
Member since Feb 2007
1875 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:


I would seriously consider that if we weren't in the process of building a house now.

Eta: Didn't realize you had to finance the trailer too


It’s a suckers arrangement. They treat it similar to a bond for deed. ...so the minute you miss the payment they evict you. At best they allow you to remove the trailer. But given the prohibitive expense, it’s usually forfeited, repainted, and refinanced to the next guy. It’s basically a move taken straight out of Upton Sinclair’s The Jungle.


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stout
Arizona Fan
Smoking Crack with Hunter Biden
Member since Sep 2006
146659 posts
 Online 

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:

Breaking news. Living on the beach is expensive. More on this story as it develops



Nice to see you had a 5-minute break from sucking off Lebron


WestCoastAg
UCLA Fan
President, Alex Caruso Fan Club
Member since Oct 2012
127055 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
Next thing you'll tell me is that smoking causes cancer and that fast food isn't good for you


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HeadSlash
Army Fan
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
38839 posts

re: In Huntington Beach you can buy a nice double wide right off the beach for $115K to $150K
quote:

But the lot rent ranges around $2500 to $3000 give or take





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