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  #101   Report Post  
Starbuck
 
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Gould,
There seems to be a touch of jealousy in your tone.

--

Starbuck

.... Design before coding, and all will flow smoothly
wrote in message
oups.com...

Forbes list of the 400 wealthiest Americans comes out tomorrow.

There are a handful of well-to-do public figures who either failed to
make the list, or have been displaced. Among the missing this year will
be Michael Jordan, Michael Jackson, Bill Cosby, the casino owner
Nielsen, and Teresa Heinz Kerry.

I'm sure there's no truth to the rumor that some of these luminaries
have been nudged into relative asset oblivion by owners of those cookie
cutter McMansions scattered around the cul-de-sacs of suburban Naples.
AFAIK, you need a net worth of at least a $billion to make the list,
and achieving that would require the purchase of perhaps two houses in
Naples and then waiting another 18-24 months. :-)



  #103   Report Post  
 
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So, if boating is important to you, move to place where marinas are cheaper.

The cheapest marina of all is a dock in front of your house. You
control the cost, and also get to enjoy an appreciating asset.

  #106   Report Post  
PocoLoco
 
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On Thu, 22 Sep 2005 15:06:17 -0400, DSK wrote:

So, if boating is important to you, move to place where marinas are cheaper.



wrote:
The cheapest marina of all is a dock in front of your house. You
control the cost, and also get to enjoy an appreciating asset.


Not really. I bet it feels good though.

Nobby said he's paying $5K a month on an interest-only mortgage.... my
slip doesn't cost that much in two years. My slip plus my mortgage
aren't half what his cost.

My wife and I sporadically look at waterfront property, but the premium
is too high most places that are actually desirable. When the bubble
bursts, maybe we'll buy in... but not in Florida, for sure. Been there,
done that.

DSK


What does a 45 foot trailer rent for these days?
--
John H

"All decisions are the result of binary thinking."
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Bert Robbins
 
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wrote in message
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On Thu, 22 Sep 2005 19:20:15 -0400, "Bert Robbins"
wrote:

A place on the water that has an existing dock is an asset and it will
only
appreciate in value over time. Have you looked into the cost of getting a
new dock built lately



It isn't just money. Permitting can be almost impossible if anyone saw
anything that looked remotely like a manatee within a couple miles of
your dock.
Lee County may still be underr a total moritorium. They say they
lifted it but I am not sure any permits have actually ground their way
through the goverrnment maze.


Bingo! It isn't just So. Fla. that has this problem.

You buy a place on the water with the hope of building a dock and then find
out that you can't get through the permitting process becasue there are
local, state and federal hoops that you have to jump through!

So, if you want a dock then buy a piece of property that has a dock and fix
it up!


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