Renting...

mikebike357

mikebike357

New member
It figures that as soon as I make peace with myself and comit to staying in the apartment for another year... the new landlord rolls in and gives us 120 days notice to get out or BUY the place! WTF?! I'm LOVING sick of being a transient and I can't afford a modest house because the house market here is absurd. And speaking of absurd, the landlord is offering the apartment/condo for a modest $259,900. @!(#)%*)E#Y&)*&!!!!!!!

fudge this place.

Now i'm torn on what to do becuase I just got verbal approval on the mega project that i've been WAITING for at work... I've been looking forward to this project and it'll be great experience. Otherwise we'd be audi 500 from the Pine Tree State.

ARGHHHHHHHHHHHHHHHHHHHHHHHHHhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!!!!!!!!!!!!!!!!!!!!!!

 
I feel your pain. My rent has gone up $150 in the last 3 years not to mention we now pay for every single utility including water/sewage (Bullshit).

You can come live in my complex. Lowish prices and a great location.

 
I gots ta find a new crib... but I need something with:

1) parking for 2 cars

2) storage for a lot of raisin

3) washer/dryer hookups

4) 2 to 3 bedrooms

5) quiet

 
Man I hear you. I make decent $$ and I cannot touch anything around portland in a 20 mile radius that is even close to what I would consider acceptable at a reasonable price. I determined that I would pay more in mortgage than in rent and live in a shittier place with a longer commute WTF!! I have no idea where these people are getting the money to pay $300,000 for a 1400sq ft. condo. Anything in the $200 to $250 range is crap and the size of a cookieen shed.

I've just about had it as well. The working salaries in this area simply do not support the house prices--so obviously it has to be money from outside--people who either have family $$ or made their $$ elsewhere, then come hear with a fat down payment so they can deal with the reduced salary. That doesn't bode well for the typical working class (even professionals) folk in Portland/Cumberland county.

Good luck Mike. I thought about moving north and commuting--maybe even up toward Auburn. Of course now gas prices make that option less favorable as any gain you would enjoy with lower housing will be offset by the cost of commuting.

Need to figure out a telecommuting job that pays well......

 
Mike....have you ever looked at Woodland South? It really isn't bad.Parking is open,it is quiet,and 2 Bedrooms are only $750/mo (I think).I've been there 2 years and they haven't changed my rent,and we have a new landlord who is way better,actually (so far..).

 
Do you have your own driveway or is it a shared parking lot? When we moved up here we looked at a few places w/ a big lot and it was gonna be a pain in teh ass in the winter having to move the cars, etc. It's not that big a deal if you drive your car to work everyday, but we always have one car at home at all times... that was the pain.

The Mrs. found a house for rent in Freeport... we're going to do a driveby on it to check it out. Freakin' outrageous rent though.

 
Mike....have you ever looked at Woodland South? It really isn't bad.Parking is open,it is quiet,and 2 Bedrooms are only $750/mo (I think).I've been there 2 years and they haven't changed my rent,and we have a new landlord who is way better,actually (so far..).
Click to expand...

PM'ed!

 
The parking situation is no big deal.It is completely open,and even in the winter when they plow,they just plow around you and get your spot later after you move it.I've had 2 cars most of the time I've been there,and it is no issue at all.

 
No pets. >
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Mmmm... Bath, ME cheap (relatively) houses and easy commuting.... It is quicker to drive to Bath at 5pm than it was to Westbrook at the same time.

 
Yaah, but i think we're gonna probably end up bailing on Maine in the next year or so... consequently, purchasing is out of the question.

 
Why are you bailing? Give it to me straight. I know you've seen the economics from another state. What does Maine need to do?

 
What does Maine need to do? Hmmm...

My biggest beef with Maine, er, Portland and it's surrounding area, is that there is no advantage in purchasing a home here. The job market cannot support the current housing values. WHen I moved here I failed to do my due dilligence on salary and basically took the equivalent of a pretty good Pittsburgh salary in Maine. Turns out,it puts me on the low end in Maine when it comes to adjusting that salary to the cost of living. I think it's pretty sad when we can't afford to buy a reasonable home within 15 miles of Portland. Even dumps around here overextend the bank account. And then asshats like the new landlord come in and think that someone's gonna pay $259k for this dump? WTF?! Portland is not an economically friendly town for middle class moving into the area. At least not now. Most of you who own houses probably bought them years ago when they were fairly priced for the area.

Ok... enough ranting...

 
I sooo agree with your analysis. I am kicking myself for paying for law school in 1998 instead of saying eff'it and buying a couple triple units. I would be the mak daddy now. Instead I have a decent job and can purchase an 800 square foot condo today.

great :-

 
People around here are still paying the high prices for housing though... mostly because they have to. I am interested to see what type of economic cycle happens when the bottom finnally drops out of the market here.

 
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