Florida real estate and economic collapse #193. Bank-owned beach property.

Florida real estate and economic collapse #193.  Bank-owned beach property.

A bankrupt motel at Cedar Key, Florida along the coastline.

Pass The Florida Real Estate Exam The First Time With These Tips

www.climerrealestateschool.com This is Ron Climer with some good tips to help you pass the Florida real estate exam the first time. If you took the Principle…
Video Rating: 4 / 5

30 comments

  • inbredagogo

    The 4 dollar gas seems to be a direct correlation of the two-front wars that we’ve been engaged in for the better part of a decade in the mid-east. Before the wars gas was under 2 dollars a gallon.

  • Will D

    Any videos in south florida, east coast?

  • EconCat88

    I’m a little late replying, but thanks for watching.

  • EconCat88

    Thanks for watching.

  • Linus Hessling

    I love your work.

  • 1000chic

    The “Gulf American” side of Florida is a financial MESS!! Thanks EconCat88

  • Delinda Sarnecki

    I haven’t seen you cruising out to Boca Grande or Clearwater areas but then I haven’t seen all the videos.

  • slobomotion

    This has happened to several people I know. Must be 8-10 of them at this point. Lost work, lost home, no phone, no address, no Internet. Many are my age, in their 50s, and have health problems they cannot deal with now, also. Several have absolutely NO family members left. It’s not good.

  • slobomotion

    You’ve just said what I’ve been saying for over a year, and I am not alone. I fear there is already a backlash against the few Japanese who managed to get out. They are irradiated and treated like pariahs. I don’t think North Americans realize, the entire West Coast can’t be used for agricultural purposes again, ever.

  • EconCat88

    If she went to Ft. Myers short of funds, and looking for a job, she may be living under a bridge and unable to reply to your messages. 

  • slobomotion

    Thanks! 1986 was a big “terrorist fear” year in the USA, so my spouse at that time and I took a first class trip from London to Venice on the Orient-Express, nothing but first class all the way, meals, accommodations, shopping. We barely saw ANY other Americans and the normally surly Londoners were all smiles and happy to see us spending money! We actually made money on that trip, long story. Americans tend to have a “herd mentality.” They turn chicken quickly!

  • slobomotion

    I have a friend from NYC from decades ago who moved to Ft. Myers 2-3-4 years ago. At first they were delighted (good weather and all) but it quickly became apparent there was nothing doing there. I don’t think they were having any luck finding jobs or anything. She hasn’t answered any of my e-mails for a long time now.

  • kcirdrab

    Interesting posts

  • EconCat88

    Thanks for the update. When I decided to spend a day looking for roads-to-nowhere, and other examples of the economic collapse, I flipped a coin between Cedar Key and Ft. Myers.

  • MarquisdeLafayett

    wow nice hotel ..

  • slobomotion

    The place has a nice vibe. I am uploading a video now with you in mind over on Dailymotion, under “LisaFalour,” and there will be a part two uploaded tonight or tomorrow. I enjoyed sharing this with SunShine8308 and some others. Cool clip!!!!

  • SunShine8308

    In a lot of ways this place is worth the $3m but I think that it is going to have to come down to the low-to-mid $1m figures in order to reach the actual value and sell. When the price of fuel really goes up, people will be quite immobilized, so the real future would be as some kind of collective. -“tarotworldtour”

  • SunShine8308

    I don’t want to get that serious but yes, I would agree that it would take a long time before you could really net the $100. -“tarotworldtour”

  • EconCat88

    Although I was only there one afternoon, I really did sense opportunity there. That, of course, is a rare thing for me to say about any place in the US, especially Florida.

  • OCHomesforsale

    Great video.

  • slobomotion

    The cottage I liked to rent year after year when I could went for over a thousand a week, high season, no air conditioning. The family had a fishing business and lived across the road. They had their up and down years but retired, trained, sold. The new owners were great. But this was up on Cape Cod.

  • slobomotion

    The efficiency cottage I loved to rent was refurbished inside and out and just a few years later I could see the salt water undoing all the hard work. It was such a reliably pleasant place, however, word of mouth and repeat business kept them going, even in harsh recession years. I remember years when Americans feared foreign travel due to “terrorists!” I always went then and enjoyed the sincere warm welcomes from the hungry merchants and all the quiet, ha ha!

  • slobomotion

    Seasonal businesses are so risky. The family who owned the dead place I loved were Portuguese fishermen and the motel/cottages went by word of mouth and tended to be booked way, way in advance. It was inherently fragile. The old couple retired, trained new owners and it was going okay when I was last there, but who knows, now? I went even during “bad” Summers and loved the stormy seas! I guess I was a diehard.

  • slobomotion

    Being so near the water, it is vulnerable, yet oh so pretty! I would check out laws and consider a boarding house/assisted living facility. In some places in the US, you can only rent by the month now — this is the case in NYC, I understand. My friend had a nice B&B there she is no longer allowed to run short stay.

  • kcirdrab

    Interesting & I agree totally agree, …. but would you buy this motel to run as a business on that basis?

    Nature & nothingness doesn’t pay the bills for a complex this size

  • Jennifer W

    The 3 houses question can be found here:
    ronclimer.blogspot.com/2012/10/the-three-house-math-question-on.html

  • jayq503

    lol you sign hahah
    

  • IndraSOUNDInc

    Mr DeFilippi teach him… and help him!

  • climerschool

    Debbie Thanks for the compliment I assume you have watched all nine of my math videos. If not watch them. They are the math you need to do to pass your state exam. Also take my practice test on my website at

  • Debbie Small

    went to Bob Hogue. Passed class exam on first try. The teacher was I assume good at showing property. She was a poor instructor. She took the real estate exam 30 years ago. She couldn’t do any of the math. She also told a lot of personal silly stories. I wish I had just taken it online. She told us to go home & study. I did. Thanks Ron. I am preparing for my state exam now.

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