LMU-DCOM (DeBusk COM) Discussion thread Part 2 2007-2008

[LauraDO]

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am I going to have to pull out the fire hose on you two?

 

[gasapple]

LauraDO - get back over to the forum "Drunk Thread"... 😀

 

[gasapple]

He is a businessman at heart, however, DCOM is his philanthropy.

No doubt. 👍

I Googled, too, and ended up at Facebook - Mr. DeBusk's daughter is part of the Inaugural Class of 2011, right? Dr. Lenz' daughter as well?

http://www.facebook.com/group.php?gid=2232984351

 

[gasapple]

You're special and I love you MJB.

 

[Lamont]

not so much...coincidence.

late merry christmas everyone, im never on here anymore

 

[nascardoc]

No doubt. 👍

I Googled, too, and ended up at Facebook - Mr. DeBusk's daughter is part of the Inaugural Class of 2011, right? Dr. Lenz' daughter as well?

http://www.facebook.com/group.php?gid=2232984351

No, those are not children of either Mr. DeBusk or Dr. Lenz. I believe the DeBusk's are related somehow, not excatly sure, but not close enough to make any difference. There are no relatives of any profs at DCOM.

 

[nascardoc]

Agreed and thanks for the input - as always! Could you kindly reign in your special kids in the other thread? I'm relentless and currently operating on sheer principle alone, from which I have not deviated. I'm physically - and starting to think - more mentally well-endowed, compared to MJB. 😉 I'm just kidding, - well, not on the physical part. **Beating chest**

Don't taze me bro! Don't taze me!

MJB is a great guy - he just likes messin' around with you

 

[gasapple]

MJB is a great guy - he just likes messin' around with you

Likewise.

 

[nascardoc]

I was wondering if anyone could give me some info on the waitlist process. Is it "ranked" or what? What is the overall procedure for pulling from it?

I don't know all of the details about the waitlist, but I can tell you what I know. I don't believe it is ranked, but files are reviewed by the committee to figure out who to take off the list. They won't start pulling people from the list until after the interview season is over, so after April. Once that is done, then the committee meets (weekly?) to figure out who to accept from the list should a spot open up. How all that happens and how they pick, I don't know. From what I remember, about 25 people or so were taken from the list last year.

 

[gasapple]

Yes, I did a google search on Mr. Debusk as others have mentioned, and the only things I can really find is that this guy does not settle for 2nd place. he also does not sound like a guy you want to have as your enemy.

He is a businessman at heart, however, DCOM is his philanthropy.

You make some good points Syncope82:

http://www.deroyal.com/company/boards.htm

Mr. DeBusk's son is also on the board of trustees: http://lmu1.lmunet.edu/cgi-bin/MySQLdb?VIEW=/news/view_one.txt&newsid=236

http://www.deroyal.com/company/awards.htm

http://www.deroyal.com/company/default.asp

 

[InTheMaking]

I just sent in my deposit today!

I plan on staying in student apartments for the first year (even though its probably more expensive).

 

[Syncope82]

I just sent in my deposit today!

I plan on staying in student apartments for the first year (even though its probably more expensive).

I plan on doing the same...may be more expensive, but much more accessible and easier

 

[andrewmlt]

This post is for anyone that may can help. First of all, my wife and I are expecting a child in May, so we are planning to have secured a place to live before the baby arrives. We are planning to look around from now until the little man gets here. I understand apartments are hard to come by, but that would be impossible anyways because we have two dogs. That means we will be looking at renting a house. To get to the point, do any of you know people who own multiple properties in which they rent? We are interested in mainly the Harrogate, Tazewell, New Tazewell, and Middlesboro areas, but not closed to any other areas. If anyone can help us out, we both would greatly appreciate it.

 

[Syncope82]

This post is for anyone that may can help. First of all, my wife and I are expecting a child in May, so we are planning to have secured a place to live before the baby arrives. We are planning to look around from now until the little man gets here. I understand apartments are hard to come by, but that would be impossible anyways because we have two dogs. That means we will be looking at renting a house. To get to the point, do any of you know people who own multiple properties in which they rent? We are interested in mainly the Harrogate, Tazewell, New Tazewell, and Middlesboro areas, but not closed to any other areas. If anyone can help us out, we both would greatly appreciate it.

perhaps, it would be wiser to take out a mortgage? this all depends on your finances of course, now that in 3 years, there will be a greater demand in the area since each of the 4 years will have 150 students, making it a total of 600 possible students looking into buying your house when its time to sell

 

[gasapple]

This post is for anyone that may can help. First of all, my wife and I are expecting a child in May, so we are planning to have secured a place to live before the baby arrives. We are planning to look around from now until the little man gets here. I understand apartments are hard to come by, but that would be impossible anyways because we have two dogs. That means we will be looking at renting a house. To get to the point, do any of you know people who own multiple properties in which they rent? We are interested in mainly the Harrogate, Tazewell, New Tazewell, and Middlesboro areas, but not closed to any other areas. If anyone can help us out, we both would greatly appreciate it.

Might check La Follette, too.

Helpful website:
http://public.kaarmls.com/

From NascarDoc:
As for limits on housing to DCOM (at least where we drove thru), these would be my recommendations, and by no means are these exhaustive, just my wife's and my opinions:

- Going West on TN-63 from DCOM, no farther than LaFollette or Jacksboro. This is a 45-50 minute drive (going 60 mph - approx. 40 miles) from DCOM and from Knoxville. Time wise, it isn't awful, but it is a lot of miles.

- Going South on 25E (or Cumberland Gap Parkway) approximately Sneedville. I can't remember some of the other towns around Sneedville, but it wasn't a bad drive (about 30 minutes). We drove to Morristown, which is past Sneedville, and it is too far for DCOM. It was an hour drive going about 50 miles. But when you are visiting, take this drive because after Sneedville there is a BEAUTIFUL scenic outlook you can pull off on. It is simply stunning.

 

[gasapple]

perhaps, it would be wiser to take out a mortgage? this all depends on your finances of course, now that in 3 years, there will be a greater demand in the area since each of the 4 years will have 150 students, making it a total of 600 possible students looking into buying your house when its time to sell

Based on the duration as well as the re-sale woes in the current market, a short-term mortgage calls for further consideration. From a market standpoint, rural areas aren't movers. I'd only buy a house just north of Knoxville (based on creeping urban sprawl) where you're likely to sell quickly. If you want to hang onto a vacation house in the hills, then by all means go with a mortgage property in the aforementioned areas. I'm basing most of this logic on the fact that it's likely you all would need to move prior to starting your 3rd year, depending on clinical locations. The mortgage hassle likely would not be worth it.

However, your edit poses a valid point but I would not want to rely on any single student coming along and wanting the same house - unless it was in proximity to the school (i.e. not La Follette or Tazewell - Middlesboro and Cumberland Gap might be practical). For one, there are numerous outlying areas and a good portion of students will be utilizing student housing based on recent informal polls.

A mortgage (second mortg. for me) there near Harrogate in the short term (<3-4 years) would be too risky, IMO.

 

[Syncope82]

Based on the duration as well as the re-sale woes in the current market, a short-term mortgage might require further consideration. It's likely you all would need to move prior to starting your 3rd year, depending on clinicals.

well they are saying the housing market will rebound in 2009. So it is best to buy houses while the prices are low and sell later when they will become higher.

It is an excellent buying market, and a crappy selling market when it comes to real estate right now.

Don't settle for a short-term mortgage either. go with a 30 year to minimize the monthly payments

 

[gasapple]

well they are saying the housing market will rebound in 2009. So it is best to buy houses while the prices are low and sell later when they will become higher.

It is an excellent buying market, and a crappy selling market when it comes to real estate right now.

Don't settle for a short-term mortgage either. go with a 30 year to minimize the monthly payments

Based on my experience as a real estate broker, I still wouldn't buy there in the hills unless you want to be left holding an Appalachian vacation home. I wasn't referring to a non-fixed or ARM (hell no), I was referring to the timeline alone for most students - too short of a timeframe (likely 2 years before a move required based on commute). Too risky for me unless, as I've already said, it's a bit north of Knoxville (where sprawl will increase demand as it currently is) and not so close to Harrogate.

 

[Syncope82]

Based on my experience as a real estate broker, I still wouldn't buy there in the hills unless you want to be left holding an Appalachian vacation home. I wasn't referring to a non-fixed or ARM (hell no), I was referring to the timeline alone for most students - too short of a timeframe (likely 2 years before a move required based on commute). Too risky for me unless, as I've already said, it's a bit north of Knoxville (where sprawl will increase demand as it currently is) and not so close to Harrogate.

well yea...but he has a family. so his wife may work in the future and the only place she can prob find one is in Knoxville...so living half way where properties may be of a greater value may be good to look at

 

[gasapple]

well yea...but he has a family. so his wife may work in the future and the only place she can prob find one is in Knoxville...so living half way where properties may be of a greater value may be good to look at

Uh, ya - that's really what I already said. Whether or not his wife works is irrelevant to my rationale here. I don't think we are on the same page in the least but hopefully, the user who posed the question will find some nuggets of wisdom somewhere around here regarding living locations and the real estate market in those areas. If buying, north of Knoxville gets (near current sprawl if commute doable but not necessarily "half way") my vote.

 

[gasapple]

well they are saying the housing market will rebound in 2009.

The Mayans are saying the world will end in 2012, too.

Fact is, some markets are just going to move more than others regardless of the real estate climate. Rural areas don't tend to move well at ANY time unless they are gobbled up by sprawl or sniped by wealthy retirees.

 

[gasapple]

well yea...but he has a family. so his wife may work in the future and the only place she can prob find one is in Knoxville...so living half way where properties may be of a greater value may be good to look at

Thanks for the recap, I read his post thoroughly.

 

[Syncope82]

Thanks for the recap, I read his post thoroughly.

lol...case settled...now let's go party in the cave....does that really happen btw at DCOM? 😀

 

[gasapple]

lol...case settled...now let's go party in the cave....does that really happen btw? 😀

I wanted to multi-post and besides, it wasn't identical information. WTF are you talking about? Nevermind, don't answer that.

You're in luck, your bus is about to pick you up for the cave party. You won't need your helmet though.


http://www.gamertagpics.com/messages/THEASSKICKER/eds%20short%20bus.jpg <===Syncope82

 

[Syncope82]

You're in luck, your bus is about to pick you up for the cave party. You won't need your helmet though.

also, you know there is an edit button, so you don't have to multi post, right? I believe that's considered proper thread etiquette as well as bringing up old threads. 😛 Just giving you a hard time

 

[gasapple]

also, you know there is an edit button, so you don't have to multi post, right? I believe that's considered proper thread etiquette as well as bringing up old threads. 😛 Just giving you a hard time

WTF? Nevermind, please keep your helmet on Syncope82.

 

[Syncope82]

WTF? Nevermind, please keep your helmet on Syncope82.

that's right! no need to be a serial multiposter!.....to put it in your own words "mods and users grow weary of... take it for what it is and try not to be overly defensive about it, which is typically mistake number two." 😀

mods and users grow weary of... take it for what it is and try not to be overly defensive about it, which is typically mistake number two.

I'm just joking 😛

 

[gasapple]

You make no sense whatsoever. Context matters in the real world.

http://www.gamertagpics.com/messages/THEASSKICKER/eds%20short%20bus.jpg


Carry on, this is all noob-a-licious.

 

[gasapple]

[YOUTUBE]http://www.youtube.com/watch?v=Cd-U82u4J3A[/YOUTUBE]

 

[MJB]

Didn't gassyapple mention owning some property in Maynardville?

Hah....

If I had the extra cash, I'd be buying all the decent 2 and 3 BR houses in Harrogate that I could get my hands on...and making them rental properties.

 

[gasapple]

Didn't gassyapple mention owning some property in Maynardville?

Hah....

If I had the extra cash, I'd be buying all the decent 2 and 3 BR houses in Harrogate that I could get my hands on...and making them rental properties.

It's a hunting lease near Maynardville. Got your holiday antlers here for our post-Oasis party!

 

[gasapple]

If I had the extra cash, I'd be buying all the decent 2 and 3 BR houses in Harrogate that I could get my hands on...and making them rental properties.

Yea, that sounds just brilliant. You should do it MJB. 👍

 

[Syncope82]

Yea, that sounds just brilliant. You should do it MJB. 👍

once again....the edit button please 😀
is this how you get your post count up?

 

[gasapple]

once again....the edit button please 😀
is this how you get your post count up?

You have no idea what you're talking about, as usual. There's nothing in the SDN terms of use regarding multiple posts containing different information. in addition, there is not a mandate that states one is required to multi-quote anywhere in this forum.

I think I've figured it out, you must be MJBs "special" girlfriend.

You can all rest-assured, I'm not going to go away now. This thread rules - and so does SDN!

 

[ThisIsYourLife]

once again....the edit button please 😀
is this how you get your post count up?

wow. do people really care about post count? on sdn? please. she can post as many times as she likes.

 

[gasapple]

wow. do people really care about post count? on sdn? please. she can post as many times as she likes.

That's right. 👍

 

[Syncope82]

wow. do people really care about post count? on sdn? please. she can post as many times as she likes.

please, i would say it's more of an inside joke...gasapple was busting me on replying to old threads so now I'm busting on him/her on multiple posts

no need to be an instigator 😉

 

[Syncope82]

I think I've figured it out, you must be MJBs "special" girlfriend.

lol..looks like you have a gf too now...(thisisyourlife) 😍

 

[gasapple]

please, i would say it's more of an inside joke...gasapple was busting me on replying to old threads so now I'm busting on him/her on multiple posts

no need to be an instigator 😉

You haven't busted me on anything - noobs aren't allowed, didn't you get the memo? If I choose to post a few times in response to certain portions of another post, I will. My sarcasm towards you is legit - and was harmless, really. Counting my posts is hardly anything worth mentioning. But feel free... it's funny that you won't "let it go, Louie". Defensive much? Wear your helment!

Now go chase your ball and revive some year-old threads and answer them as though they were current. It's all good in the realm of sunny DCOM promotion.

 

[Syncope82]

You haven't busted me on anything - noobs aren't allowed, didn't you get the memo? If I choose to post a few times in response to certain portions of another post, I will. My sarcasm towards you is legit - and was harmless, really. Counting my posts is hardly anything worth mentioning. But feel free... it's funny that you won't "let it go, Louie". Defensive much? Wear your helment!

Now go chase your ball and revive some year-old threads and answer them as though they were current. It's all good in the realm of sunny DCOM promotion.

multiposting does not fly on other boards...especially those boards were "reputation" is of primary concern such as NBR. Perhaps, SDN is an exception to the multiposting rule...but in many other forums...you would get scolded for it...

I'm a noob? so what? does that make me inferior? is that a form of online discrmination? are you superior because you have been registered here on SDN longer? is your blood the color of gold?

so..please don't start with the noob thing...it's over played and quite childish

 

[gasapple]

multiposting does not fly on other boards...especially those boards were "reputation" is of primary concern such as NBR. Perhaps, SDN is an exception to the multiposting rule...but in many other forums...you would get scolded for it...

I'm a noob? so what? does that make me inferior? is that a form of online discrmination? are you superior because you have been registered here on SDN longer? is your blood the color of gold?

so..please don't start with the noob thing...it's over played and quite childish

You still have no idea what you're talking about but you're right, you're not a noob 😛. I was just trying to give you benefit of the doubt related to your obvious condition. You still won't let that sarcasm go from me calling you on the old thread revival... unbelievable. Carry on - but wear your helmet, please!

 

[Syncope82]

You still have no idea what you're talking about but you're right, you're not a noob 😛. I was just trying to give you benefit of the doubt related to your obvious condition. You still won't let that sarcasm go from me calling you on the old thread revival... unbelievable. Carry on - but wear your helmet, please!

not holding grudges...but I am playing along

 

[gasapple]

not holding grudges...but I am playing along

By all means... I welcome it and now I feel like I'm a part of this thread moreso than ever!

Oh - btw, I don't give a **** about other forums/boards. SDN is where it's at and I know the game here.

You should get MJB back on here so you have some support with regard to the irrational.

 

[nascardoc]

This post is for anyone that may can help. First of all, my wife and I are expecting a child in May, so we are planning to have secured a place to live before the baby arrives. We are planning to look around from now until the little man gets here. I understand apartments are hard to come by, but that would be impossible anyways because we have two dogs. That means we will be looking at renting a house. To get to the point, do any of you know people who own multiple properties in which they rent? We are interested in mainly the Harrogate, Tazewell, New Tazewell, and Middlesboro areas, but not closed to any other areas. If anyone can help us out, we both would greatly appreciate it.

I would PM Marthea007 on this thread (or Part 1 if she is not on Part 2). Her landlord owns several properties. Honestly, renting with animals is pretty difficult (why I don't know since everyone around there has animals), so if you can find one that you like, jump on it quickly.

perhaps, it would be wiser to take out a mortgage? this all depends on your finances of course, now that in 3 years, there will be a greater demand in the area since each of the 4 years will have 150 students, making it a total of 600 possible students looking into buying your house when its time to sell

Definitely a valid point. Demend is going to be huge in the area with the school and all of the various programs being implemented over the next few years.

Might check La Follette, too.

Helpful website:
http://public.kaarmls.com/

From NascarDoc:
As for limits on housing to DCOM (at least where we drove thru), these would be my recommendations, and by no means are these exhaustive, just my wife's and my opinions:

- Going West on TN-63 from DCOM, no farther than LaFollette or Jacksboro. This is a 45-50 minute drive (going 60 mph - approx. 40 miles) from DCOM and from Knoxville. Time wise, it isn't awful, but it is a lot of miles.

- Going South on 25E (or Cumberland Gap Parkway) approximately Sneedville. I can't remember some of the other towns around Sneedville, but it wasn't a bad drive (about 30 minutes). We drove to Morristown, which is past Sneedville, and it is too far for DCOM. It was an hour drive going about 50 miles. But when you are visiting, take this drive because after Sneedville there is a BEAUTIFUL scenic outlook you can pull off on. It is simply stunning.

Wow, this is an old post . I am going to write a sepeate post about places to live since this is such a common question. I want to emphasize that the post is in reference to 25E, not 33 which is where New Tazewell, Tazewell, Maynardville are at. You travel in the same direction for awhile, but you have to turn to continue on 25. I would highly recommend the drive to Maynardville over Sneedville, which would be last on my list.

Based on the duration as well as the re-sale woes in the current market, a short-term mortgage calls for further consideration. From a market standpoint, rural areas aren't movers. I'd only buy a house just north of Knoxville (based on creeping urban sprawl) where you're likely to sell quickly. If you want to hang onto a vacation house in the hills, then by all means go with a mortgage property in the aforementioned areas. I'm basing most of this logic on the fact that it's likely you all would need to move prior to starting your 3rd year, depending on clinical locations. The mortgage hassle likely would not be worth it.

However, your edit poses a valid point but I would not want to rely on any single student coming along and wanting the same house - unless it was in proximity to the school (i.e. not La Follette or Tazewell - Middlesboro and Cumberland Gap might be practical). For one, there are numerous outlying areas and a good portion of students will be utilizing student housing based on recent informal polls.

A mortgage (second mortg. for me) there near Harrogate in the short term (<3-4 years) would be too risky, IMO.

If one were to do a mortgage and sell the house after the first 2 years (thus you will not be renting it out), I would recommend doing a 5/1 ARM versus a 30 year fixed. This way you get the lowest payment possible. But if you are going to buy and want to rent it, then I would do a 30 year fixed.

 

[nascardoc]

I think Sync and Gas are bored 😴

 

[gasapple]

My point was that it's not about low payments as such, it's about the hassle of re-sale in a possible slow market and definitely in a slow moving area after such a short duration.

I also don't think demand will be as high as you are predicting based on student housing as well as the generally dispersed nature of that area - but I've already stated this.

 

[gasapple]

I think Sync and Gas are bored 😴

Heh 😎. Not really. I just despise intentionally propagated misinformation (due to general naivety) when everything isn't really all sunshine and puppies. It's good to be positive but not overly so when there are real factors to consider. However, I do like sunshine and puppies but not when it comes to someone's future and decision-making. I simply don't agree with a number of things here and have voiced accordingly.

 

[Syncope82]

My point was that it's not about low payments as such, it's about the hassle of re-sale in a possible slow market and definitely in a slow moving area after such a short duration.

I also don't think demand will be as high as you are predicting based on student housing as well as the generally dispersed nature of that area - but I've already stated this.

Unless you have a significant savings account, students would probably want to aim for the lowest monthly rate instead of worrying about the hassle of re-sale. The area WILL bring in a great population looking to buy instead of rent, so things only have a chance to improve.

Stock markets are up and down...currently it is in the down...but in a few years, the cycle will put it back on the 'up' range

 

[gasapple]

Unless you have a significant savings account, students would probably want to aim for the lowest monthly rate instead of worrying about the hassle of re-sale. The area WILL bring in a great population looking to buy instead of rent, so things only have a chance to improve.

Stock markets are up and down...currently it is in the down...but in a few years, the cycle will put it back on the 'up' range

The that's just plain short-sighted and based almost solely on prediction. 👎
You can convince yourself of whatever you want to justify your decisions.

Hope for the best and prepare for the worst, I say.

Stock market has little bearing on this conversation. Analysts have also been saying a recession is in the offing. I'm glad your crystal ball is working better than those who are educated on such matters. You really tend to bring irrelevancy and nearsightedness to this conversation.

There's nothing to disprove here. My opinion is just that.

 

[gasapple]

[YOUTUBE]http://www.youtube.com/watch?v=tqJRLP2Xj_I[/YOUTUBE]