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  • May 23, 2009 at 10:48 PM #15751
    mgoldberg
    Participant

    I have a few properties within La Jolla and San Diego.

    Now that the values have come down, I am interested in 1br’s within UTC/La Jolla near UCSD. There is several hundred dollars of positive cashflow with 25% down, including PITI + HOA.

    I like 1br’s over larger properties because of the current rent:cost ratios and ease of renting.

    My time horizon is 7 years before re-selling.

    Anyone interested in discussing the positives/negatives?

    Thanks.

    MG

    May 23, 2009 at 11:54 PM #404983
    sunny88
    Participant

    Do you already have specific units in mind?

    May 23, 2009 at 11:54 PM #405676
    sunny88
    Participant

    Do you already have specific units in mind?

    May 23, 2009 at 11:54 PM #405230
    sunny88
    Participant

    Do you already have specific units in mind?

    May 23, 2009 at 11:54 PM #405467
    sunny88
    Participant

    Do you already have specific units in mind?

    May 23, 2009 at 11:54 PM #405529
    sunny88
    Participant

    Do you already have specific units in mind?

    May 24, 2009 at 8:18 AM #405044
    jpinpb
    Participant

    You plan on putting 25% down? Are you confident it won’t come down even 10% more? It could be a long while before prices come up again for condos. Tying up that much money for that length of time w/potential of further depreciation does not concern you? If you have that much money, why are you looking for partners?

    May 24, 2009 at 8:18 AM #405739
    jpinpb
    Participant

    You plan on putting 25% down? Are you confident it won’t come down even 10% more? It could be a long while before prices come up again for condos. Tying up that much money for that length of time w/potential of further depreciation does not concern you? If you have that much money, why are you looking for partners?

    May 24, 2009 at 8:18 AM #405291
    jpinpb
    Participant

    You plan on putting 25% down? Are you confident it won’t come down even 10% more? It could be a long while before prices come up again for condos. Tying up that much money for that length of time w/potential of further depreciation does not concern you? If you have that much money, why are you looking for partners?

    May 24, 2009 at 8:18 AM #405593
    jpinpb
    Participant

    You plan on putting 25% down? Are you confident it won’t come down even 10% more? It could be a long while before prices come up again for condos. Tying up that much money for that length of time w/potential of further depreciation does not concern you? If you have that much money, why are you looking for partners?

    May 24, 2009 at 8:18 AM #405530
    jpinpb
    Participant

    You plan on putting 25% down? Are you confident it won’t come down even 10% more? It could be a long while before prices come up again for condos. Tying up that much money for that length of time w/potential of further depreciation does not concern you? If you have that much money, why are you looking for partners?

    May 24, 2009 at 8:48 AM #405618
    mgoldberg
    Participant

    I am looking at the Verano complex on Charmant. 704 sq feet with 1 br and 1 ba.

    May 24, 2009 at 8:48 AM #405764
    mgoldberg
    Participant

    I am looking at the Verano complex on Charmant. 704 sq feet with 1 br and 1 ba.

    May 24, 2009 at 8:48 AM #405555
    mgoldberg
    Participant

    I am looking at the Verano complex on Charmant. 704 sq feet with 1 br and 1 ba.

    May 24, 2009 at 8:48 AM #405316
    mgoldberg
    Participant

    I am looking at the Verano complex on Charmant. 704 sq feet with 1 br and 1 ba.

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