This is very interesting. I am saving for my first home purchase. Unlike flippers I dont look at it as pure investment but a place to live in a long time. My job is a 3 year contract with possible renewals. Work is plenty in technology in southern California. I plan to save up 100k as a down payment on a home. When should I buy? I rent a room currently for 550 per month which is dirt cheap and includes house privileges. My taxes are 10k per month since I am single and have no extra deductions. I could incorporate and use that but it would take some time and planning. Homes do not seem to depreciate much in coaster Los Angeles and Ventura that I am aware of.
