Areas that buying makes sense

[(former)FormerSanDiegan]

[quote=ibjames][quote=sdduuuude]I’d say not yet in Clairemont.

A basic, 3BR, 2BA, 2CG at 1200 sq. ft. on a 5500-6000 Sq. ft lot with dated interior is going to run about 410 K +/- 30K depending on the location. I suspect they would rent for about 2K/month +/- $200.

Also – keep a watchful eye on rents and run some “what if” scenarios to see what lower rents would do to your your plans.[/quote]

The one thing that bothers me in Clairemont is the 3/1 bath places, you would think they would go down in price much faster
[/quote]

If you can buy a place in Clairemont for 400K with 20% down at 5.5% interest, it is roughly equivalent to rent at $1900 per month or less for those making 100K or more.

I think it can make sense at those levels for owner occupied.

[sdduuuude]

Getting there, but I’d guess the depreciation is still a “gotcha”

[sdduuuude]

Getting there, but I’d guess the depreciation is still a “gotcha”

[sdduuuude]

Getting there, but I’d guess the depreciation is still a “gotcha”

[sdduuuude]

Getting there, but I’d guess the depreciation is still a “gotcha”

[sdduuuude]

Getting there, but I’d guess the depreciation is still a “gotcha”

[LAAFTERHOURS]

The location of clairmont is great. Maybe in the next bubble a bunch of builder will come in and buy out all the crappy properties and build new homes on the premium lots.

Until then, most of the area is ghetto.

[LAAFTERHOURS]

The location of clairmont is great. Maybe in the next bubble a bunch of builder will come in and buy out all the crappy properties and build new homes on the premium lots.

Until then, most of the area is ghetto.

[LAAFTERHOURS]

The location of clairmont is great. Maybe in the next bubble a bunch of builder will come in and buy out all the crappy properties and build new homes on the premium lots.

Until then, most of the area is ghetto.

[LAAFTERHOURS]

The location of clairmont is great. Maybe in the next bubble a bunch of builder will come in and buy out all the crappy properties and build new homes on the premium lots.

Until then, most of the area is ghetto.

[LAAFTERHOURS]

The location of clairmont is great. Maybe in the next bubble a bunch of builder will come in and buy out all the crappy properties and build new homes on the premium lots.

Until then, most of the area is ghetto.

[4plexowner]

“for those making 100K or more”

just curious – how many families making $100K or more are interested in living in the $400K Clairemont house?

we’re most likely talking 3/1, 1000 SQFT with 1 car garage – built in 1950’s and most likely needs serious updating

to each their own

[4plexowner]

“for those making 100K or more”

just curious – how many families making $100K or more are interested in living in the $400K Clairemont house?

we’re most likely talking 3/1, 1000 SQFT with 1 car garage – built in 1950’s and most likely needs serious updating

to each their own

[4plexowner]

“for those making 100K or more”

just curious – how many families making $100K or more are interested in living in the $400K Clairemont house?

we’re most likely talking 3/1, 1000 SQFT with 1 car garage – built in 1950’s and most likely needs serious updating

to each their own

[4plexowner]

“for those making 100K or more”

just curious – how many families making $100K or more are interested in living in the $400K Clairemont house?

we’re most likely talking 3/1, 1000 SQFT with 1 car garage – built in 1950’s and most likely needs serious updating

to each their own

[Author]

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