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October 3, 2009 at 10:20 AM #464091October 3, 2009 at 10:30 AM #463282temeculaguyParticipant
crap, that sfr is a short, my bad, but there are others that are similar that are not shorts, I try not to use shorts for examples. Unfortunately by the time I finish writing a post, the reo’s are sold and the link doesn’t work before the first person reads it, so maybe it’s better that I used that example.
October 3, 2009 at 10:30 AM #463474temeculaguyParticipantcrap, that sfr is a short, my bad, but there are others that are similar that are not shorts, I try not to use shorts for examples. Unfortunately by the time I finish writing a post, the reo’s are sold and the link doesn’t work before the first person reads it, so maybe it’s better that I used that example.
October 3, 2009 at 10:30 AM #463818temeculaguyParticipantcrap, that sfr is a short, my bad, but there are others that are similar that are not shorts, I try not to use shorts for examples. Unfortunately by the time I finish writing a post, the reo’s are sold and the link doesn’t work before the first person reads it, so maybe it’s better that I used that example.
October 3, 2009 at 10:30 AM #463891temeculaguyParticipantcrap, that sfr is a short, my bad, but there are others that are similar that are not shorts, I try not to use shorts for examples. Unfortunately by the time I finish writing a post, the reo’s are sold and the link doesn’t work before the first person reads it, so maybe it’s better that I used that example.
October 3, 2009 at 10:30 AM #464096temeculaguyParticipantcrap, that sfr is a short, my bad, but there are others that are similar that are not shorts, I try not to use shorts for examples. Unfortunately by the time I finish writing a post, the reo’s are sold and the link doesn’t work before the first person reads it, so maybe it’s better that I used that example.
October 3, 2009 at 11:49 AM #463302NotCrankyParticipantEncanto would be one for me. Se Habla Espanol. Of the Heights, Normal Heights worked out pretty well in the last couple of decades. I would eliminate it now based on it’s success potential being largely behind it… except for condos and lots where zoning is not maximized, of which there are still a few. Condos in Normal heights, sure. I would get a few blocks off the main streets to avoid potential eminent domain forced sales. Check planning.
In general,No Way I would buy a rental without speculation on appreciation. Sure the numbers have to crunch w/o it, but I would still at least try to make a best guess on appreciation potential.
I like all the neighborhoods FSD mentions too. I think they lean towards a more comfortable landlord experience, but not necessarily best investment return…but good enough if you want to avoid rougher areas.
This just reflects more on what I know and what I think I know how to work, than what is best.
Sometimes you want to buy something that you might live in in the future. Think that out well if it is a possibility. My wife and I consider buying our “empty nester” place as a rental sometime in the next few years.
October 3, 2009 at 11:49 AM #463494NotCrankyParticipantEncanto would be one for me. Se Habla Espanol. Of the Heights, Normal Heights worked out pretty well in the last couple of decades. I would eliminate it now based on it’s success potential being largely behind it… except for condos and lots where zoning is not maximized, of which there are still a few. Condos in Normal heights, sure. I would get a few blocks off the main streets to avoid potential eminent domain forced sales. Check planning.
In general,No Way I would buy a rental without speculation on appreciation. Sure the numbers have to crunch w/o it, but I would still at least try to make a best guess on appreciation potential.
I like all the neighborhoods FSD mentions too. I think they lean towards a more comfortable landlord experience, but not necessarily best investment return…but good enough if you want to avoid rougher areas.
This just reflects more on what I know and what I think I know how to work, than what is best.
Sometimes you want to buy something that you might live in in the future. Think that out well if it is a possibility. My wife and I consider buying our “empty nester” place as a rental sometime in the next few years.
October 3, 2009 at 11:49 AM #463838NotCrankyParticipantEncanto would be one for me. Se Habla Espanol. Of the Heights, Normal Heights worked out pretty well in the last couple of decades. I would eliminate it now based on it’s success potential being largely behind it… except for condos and lots where zoning is not maximized, of which there are still a few. Condos in Normal heights, sure. I would get a few blocks off the main streets to avoid potential eminent domain forced sales. Check planning.
In general,No Way I would buy a rental without speculation on appreciation. Sure the numbers have to crunch w/o it, but I would still at least try to make a best guess on appreciation potential.
I like all the neighborhoods FSD mentions too. I think they lean towards a more comfortable landlord experience, but not necessarily best investment return…but good enough if you want to avoid rougher areas.
This just reflects more on what I know and what I think I know how to work, than what is best.
Sometimes you want to buy something that you might live in in the future. Think that out well if it is a possibility. My wife and I consider buying our “empty nester” place as a rental sometime in the next few years.
October 3, 2009 at 11:49 AM #463912NotCrankyParticipantEncanto would be one for me. Se Habla Espanol. Of the Heights, Normal Heights worked out pretty well in the last couple of decades. I would eliminate it now based on it’s success potential being largely behind it… except for condos and lots where zoning is not maximized, of which there are still a few. Condos in Normal heights, sure. I would get a few blocks off the main streets to avoid potential eminent domain forced sales. Check planning.
In general,No Way I would buy a rental without speculation on appreciation. Sure the numbers have to crunch w/o it, but I would still at least try to make a best guess on appreciation potential.
I like all the neighborhoods FSD mentions too. I think they lean towards a more comfortable landlord experience, but not necessarily best investment return…but good enough if you want to avoid rougher areas.
This just reflects more on what I know and what I think I know how to work, than what is best.
Sometimes you want to buy something that you might live in in the future. Think that out well if it is a possibility. My wife and I consider buying our “empty nester” place as a rental sometime in the next few years.
October 3, 2009 at 11:49 AM #464117NotCrankyParticipantEncanto would be one for me. Se Habla Espanol. Of the Heights, Normal Heights worked out pretty well in the last couple of decades. I would eliminate it now based on it’s success potential being largely behind it… except for condos and lots where zoning is not maximized, of which there are still a few. Condos in Normal heights, sure. I would get a few blocks off the main streets to avoid potential eminent domain forced sales. Check planning.
In general,No Way I would buy a rental without speculation on appreciation. Sure the numbers have to crunch w/o it, but I would still at least try to make a best guess on appreciation potential.
I like all the neighborhoods FSD mentions too. I think they lean towards a more comfortable landlord experience, but not necessarily best investment return…but good enough if you want to avoid rougher areas.
This just reflects more on what I know and what I think I know how to work, than what is best.
Sometimes you want to buy something that you might live in in the future. Think that out well if it is a possibility. My wife and I consider buying our “empty nester” place as a rental sometime in the next few years.
October 3, 2009 at 1:38 PM #463316HobieParticipantExcellent thoughts Econ and TG.
Vegas or IE? I was wondering about Nevada becoming more the retirement destination due to the no personal income tax.
Senior renters are good tenants.
October 3, 2009 at 1:38 PM #463509HobieParticipantExcellent thoughts Econ and TG.
Vegas or IE? I was wondering about Nevada becoming more the retirement destination due to the no personal income tax.
Senior renters are good tenants.
October 3, 2009 at 1:38 PM #463854HobieParticipantExcellent thoughts Econ and TG.
Vegas or IE? I was wondering about Nevada becoming more the retirement destination due to the no personal income tax.
Senior renters are good tenants.
October 3, 2009 at 1:38 PM #463927HobieParticipantExcellent thoughts Econ and TG.
Vegas or IE? I was wondering about Nevada becoming more the retirement destination due to the no personal income tax.
Senior renters are good tenants.
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