- This topic has 65 replies, 8 voices, and was last updated 13 years, 10 months ago by
CA renter.
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January 19, 2011 at 2:37 PM #655936January 19, 2011 at 2:41 PM #656610
UCGal
Participant[quote=sdrealtor]Yes and that is my insurance they wont stay too long. As my mom always taught me, fish and company start to stink after 2 days.[/quote]
Wow – your mom is harsher than Ben Franklin – he gave fish and guests 3 days in the Poor Richard’s Almanac of 1736. LOLJanuary 19, 2011 at 2:41 PM #657078Participant[quote=sdrealtor]Yes and that is my insurance they wont stay too long. As my mom always taught me, fish and company start to stink after 2 days.[/quote]
Wow – your mom is harsher than Ben Franklin – he gave fish and guests 3 days in the Poor Richard’s Almanac of 1736. LOLJanuary 19, 2011 at 2:41 PM #656748Participant[quote=sdrealtor]Yes and that is my insurance they wont stay too long. As my mom always taught me, fish and company start to stink after 2 days.[/quote]
Wow – your mom is harsher than Ben Franklin – he gave fish and guests 3 days in the Poor Richard’s Almanac of 1736. LOLJanuary 19, 2011 at 2:41 PM #656012Participant[quote=sdrealtor]Yes and that is my insurance they wont stay too long. As my mom always taught me, fish and company start to stink after 2 days.[/quote]
Wow – your mom is harsher than Ben Franklin – he gave fish and guests 3 days in the Poor Richard’s Almanac of 1736. LOLJanuary 19, 2011 at 2:41 PM #655951Participant[quote=sdrealtor]Yes and that is my insurance they wont stay too long. As my mom always taught me, fish and company start to stink after 2 days.[/quote]
Wow – your mom is harsher than Ben Franklin – he gave fish and guests 3 days in the Poor Richard’s Almanac of 1736. LOLJanuary 19, 2011 at 11:34 PM #656810CA renter
Participant[quote=Rhett][quote=sdrealtor]One question-If there werent investors willing to snap up good deals and turn them into rentals where would all the Pigg renters live?[/quote]
In a tent in your backyard?[/quote]
🙂
Actually, I don’t have a problem with investors buying multi-family appartments and customary rentals. I do have a problem with them buying up SFHs and preventing families from buying their own homes — “pricing them out of the market” due to the speculation and “inorganic” demand.
If investors were out of the market, for-sale houses would be less expensive, negating the need to bubble-sit in a rental. 😉
Believe me, I have conflicting emotions about this because I’ve been thinking hard about buying our old house back (now for sale again, probably could be had for 50% less than what we sold it for) and using it as a rental. We have the money…the only thing that’s keeping us from doing it are my moral convictions. It’s kept us from flipping, too, even though there were ample opportunities to flip and make some good money. I’m just trying to practice what I preach; but it’s admittedly not easy when “the system” is set up to reward speculators, fraudsters, and deadbeats.
January 19, 2011 at 11:34 PM #656948Participant[quote=Rhett][quote=sdrealtor]One question-If there werent investors willing to snap up good deals and turn them into rentals where would all the Pigg renters live?[/quote]
In a tent in your backyard?[/quote]
🙂
Actually, I don’t have a problem with investors buying multi-family appartments and customary rentals. I do have a problem with them buying up SFHs and preventing families from buying their own homes — “pricing them out of the market” due to the speculation and “inorganic” demand.
If investors were out of the market, for-sale houses would be less expensive, negating the need to bubble-sit in a rental. 😉
Believe me, I have conflicting emotions about this because I’ve been thinking hard about buying our old house back (now for sale again, probably could be had for 50% less than what we sold it for) and using it as a rental. We have the money…the only thing that’s keeping us from doing it are my moral convictions. It’s kept us from flipping, too, even though there were ample opportunities to flip and make some good money. I’m just trying to practice what I preach; but it’s admittedly not easy when “the system” is set up to reward speculators, fraudsters, and deadbeats.
January 19, 2011 at 11:34 PM #656212Participant[quote=Rhett][quote=sdrealtor]One question-If there werent investors willing to snap up good deals and turn them into rentals where would all the Pigg renters live?[/quote]
In a tent in your backyard?[/quote]
🙂
Actually, I don’t have a problem with investors buying multi-family appartments and customary rentals. I do have a problem with them buying up SFHs and preventing families from buying their own homes — “pricing them out of the market” due to the speculation and “inorganic” demand.
If investors were out of the market, for-sale houses would be less expensive, negating the need to bubble-sit in a rental. 😉
Believe me, I have conflicting emotions about this because I’ve been thinking hard about buying our old house back (now for sale again, probably could be had for 50% less than what we sold it for) and using it as a rental. We have the money…the only thing that’s keeping us from doing it are my moral convictions. It’s kept us from flipping, too, even though there were ample opportunities to flip and make some good money. I’m just trying to practice what I preach; but it’s admittedly not easy when “the system” is set up to reward speculators, fraudsters, and deadbeats.
January 19, 2011 at 11:34 PM #656151Participant[quote=Rhett][quote=sdrealtor]One question-If there werent investors willing to snap up good deals and turn them into rentals where would all the Pigg renters live?[/quote]
In a tent in your backyard?[/quote]
🙂
Actually, I don’t have a problem with investors buying multi-family appartments and customary rentals. I do have a problem with them buying up SFHs and preventing families from buying their own homes — “pricing them out of the market” due to the speculation and “inorganic” demand.
If investors were out of the market, for-sale houses would be less expensive, negating the need to bubble-sit in a rental. 😉
Believe me, I have conflicting emotions about this because I’ve been thinking hard about buying our old house back (now for sale again, probably could be had for 50% less than what we sold it for) and using it as a rental. We have the money…the only thing that’s keeping us from doing it are my moral convictions. It’s kept us from flipping, too, even though there were ample opportunities to flip and make some good money. I’m just trying to practice what I preach; but it’s admittedly not easy when “the system” is set up to reward speculators, fraudsters, and deadbeats.
January 19, 2011 at 11:34 PM #657278Participant[quote=Rhett][quote=sdrealtor]One question-If there werent investors willing to snap up good deals and turn them into rentals where would all the Pigg renters live?[/quote]
In a tent in your backyard?[/quote]
🙂
Actually, I don’t have a problem with investors buying multi-family appartments and customary rentals. I do have a problem with them buying up SFHs and preventing families from buying their own homes — “pricing them out of the market” due to the speculation and “inorganic” demand.
If investors were out of the market, for-sale houses would be less expensive, negating the need to bubble-sit in a rental. 😉
Believe me, I have conflicting emotions about this because I’ve been thinking hard about buying our old house back (now for sale again, probably could be had for 50% less than what we sold it for) and using it as a rental. We have the money…the only thing that’s keeping us from doing it are my moral convictions. It’s kept us from flipping, too, even though there were ample opportunities to flip and make some good money. I’m just trying to practice what I preach; but it’s admittedly not easy when “the system” is set up to reward speculators, fraudsters, and deadbeats.
January 20, 2011 at 8:46 PM #657338JACKQLYN
ParticipantI totatlly agree with you CA Renter. We went through a roller coaster ride on the purchase of our first home on 09.
I’d become so frusterated that I learned to track foreclosure & contact asset managers. It didn’t help that we were FHA buyers. I learned a lot about the dirty game but eventually closed on the best home we ever offered on.
American Dream vs American Greed
January 20, 2011 at 8:46 PM #657476ParticipantI totatlly agree with you CA Renter. We went through a roller coaster ride on the purchase of our first home on 09.
I’d become so frusterated that I learned to track foreclosure & contact asset managers. It didn’t help that we were FHA buyers. I learned a lot about the dirty game but eventually closed on the best home we ever offered on.
American Dream vs American Greed
January 20, 2011 at 8:46 PM #657807ParticipantI totatlly agree with you CA Renter. We went through a roller coaster ride on the purchase of our first home on 09.
I’d become so frusterated that I learned to track foreclosure & contact asset managers. It didn’t help that we were FHA buyers. I learned a lot about the dirty game but eventually closed on the best home we ever offered on.
American Dream vs American Greed
January 20, 2011 at 8:46 PM #656678ParticipantI totatlly agree with you CA Renter. We went through a roller coaster ride on the purchase of our first home on 09.
I’d become so frusterated that I learned to track foreclosure & contact asset managers. It didn’t help that we were FHA buyers. I learned a lot about the dirty game but eventually closed on the best home we ever offered on.
American Dream vs American Greed
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