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  • August 11, 2009 at 5:20 PM #444522
    mgoldberg
    Participant

    Hi kcal,

    I have been following it. What would you like to know?

    August 11, 2009 at 11:15 PM #443817
    kcal09
    Participant

    I’ve been thinking of investing in a 1 bedroom condo at Verano. The prices seem to be very attractive right now. Any thoughts on how much I should offer on a short sale? How easy are they to rent out?

    August 11, 2009 at 11:15 PM #444012
    kcal09
    Participant

    I’ve been thinking of investing in a 1 bedroom condo at Verano. The prices seem to be very attractive right now. Any thoughts on how much I should offer on a short sale? How easy are they to rent out?

    August 11, 2009 at 11:15 PM #444350
    kcal09
    Participant

    I’ve been thinking of investing in a 1 bedroom condo at Verano. The prices seem to be very attractive right now. Any thoughts on how much I should offer on a short sale? How easy are they to rent out?

    August 11, 2009 at 11:15 PM #444418
    kcal09
    Participant

    I’ve been thinking of investing in a 1 bedroom condo at Verano. The prices seem to be very attractive right now. Any thoughts on how much I should offer on a short sale? How easy are they to rent out?

    August 11, 2009 at 11:15 PM #444597
    kcal09
    Participant

    I’ve been thinking of investing in a 1 bedroom condo at Verano. The prices seem to be very attractive right now. Any thoughts on how much I should offer on a short sale? How easy are they to rent out?

    August 12, 2009 at 7:04 AM #443842
    temeculaguy
    Participant

    I haven’t seen anyone mention the price of the various units, just the rent. In the OP’s case, how much are they going for? There are rents quoted for various units ranging from 900 to 1500 but no menion of cost, for those of us keeping score at home, it would be nice to know the purchase price in formulating advice.

    August 12, 2009 at 7:04 AM #444037
    temeculaguy
    Participant

    I haven’t seen anyone mention the price of the various units, just the rent. In the OP’s case, how much are they going for? There are rents quoted for various units ranging from 900 to 1500 but no menion of cost, for those of us keeping score at home, it would be nice to know the purchase price in formulating advice.

    August 12, 2009 at 7:04 AM #444375
    temeculaguy
    Participant

    I haven’t seen anyone mention the price of the various units, just the rent. In the OP’s case, how much are they going for? There are rents quoted for various units ranging from 900 to 1500 but no menion of cost, for those of us keeping score at home, it would be nice to know the purchase price in formulating advice.

    August 12, 2009 at 7:04 AM #444443
    temeculaguy
    Participant

    I haven’t seen anyone mention the price of the various units, just the rent. In the OP’s case, how much are they going for? There are rents quoted for various units ranging from 900 to 1500 but no menion of cost, for those of us keeping score at home, it would be nice to know the purchase price in formulating advice.

    August 12, 2009 at 7:04 AM #444622
    temeculaguy
    Participant

    I haven’t seen anyone mention the price of the various units, just the rent. In the OP’s case, how much are they going for? There are rents quoted for various units ranging from 900 to 1500 but no menion of cost, for those of us keeping score at home, it would be nice to know the purchase price in formulating advice.

    August 12, 2009 at 8:09 AM #443852
    mgoldberg
    Participant

    Hi Kcal,

    Post a bogus ad on Craigslist and see how many hits you get at various price levels. It’s a decent sized investment and that’s the only way to see how rentable it is at the income you want. Be sure to post it with some pictures because people narrow out the ones without images.

    I would offer 1-3% below the comps that sold in the last few months.

    Matt

    August 12, 2009 at 8:09 AM #444047
    mgoldberg
    Participant

    Hi Kcal,

    Post a bogus ad on Craigslist and see how many hits you get at various price levels. It’s a decent sized investment and that’s the only way to see how rentable it is at the income you want. Be sure to post it with some pictures because people narrow out the ones without images.

    I would offer 1-3% below the comps that sold in the last few months.

    Matt

    August 12, 2009 at 8:09 AM #444385
    mgoldberg
    Participant

    Hi Kcal,

    Post a bogus ad on Craigslist and see how many hits you get at various price levels. It’s a decent sized investment and that’s the only way to see how rentable it is at the income you want. Be sure to post it with some pictures because people narrow out the ones without images.

    I would offer 1-3% below the comps that sold in the last few months.

    Matt

    August 12, 2009 at 8:09 AM #444453
    mgoldberg
    Participant

    Hi Kcal,

    Post a bogus ad on Craigslist and see how many hits you get at various price levels. It’s a decent sized investment and that’s the only way to see how rentable it is at the income you want. Be sure to post it with some pictures because people narrow out the ones without images.

    I would offer 1-3% below the comps that sold in the last few months.

    Matt

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