- This topic has 250 replies, 32 voices, and was last updated 16 years, 5 months ago by temeculaguy.
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June 13, 2008 at 1:07 PM #222760June 13, 2008 at 1:22 PM #222605waiting hawkParticipant
Also for most us old timers, we already won. Did everyone forget all the people that laughed at us years ago (can you imagine me when I had my site up and the emails I used to get)? That is why I say I can lose little on a cabin but still be diversified enough to still have 20%+ for the primary. If anyone thinks I am calling bottom maybe just needs to check out my videos on youtube I had on for years.
http://www.youtube.com/user/john67elco
Both my purchases were 1999-2000 prices…… Maybe I shouldve waited for 1996 prices? lol.
June 13, 2008 at 1:22 PM #222710waiting hawkParticipantAlso for most us old timers, we already won. Did everyone forget all the people that laughed at us years ago (can you imagine me when I had my site up and the emails I used to get)? That is why I say I can lose little on a cabin but still be diversified enough to still have 20%+ for the primary. If anyone thinks I am calling bottom maybe just needs to check out my videos on youtube I had on for years.
http://www.youtube.com/user/john67elco
Both my purchases were 1999-2000 prices…… Maybe I shouldve waited for 1996 prices? lol.
June 13, 2008 at 1:22 PM #222723waiting hawkParticipantAlso for most us old timers, we already won. Did everyone forget all the people that laughed at us years ago (can you imagine me when I had my site up and the emails I used to get)? That is why I say I can lose little on a cabin but still be diversified enough to still have 20%+ for the primary. If anyone thinks I am calling bottom maybe just needs to check out my videos on youtube I had on for years.
http://www.youtube.com/user/john67elco
Both my purchases were 1999-2000 prices…… Maybe I shouldve waited for 1996 prices? lol.
June 13, 2008 at 1:22 PM #222756waiting hawkParticipantAlso for most us old timers, we already won. Did everyone forget all the people that laughed at us years ago (can you imagine me when I had my site up and the emails I used to get)? That is why I say I can lose little on a cabin but still be diversified enough to still have 20%+ for the primary. If anyone thinks I am calling bottom maybe just needs to check out my videos on youtube I had on for years.
http://www.youtube.com/user/john67elco
Both my purchases were 1999-2000 prices…… Maybe I shouldve waited for 1996 prices? lol.
June 13, 2008 at 1:22 PM #222769waiting hawkParticipantAlso for most us old timers, we already won. Did everyone forget all the people that laughed at us years ago (can you imagine me when I had my site up and the emails I used to get)? That is why I say I can lose little on a cabin but still be diversified enough to still have 20%+ for the primary. If anyone thinks I am calling bottom maybe just needs to check out my videos on youtube I had on for years.
http://www.youtube.com/user/john67elco
Both my purchases were 1999-2000 prices…… Maybe I shouldve waited for 1996 prices? lol.
June 13, 2008 at 1:27 PM #222611nostradamusParticipantTo contribute to the “poll” I’m a homeowner and I’m looking to own more homes.
If anything, I’ve been looking less for homes lately than I have in the past year, because every time I look I see that most sellers are still in denial, much REO inventory hasn’t hit the market yet, and I don’t even bother with short sales offers because of the nightmares I’ve been reading about from other posters. I have a home, I can wait to buy another. No hurry whatsoever.
I am, however, very tempted to walk over to my neighbor’s places (distressed properties) and offer them cash for 25% less than what they’re asking.
June 13, 2008 at 1:27 PM #222716nostradamusParticipantTo contribute to the “poll” I’m a homeowner and I’m looking to own more homes.
If anything, I’ve been looking less for homes lately than I have in the past year, because every time I look I see that most sellers are still in denial, much REO inventory hasn’t hit the market yet, and I don’t even bother with short sales offers because of the nightmares I’ve been reading about from other posters. I have a home, I can wait to buy another. No hurry whatsoever.
I am, however, very tempted to walk over to my neighbor’s places (distressed properties) and offer them cash for 25% less than what they’re asking.
June 13, 2008 at 1:27 PM #222728nostradamusParticipantTo contribute to the “poll” I’m a homeowner and I’m looking to own more homes.
If anything, I’ve been looking less for homes lately than I have in the past year, because every time I look I see that most sellers are still in denial, much REO inventory hasn’t hit the market yet, and I don’t even bother with short sales offers because of the nightmares I’ve been reading about from other posters. I have a home, I can wait to buy another. No hurry whatsoever.
I am, however, very tempted to walk over to my neighbor’s places (distressed properties) and offer them cash for 25% less than what they’re asking.
June 13, 2008 at 1:27 PM #222761nostradamusParticipantTo contribute to the “poll” I’m a homeowner and I’m looking to own more homes.
If anything, I’ve been looking less for homes lately than I have in the past year, because every time I look I see that most sellers are still in denial, much REO inventory hasn’t hit the market yet, and I don’t even bother with short sales offers because of the nightmares I’ve been reading about from other posters. I have a home, I can wait to buy another. No hurry whatsoever.
I am, however, very tempted to walk over to my neighbor’s places (distressed properties) and offer them cash for 25% less than what they’re asking.
June 13, 2008 at 1:27 PM #222774nostradamusParticipantTo contribute to the “poll” I’m a homeowner and I’m looking to own more homes.
If anything, I’ve been looking less for homes lately than I have in the past year, because every time I look I see that most sellers are still in denial, much REO inventory hasn’t hit the market yet, and I don’t even bother with short sales offers because of the nightmares I’ve been reading about from other posters. I have a home, I can wait to buy another. No hurry whatsoever.
I am, however, very tempted to walk over to my neighbor’s places (distressed properties) and offer them cash for 25% less than what they’re asking.
June 13, 2008 at 6:26 PM #222732HereWeGoParticipantcapeman,
Are there signs of declining rents in Florida? Have you seen investors dive in, looking for bargains, then once again grow nervous as rents decline?
I do believe your neck of the woods is ahead of us out here in sunny Ca.
OT, but you gotta love the action in the Treasury yields — another hedgie wedgie, it looks like, as so many had “curve steepener” bets. When everyone jumps on one side of the trade …
June 13, 2008 at 6:26 PM #222834HereWeGoParticipantcapeman,
Are there signs of declining rents in Florida? Have you seen investors dive in, looking for bargains, then once again grow nervous as rents decline?
I do believe your neck of the woods is ahead of us out here in sunny Ca.
OT, but you gotta love the action in the Treasury yields — another hedgie wedgie, it looks like, as so many had “curve steepener” bets. When everyone jumps on one side of the trade …
June 13, 2008 at 6:26 PM #222848HereWeGoParticipantcapeman,
Are there signs of declining rents in Florida? Have you seen investors dive in, looking for bargains, then once again grow nervous as rents decline?
I do believe your neck of the woods is ahead of us out here in sunny Ca.
OT, but you gotta love the action in the Treasury yields — another hedgie wedgie, it looks like, as so many had “curve steepener” bets. When everyone jumps on one side of the trade …
June 13, 2008 at 6:26 PM #222882HereWeGoParticipantcapeman,
Are there signs of declining rents in Florida? Have you seen investors dive in, looking for bargains, then once again grow nervous as rents decline?
I do believe your neck of the woods is ahead of us out here in sunny Ca.
OT, but you gotta love the action in the Treasury yields — another hedgie wedgie, it looks like, as so many had “curve steepener” bets. When everyone jumps on one side of the trade …
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