Menu

Home › Forums › Housing › I really really really want to buy, soon

Viewing 15 posts - 166 through 180 (of 436 total)
1 2 3 … 11 12 13 … 28 29 30
  • Author
    Posts
  • December 25, 2007 at 4:15 PM #124372
    SD Realtor
    Participant

    Bobs good point regarding market momentum.

    RO understand that my stance regarding the advice to 125 is based on his/her demographic. If he/she posts that there is a family involved looking for a school district and a place to set down roots for a long haul then that would be different. However for a young professional who is single, making over 150k in this market, who has never owned a home it seems like waiting a bit longer is much more prudent advice. Consider how much cash he/she could bank while waiting.

    Furthermore I feel that any advice to a person that includes getting roommates to subsidize the cost of the investment is poor advice.You own a home so you don’t have to tolerate roommates, vacancies, pains in the asses, landlords, etc.

    SD Realtor

    December 25, 2007 at 4:53 PM #124130
    RatherOpinionated
    Participant

    By roommate I didn’t mean stranger, that wouldn’t be worth it. I only meant if he is 29 and single, surely he has friends that are currently renting, and having them move in (even if just for a year or two), could help to more easily justify the decision.

    December 25, 2007 at 4:53 PM #124278
    RatherOpinionated
    Participant

    By roommate I didn’t mean stranger, that wouldn’t be worth it. I only meant if he is 29 and single, surely he has friends that are currently renting, and having them move in (even if just for a year or two), could help to more easily justify the decision.

    December 25, 2007 at 4:53 PM #124299
    RatherOpinionated
    Participant

    By roommate I didn’t mean stranger, that wouldn’t be worth it. I only meant if he is 29 and single, surely he has friends that are currently renting, and having them move in (even if just for a year or two), could help to more easily justify the decision.

    December 25, 2007 at 4:53 PM #124355
    RatherOpinionated
    Participant

    By roommate I didn’t mean stranger, that wouldn’t be worth it. I only meant if he is 29 and single, surely he has friends that are currently renting, and having them move in (even if just for a year or two), could help to more easily justify the decision.

    December 25, 2007 at 4:53 PM #124377
    RatherOpinionated
    Participant

    By roommate I didn’t mean stranger, that wouldn’t be worth it. I only meant if he is 29 and single, surely he has friends that are currently renting, and having them move in (even if just for a year or two), could help to more easily justify the decision.

    December 25, 2007 at 7:05 PM #124176
    SD Realtor
    Participant

    Still not good enough.

    RO listen to your advice… “Buy a home now….perhaps rent a room to subsidize the cost”. Also recall the poster asked about CV, Scripps or PQ. A single guy buying a home in either of those communities right now? Are you kidding me?

    Any single guy making 160 large could bank alot of coin in a few years and in a flat/depreciating market this guy could make a killing in a few short years. As long as the money isn’t frittered away on drugs, women, or gambling he will do great.

    As our friend Wes Hogeland would say,

    “Its the biggest no brainer in all of mankind”

    Seriously, 125 the biggest issue you should have right now is how to distribute your investments regarding risk.

    Again, if you are dead set on buying, then so be it, you can get financing, you can get a home and if you do it right offer a heck of a lowball and take your time. Otherwise wait a few years and chances are you will be well positioned as long as you save some money up.

    December 25, 2007 at 7:05 PM #124323
    SD Realtor
    Participant

    Still not good enough.

    RO listen to your advice… “Buy a home now….perhaps rent a room to subsidize the cost”. Also recall the poster asked about CV, Scripps or PQ. A single guy buying a home in either of those communities right now? Are you kidding me?

    Any single guy making 160 large could bank alot of coin in a few years and in a flat/depreciating market this guy could make a killing in a few short years. As long as the money isn’t frittered away on drugs, women, or gambling he will do great.

    As our friend Wes Hogeland would say,

    “Its the biggest no brainer in all of mankind”

    Seriously, 125 the biggest issue you should have right now is how to distribute your investments regarding risk.

    Again, if you are dead set on buying, then so be it, you can get financing, you can get a home and if you do it right offer a heck of a lowball and take your time. Otherwise wait a few years and chances are you will be well positioned as long as you save some money up.

    December 25, 2007 at 7:05 PM #124346
    SD Realtor
    Participant

    Still not good enough.

    RO listen to your advice… “Buy a home now….perhaps rent a room to subsidize the cost”. Also recall the poster asked about CV, Scripps or PQ. A single guy buying a home in either of those communities right now? Are you kidding me?

    Any single guy making 160 large could bank alot of coin in a few years and in a flat/depreciating market this guy could make a killing in a few short years. As long as the money isn’t frittered away on drugs, women, or gambling he will do great.

    As our friend Wes Hogeland would say,

    “Its the biggest no brainer in all of mankind”

    Seriously, 125 the biggest issue you should have right now is how to distribute your investments regarding risk.

    Again, if you are dead set on buying, then so be it, you can get financing, you can get a home and if you do it right offer a heck of a lowball and take your time. Otherwise wait a few years and chances are you will be well positioned as long as you save some money up.

    December 25, 2007 at 7:05 PM #124401
    SD Realtor
    Participant

    Still not good enough.

    RO listen to your advice… “Buy a home now….perhaps rent a room to subsidize the cost”. Also recall the poster asked about CV, Scripps or PQ. A single guy buying a home in either of those communities right now? Are you kidding me?

    Any single guy making 160 large could bank alot of coin in a few years and in a flat/depreciating market this guy could make a killing in a few short years. As long as the money isn’t frittered away on drugs, women, or gambling he will do great.

    As our friend Wes Hogeland would say,

    “Its the biggest no brainer in all of mankind”

    Seriously, 125 the biggest issue you should have right now is how to distribute your investments regarding risk.

    Again, if you are dead set on buying, then so be it, you can get financing, you can get a home and if you do it right offer a heck of a lowball and take your time. Otherwise wait a few years and chances are you will be well positioned as long as you save some money up.

    December 25, 2007 at 7:05 PM #124422
    SD Realtor
    Participant

    Still not good enough.

    RO listen to your advice… “Buy a home now….perhaps rent a room to subsidize the cost”. Also recall the poster asked about CV, Scripps or PQ. A single guy buying a home in either of those communities right now? Are you kidding me?

    Any single guy making 160 large could bank alot of coin in a few years and in a flat/depreciating market this guy could make a killing in a few short years. As long as the money isn’t frittered away on drugs, women, or gambling he will do great.

    As our friend Wes Hogeland would say,

    “Its the biggest no brainer in all of mankind”

    Seriously, 125 the biggest issue you should have right now is how to distribute your investments regarding risk.

    Again, if you are dead set on buying, then so be it, you can get financing, you can get a home and if you do it right offer a heck of a lowball and take your time. Otherwise wait a few years and chances are you will be well positioned as long as you save some money up.

    December 25, 2007 at 7:45 PM #124180
    CVFanGirl
    Participant

    Warren Buffet is most famous for VALUE investing. My own father in law lives a life of retirement luxury by buying undervalued stocks. I bought my first property in the UTC area, the area so many like to call a dump. It made me $125k in couple of years. My realtor bought his LJ Shores house for a mere 600k at around the same time. It’s worth over 2 mil now. That’s value investing in housing. Once it isn’t a value anymore, sell. That is all.

    December 25, 2007 at 7:45 PM #124328
    CVFanGirl
    Participant

    Warren Buffet is most famous for VALUE investing. My own father in law lives a life of retirement luxury by buying undervalued stocks. I bought my first property in the UTC area, the area so many like to call a dump. It made me $125k in couple of years. My realtor bought his LJ Shores house for a mere 600k at around the same time. It’s worth over 2 mil now. That’s value investing in housing. Once it isn’t a value anymore, sell. That is all.

    December 25, 2007 at 7:45 PM #124350
    CVFanGirl
    Participant

    Warren Buffet is most famous for VALUE investing. My own father in law lives a life of retirement luxury by buying undervalued stocks. I bought my first property in the UTC area, the area so many like to call a dump. It made me $125k in couple of years. My realtor bought his LJ Shores house for a mere 600k at around the same time. It’s worth over 2 mil now. That’s value investing in housing. Once it isn’t a value anymore, sell. That is all.

    December 25, 2007 at 7:45 PM #124406
    CVFanGirl
    Participant

    Warren Buffet is most famous for VALUE investing. My own father in law lives a life of retirement luxury by buying undervalued stocks. I bought my first property in the UTC area, the area so many like to call a dump. It made me $125k in couple of years. My realtor bought his LJ Shores house for a mere 600k at around the same time. It’s worth over 2 mil now. That’s value investing in housing. Once it isn’t a value anymore, sell. That is all.

  • Author
    Posts
Viewing 15 posts - 166 through 180 (of 436 total)
1 2 3 … 11 12 13 … 28 29 30
  • You must be logged in to reply to this topic.