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- This topic has 230 replies, 13 voices, and was last updated 13 years, 11 months ago by
SD Realtor.
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May 24, 2009 at 9:58 PM #405859May 24, 2009 at 10:22 PM #405178
sunny88
Participant[quote=SD Realtor]Sunny without getting into much detail, I would not recommend Regents as an investment purchase. It does not pencil out anywhere close to what some of the other stock in UTC pencils out with regarding a rental property. The increase in rent that you would get does not come close to covering the expense of the complex. [/quote]
You don’t think that the current prices for the units are reasonable and will appreciate over the next 5-10 years? It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.
May 24, 2009 at 10:22 PM #405425Participant[quote=SD Realtor]Sunny without getting into much detail, I would not recommend Regents as an investment purchase. It does not pencil out anywhere close to what some of the other stock in UTC pencils out with regarding a rental property. The increase in rent that you would get does not come close to covering the expense of the complex. [/quote]
You don’t think that the current prices for the units are reasonable and will appreciate over the next 5-10 years? It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.
May 24, 2009 at 10:22 PM #405664Participant[quote=SD Realtor]Sunny without getting into much detail, I would not recommend Regents as an investment purchase. It does not pencil out anywhere close to what some of the other stock in UTC pencils out with regarding a rental property. The increase in rent that you would get does not come close to covering the expense of the complex. [/quote]
You don’t think that the current prices for the units are reasonable and will appreciate over the next 5-10 years? It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.
May 24, 2009 at 10:22 PM #405728Participant[quote=SD Realtor]Sunny without getting into much detail, I would not recommend Regents as an investment purchase. It does not pencil out anywhere close to what some of the other stock in UTC pencils out with regarding a rental property. The increase in rent that you would get does not come close to covering the expense of the complex. [/quote]
You don’t think that the current prices for the units are reasonable and will appreciate over the next 5-10 years? It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.
May 24, 2009 at 10:22 PM #405874Participant[quote=SD Realtor]Sunny without getting into much detail, I would not recommend Regents as an investment purchase. It does not pencil out anywhere close to what some of the other stock in UTC pencils out with regarding a rental property. The increase in rent that you would get does not come close to covering the expense of the complex. [/quote]
You don’t think that the current prices for the units are reasonable and will appreciate over the next 5-10 years? It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.
May 25, 2009 at 12:02 AM #405193Anonymous
GuestSunny, where do you get such an optimistic view of Real estate, been talking to the NAR?
“It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.”
On the contrary, there is no question that these units will depreciate in the next 5 years. 390K for a 1100s/f 2/2 nowhere near the beach, are you kidding me? Probably bottom out in the mid-200s if not lower. In ten years, who the hell knows. But why gamble?
May 25, 2009 at 12:02 AM #405440GuestSunny, where do you get such an optimistic view of Real estate, been talking to the NAR?
“It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.”
On the contrary, there is no question that these units will depreciate in the next 5 years. 390K for a 1100s/f 2/2 nowhere near the beach, are you kidding me? Probably bottom out in the mid-200s if not lower. In ten years, who the hell knows. But why gamble?
May 25, 2009 at 12:02 AM #405679GuestSunny, where do you get such an optimistic view of Real estate, been talking to the NAR?
“It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.”
On the contrary, there is no question that these units will depreciate in the next 5 years. 390K for a 1100s/f 2/2 nowhere near the beach, are you kidding me? Probably bottom out in the mid-200s if not lower. In ten years, who the hell knows. But why gamble?
May 25, 2009 at 12:02 AM #405743GuestSunny, where do you get such an optimistic view of Real estate, been talking to the NAR?
“It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.”
On the contrary, there is no question that these units will depreciate in the next 5 years. 390K for a 1100s/f 2/2 nowhere near the beach, are you kidding me? Probably bottom out in the mid-200s if not lower. In ten years, who the hell knows. But why gamble?
May 25, 2009 at 12:02 AM #405889GuestSunny, where do you get such an optimistic view of Real estate, been talking to the NAR?
“It is my understanding that the demand will always be there due to convenient location with easy access to the freeways, schools and shopping.”
On the contrary, there is no question that these units will depreciate in the next 5 years. 390K for a 1100s/f 2/2 nowhere near the beach, are you kidding me? Probably bottom out in the mid-200s if not lower. In ten years, who the hell knows. But why gamble?
May 25, 2009 at 8:27 AM #405213jpinpb
ParticipantAlso, one of the other condo threads for UTC over on SDL – I forget which right now – someone mentioned something about more dorms being added on the campus.
May 25, 2009 at 8:27 AM #405460ParticipantAlso, one of the other condo threads for UTC over on SDL – I forget which right now – someone mentioned something about more dorms being added on the campus.
May 25, 2009 at 8:27 AM #405700ParticipantAlso, one of the other condo threads for UTC over on SDL – I forget which right now – someone mentioned something about more dorms being added on the campus.
May 25, 2009 at 8:27 AM #405763ParticipantAlso, one of the other condo threads for UTC over on SDL – I forget which right now – someone mentioned something about more dorms being added on the campus.
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