Home › Forums › Closed Forums › Properties or Areas › “Flip this House” in Pacific Beach
- This topic has 220 replies, 19 voices, and was last updated 15 years, 2 months ago by UCGal.
-
AuthorPosts
-
October 25, 2008 at 10:48 AM #293053October 25, 2008 at 4:26 PM #292693jpinpbParticipant
All kidding aside, you can hang sheets over the windows, even over the framing that was once a wall, but most renters would like to have plumbing and at a minimum electrical for their tv football games, no?
Lot size and zoning is a factor that any investor will take into account, therefore anyone buying should consider it if you want to value it correctly. That aside, she’s handling the yard (me) and it’s already understood and not a problem.
So rental wise, what’s the most – the most someone would rent a 2/1 in PB? Even fixed up. What? 2500? 3000? I just can’t see more than that. I mean it’s not like it’s on the boardwalk.
That’ll bring in 6k a month. Doing the math real quick in my head, the ROI doesn’t add up.
Unless they change zoning, they’re not building more than the 2 units that are there. It’ll be hard to add on b/c of the setbacks and parking requirements, especially on the back where the “garage” is.
October 25, 2008 at 4:26 PM #293016jpinpbParticipantAll kidding aside, you can hang sheets over the windows, even over the framing that was once a wall, but most renters would like to have plumbing and at a minimum electrical for their tv football games, no?
Lot size and zoning is a factor that any investor will take into account, therefore anyone buying should consider it if you want to value it correctly. That aside, she’s handling the yard (me) and it’s already understood and not a problem.
So rental wise, what’s the most – the most someone would rent a 2/1 in PB? Even fixed up. What? 2500? 3000? I just can’t see more than that. I mean it’s not like it’s on the boardwalk.
That’ll bring in 6k a month. Doing the math real quick in my head, the ROI doesn’t add up.
Unless they change zoning, they’re not building more than the 2 units that are there. It’ll be hard to add on b/c of the setbacks and parking requirements, especially on the back where the “garage” is.
October 25, 2008 at 4:26 PM #293044jpinpbParticipantAll kidding aside, you can hang sheets over the windows, even over the framing that was once a wall, but most renters would like to have plumbing and at a minimum electrical for their tv football games, no?
Lot size and zoning is a factor that any investor will take into account, therefore anyone buying should consider it if you want to value it correctly. That aside, she’s handling the yard (me) and it’s already understood and not a problem.
So rental wise, what’s the most – the most someone would rent a 2/1 in PB? Even fixed up. What? 2500? 3000? I just can’t see more than that. I mean it’s not like it’s on the boardwalk.
That’ll bring in 6k a month. Doing the math real quick in my head, the ROI doesn’t add up.
Unless they change zoning, they’re not building more than the 2 units that are there. It’ll be hard to add on b/c of the setbacks and parking requirements, especially on the back where the “garage” is.
October 25, 2008 at 4:26 PM #293055jpinpbParticipantAll kidding aside, you can hang sheets over the windows, even over the framing that was once a wall, but most renters would like to have plumbing and at a minimum electrical for their tv football games, no?
Lot size and zoning is a factor that any investor will take into account, therefore anyone buying should consider it if you want to value it correctly. That aside, she’s handling the yard (me) and it’s already understood and not a problem.
So rental wise, what’s the most – the most someone would rent a 2/1 in PB? Even fixed up. What? 2500? 3000? I just can’t see more than that. I mean it’s not like it’s on the boardwalk.
That’ll bring in 6k a month. Doing the math real quick in my head, the ROI doesn’t add up.
Unless they change zoning, they’re not building more than the 2 units that are there. It’ll be hard to add on b/c of the setbacks and parking requirements, especially on the back where the “garage” is.
October 25, 2008 at 4:26 PM #293092jpinpbParticipantAll kidding aside, you can hang sheets over the windows, even over the framing that was once a wall, but most renters would like to have plumbing and at a minimum electrical for their tv football games, no?
Lot size and zoning is a factor that any investor will take into account, therefore anyone buying should consider it if you want to value it correctly. That aside, she’s handling the yard (me) and it’s already understood and not a problem.
So rental wise, what’s the most – the most someone would rent a 2/1 in PB? Even fixed up. What? 2500? 3000? I just can’t see more than that. I mean it’s not like it’s on the boardwalk.
That’ll bring in 6k a month. Doing the math real quick in my head, the ROI doesn’t add up.
Unless they change zoning, they’re not building more than the 2 units that are there. It’ll be hard to add on b/c of the setbacks and parking requirements, especially on the back where the “garage” is.
October 25, 2008 at 4:57 PM #292823patientrenterParticipantjpinpb, I don’t know if you observed the last downturn in So Cal, but it took 5-6 years to go from peak to trough. This one could take a little less time, or a little more. Go asleep with one eye open and plan to wake up in late 2009 to restart your home search calmly and carefully. Patience!
October 25, 2008 at 4:57 PM #293147patientrenterParticipantjpinpb, I don’t know if you observed the last downturn in So Cal, but it took 5-6 years to go from peak to trough. This one could take a little less time, or a little more. Go asleep with one eye open and plan to wake up in late 2009 to restart your home search calmly and carefully. Patience!
October 25, 2008 at 4:57 PM #293174patientrenterParticipantjpinpb, I don’t know if you observed the last downturn in So Cal, but it took 5-6 years to go from peak to trough. This one could take a little less time, or a little more. Go asleep with one eye open and plan to wake up in late 2009 to restart your home search calmly and carefully. Patience!
October 25, 2008 at 4:57 PM #293184patientrenterParticipantjpinpb, I don’t know if you observed the last downturn in So Cal, but it took 5-6 years to go from peak to trough. This one could take a little less time, or a little more. Go asleep with one eye open and plan to wake up in late 2009 to restart your home search calmly and carefully. Patience!
October 25, 2008 at 4:57 PM #293221patientrenterParticipantjpinpb, I don’t know if you observed the last downturn in So Cal, but it took 5-6 years to go from peak to trough. This one could take a little less time, or a little more. Go asleep with one eye open and plan to wake up in late 2009 to restart your home search calmly and carefully. Patience!
October 26, 2008 at 6:42 PM #293356barnaby33Participantrickt, you are either too lazy to read or too stupid to remember. We covered all of that ad infinauseam 2 years ago.
I believe this thread was an emotional vent, not a proper analysis, you chose poorly in terms of a thread to be condescending on.
JoshOctober 26, 2008 at 6:42 PM #293684barnaby33Participantrickt, you are either too lazy to read or too stupid to remember. We covered all of that ad infinauseam 2 years ago.
I believe this thread was an emotional vent, not a proper analysis, you chose poorly in terms of a thread to be condescending on.
JoshOctober 26, 2008 at 6:42 PM #293709barnaby33Participantrickt, you are either too lazy to read or too stupid to remember. We covered all of that ad infinauseam 2 years ago.
I believe this thread was an emotional vent, not a proper analysis, you chose poorly in terms of a thread to be condescending on.
JoshOctober 26, 2008 at 6:42 PM #293721barnaby33Participantrickt, you are either too lazy to read or too stupid to remember. We covered all of that ad infinauseam 2 years ago.
I believe this thread was an emotional vent, not a proper analysis, you chose poorly in terms of a thread to be condescending on.
Josh -
AuthorPosts
- The forum ‘Properties or Areas’ is closed to new topics and replies.