- This topic has 1,023 replies, 22 voices, and was last updated 4 years, 4 months ago by
Coronita.
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March 14, 2020 at 6:01 PM #815509March 14, 2020 at 6:07 PM #815512
FlyerInHi
GuestReally, where?
I just talked about furnished rentals in general and as a new business model in the new economy.Yes, I do appreciate clean euro design, free of old fashioned design elements such as raised panel doors. I believe that millennials want urban designs.
March 14, 2020 at 6:11 PM #815513Anonymous
GuestI have no time to dig up your endless string of bragging
Millennials may want it, just not in Vegas as much anymore
March 14, 2020 at 6:12 PM #815514GuestLet us all take a moment to celebrate that our president has tested negative for coronavirus. MAGA
March 14, 2020 at 6:39 PM #815515CoronitaParticipant[quote=fluimposter]Let us all take a moment to celebrate that our president has tested negative for coronavirus. MAGA[/quote]
Just stop, Friend. This isn’t funny. I hate the guy. I’m having second thoughts taking on my new handle and letting the old one go.
March 14, 2020 at 6:58 PM #815516GuestFlu, the points you made about Vegas underscore the need to know when the next recession will be. Piggs who expressed an interest in buying in Vegas, Recession 2020, is your opportunity!
If you bought at the bottom in Vegas, your returns vastly outperform San Diego…. just saying.Like I said many times, it’s only smart to anticipate the next business cycle and be prepared for it. You don’t stand still waiting…. but you need to have some foresight.
March 14, 2020 at 7:10 PM #815517Guest[quote=Coronita][quote=fluimposter]Let us all take a moment to celebrate that our president has tested negative for coronavirus. MAGA[/quote]
Just stop, Friend. This isn’t funny. I hate the guy. I’m having second thoughts taking on my new handle and letting the old one go.[/quote]
You’re becoming a whackjob, it appears.
March 14, 2020 at 7:31 PM #815518GuestI’m not FLU. FLU I’m not. Anymore:(
March 14, 2020 at 7:56 PM #815519CoronitaParticipant[quote=TheNotSoRealFlu]I’m not FLU. FLU I’m not. Anymore:([/quote]
Privilege, REVOKED! LOL
March 14, 2020 at 9:58 PM #815520Guest[quote=FlyerInHi]Flu, the points you made about Vegas underscore the need to know when the next recession will be. Piggs who expressed an interest in buying in Vegas, Recession 2020, is your opportunity!
If you bought at the bottom in Vegas, your returns vastly outperform San Diego…. just saying.Like I said many times, it’s only smart to anticipate the next business cycle and be prepared for it. You don’t stand still waiting…. but you need to have some foresight.[/quote]
My friend buy house in SD in 2011 for about $1M with 20% down. His house now worth $3M. Explain how $200k invested in Vegas now worth $2M?
Another friend buy condo in 2010 at bottom for $85k with $20k down and sell in 2017 for $250k. His $20k became over $150k plus much positive cash flow in condo with single tenant whole time he own it.
Just saying.
March 14, 2020 at 10:02 PM #815521GuestOnly first inning in Vegas. Structural change coming to market.. Anticipate my a$$
March 14, 2020 at 10:20 PM #815522GuestJust look at case shiller. Even Temecula and Riverside fell much deeper and recovered more percentage wise. For rents you’re getting a lot more relative to the purchase price and current value.
We are talking about the market in general not about any particular individual. That’s the fallacy of composition you keep on making again and again and again.
March 14, 2020 at 10:27 PM #815523Guest[quote=FlyerInHi]Just look at case shiller. Even Temecula in Riverside fell much deeper and recovered more percentage wise. For rents you’re getting a lot more relative to the purchase price[/quote]
That’s not an answer. Condo was $500 cash flow positive per month from day one and could have been higher but friend never raised rent so could’ve been closer to $800 by 2017.
Friend in $3m building 2/2 ADU over garage for $300k now. Rent will easily be $400-500 per day. It’s walking distance to one of nicest beaches in SD. 4* Hotel room in area $250 or more. At $400 and only 50% occupancy that’s 25% annual return. Will easily rent for $3000 per week or more and occupancy Should quickly exceed 75%. Should be much higher and only get better.
Show better in Vegas on ANY property you own or otherwise
What are your actual results?
March 14, 2020 at 10:33 PM #815524GuestThe problem with your argument and why you are such a complete fraud is that you use averages to defend yourself but claim to be exceptional. The average person in your eyes is a deplorable in The Midwest not a coastal elite.So you prance around here like a coastal elite but then when asked to defend yourself you reveal yourself to be a toothless gun loving, pro life deplorable from Mississippi.
March 14, 2020 at 10:37 PM #815525GuestAgain you’re making the fallacy of composition. You bring out the big guns basically saying “ I’m richer than you.” Of course you have to give an example of a special house near the beach. That’s irrelevant in looking at performance of various markets in general
How about an average house or average condo that an average person could buy for rent?
My original point was that they are our business cycles in the economy and you need to know when the recessions will occur. Another market was hammered really hard was Miami and it recovered very nicely. Better than San Diego because it fell deeper.
And no I didn’t buy in Miami but that’s irrelevant -
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