What will it take to get you to buy a house?

[patb]

Use these tests to look for to buy a house/condo

1) Is the cost close to current construction costs, if it’s a premium hold,
if it’s a discount, adjust for condition.

2) Will the unit cash flow to give a cap rate close to Prime.
if it’s not above prime, leave it in the bank

3) have costs reverted to the trend adjusted line for case-shiller.
if it’s at or below the trend line, it’s probably close to a market resistance
point.

4) Are there cover stories in Time Magazine saying “Housing, the bane
of the middle class and “Why renting a trailer is such a good idea”

The time cover is my sign to exit.

[patb]

Use these tests to look for to buy a house/condo

1) Is the cost close to current construction costs, if it’s a premium hold,
if it’s a discount, adjust for condition.

2) Will the unit cash flow to give a cap rate close to Prime.
if it’s not above prime, leave it in the bank

3) have costs reverted to the trend adjusted line for case-shiller.
if it’s at or below the trend line, it’s probably close to a market resistance
point.

4) Are there cover stories in Time Magazine saying “Housing, the bane
of the middle class and “Why renting a trailer is such a good idea”

The time cover is my sign to exit.

[no_such_reality]

Simple, when paying the mortgage principle, interest, taxes and HOA is less then what it costs me to rent.

[no_such_reality]

Simple, when paying the mortgage principle, interest, taxes and HOA is less then what it costs me to rent.

[no_such_reality]

Simple, when paying the mortgage principle, interest, taxes and HOA is less then what it costs me to rent.

[no_such_reality]

Simple, when paying the mortgage principle, interest, taxes and HOA is less then what it costs me to rent.

[no_such_reality]

Simple, when paying the mortgage principle, interest, taxes and HOA is less then what it costs me to rent.

[no_such_reality]

Simple, when paying the mortgage principle, interest, taxes and HOA is less then what it costs me to rent.

[Arty]

Easy when the housing price when up 2-4 quarters straight.

[Arty]

Easy when the housing price when up 2-4 quarters straight.

[Arty]

Easy when the housing price when up 2-4 quarters straight.

[Arty]

Easy when the housing price when up 2-4 quarters straight.

[Arty]

Easy when the housing price when up 2-4 quarters straight.

[Arty]

Easy when the housing price when up 2-4 quarters straight.

[Coronita]

<$1million for a 3500sqft home in Carmel Valley at 0% financing for 30years.

 

[Author]

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