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temeculaguy.
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October 26, 2009 at 4:59 PM #16559October 26, 2009 at 5:20 PM #473795
Nor-LA-SD-guy
Participant“Pretty interesting that some people cant find 1 house to buy but people can buy 22 lol.”
The homes professionals buy for investments are very likely not something a person looking to buy his home to live in for a long period of time.
In short most home buyers would not want to buy the homes investors buy, they may want to rent them, but they would rather buy something a little nicer to live in.
Also see China inflation at 15% (but the yuan peg’ed to the greenback) hmmm someone has money to burn I think.
October 26, 2009 at 5:20 PM #473972Participant“Pretty interesting that some people cant find 1 house to buy but people can buy 22 lol.”
The homes professionals buy for investments are very likely not something a person looking to buy his home to live in for a long period of time.
In short most home buyers would not want to buy the homes investors buy, they may want to rent them, but they would rather buy something a little nicer to live in.
Also see China inflation at 15% (but the yuan peg’ed to the greenback) hmmm someone has money to burn I think.
October 26, 2009 at 5:20 PM #474637Participant“Pretty interesting that some people cant find 1 house to buy but people can buy 22 lol.”
The homes professionals buy for investments are very likely not something a person looking to buy his home to live in for a long period of time.
In short most home buyers would not want to buy the homes investors buy, they may want to rent them, but they would rather buy something a little nicer to live in.
Also see China inflation at 15% (but the yuan peg’ed to the greenback) hmmm someone has money to burn I think.
October 26, 2009 at 5:20 PM #474413Participant“Pretty interesting that some people cant find 1 house to buy but people can buy 22 lol.”
The homes professionals buy for investments are very likely not something a person looking to buy his home to live in for a long period of time.
In short most home buyers would not want to buy the homes investors buy, they may want to rent them, but they would rather buy something a little nicer to live in.
Also see China inflation at 15% (but the yuan peg’ed to the greenback) hmmm someone has money to burn I think.
October 26, 2009 at 5:20 PM #474336Participant“Pretty interesting that some people cant find 1 house to buy but people can buy 22 lol.”
The homes professionals buy for investments are very likely not something a person looking to buy his home to live in for a long period of time.
In short most home buyers would not want to buy the homes investors buy, they may want to rent them, but they would rather buy something a little nicer to live in.
Also see China inflation at 15% (but the yuan peg’ed to the greenback) hmmm someone has money to burn I think.
October 26, 2009 at 5:26 PM #473805ParticipantAlso with the China thing, Homes in china are going through the roof,
A three bed two bath home in shanghai can sell for several million, three times that in Hong Kong,
These think a few maybe cashing out ???
Our homes are quite a bargain in their minds.
October 26, 2009 at 5:26 PM #474647ParticipantAlso with the China thing, Homes in china are going through the roof,
A three bed two bath home in shanghai can sell for several million, three times that in Hong Kong,
These think a few maybe cashing out ???
Our homes are quite a bargain in their minds.
October 26, 2009 at 5:26 PM #473982ParticipantAlso with the China thing, Homes in china are going through the roof,
A three bed two bath home in shanghai can sell for several million, three times that in Hong Kong,
These think a few maybe cashing out ???
Our homes are quite a bargain in their minds.
October 26, 2009 at 5:26 PM #474423ParticipantAlso with the China thing, Homes in china are going through the roof,
A three bed two bath home in shanghai can sell for several million, three times that in Hong Kong,
These think a few maybe cashing out ???
Our homes are quite a bargain in their minds.
October 26, 2009 at 5:26 PM #474346ParticipantAlso with the China thing, Homes in china are going through the roof,
A three bed two bath home in shanghai can sell for several million, three times that in Hong Kong,
These think a few maybe cashing out ???
Our homes are quite a bargain in their minds.
October 26, 2009 at 7:16 PM #474677ocrenter
Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
October 26, 2009 at 7:16 PM #474453Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
October 26, 2009 at 7:16 PM #474375Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
October 26, 2009 at 7:16 PM #474013Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
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