- This topic has 430 replies, 30 voices, and was last updated 15 years, 3 months ago by
Nor-LA-SD-guy.
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March 16, 2009 at 5:03 PM #367886March 16, 2009 at 5:09 PM #367274
NotCranky
ParticipantScaredycat, I agree with AN. Like I said before your milestones are legit and your style is right for you.You might buy sooner or later,but you have the right idea IMO. Actually, the discipline you describe is impressive.I hope we return to a situation where that style works in RE. Many people, including myself,started with the same modest expectations in the last bust and it worked out fine. I bet the bounce scenario posited by Nor-LA-SD-guy would test you patience though!? How would you deal with that if it happened?
March 16, 2009 at 5:09 PM #367562ParticipantScaredycat, I agree with AN. Like I said before your milestones are legit and your style is right for you.You might buy sooner or later,but you have the right idea IMO. Actually, the discipline you describe is impressive.I hope we return to a situation where that style works in RE. Many people, including myself,started with the same modest expectations in the last bust and it worked out fine. I bet the bounce scenario posited by Nor-LA-SD-guy would test you patience though!? How would you deal with that if it happened?
March 16, 2009 at 5:09 PM #367729ParticipantScaredycat, I agree with AN. Like I said before your milestones are legit and your style is right for you.You might buy sooner or later,but you have the right idea IMO. Actually, the discipline you describe is impressive.I hope we return to a situation where that style works in RE. Many people, including myself,started with the same modest expectations in the last bust and it worked out fine. I bet the bounce scenario posited by Nor-LA-SD-guy would test you patience though!? How would you deal with that if it happened?
March 16, 2009 at 5:09 PM #367765ParticipantScaredycat, I agree with AN. Like I said before your milestones are legit and your style is right for you.You might buy sooner or later,but you have the right idea IMO. Actually, the discipline you describe is impressive.I hope we return to a situation where that style works in RE. Many people, including myself,started with the same modest expectations in the last bust and it worked out fine. I bet the bounce scenario posited by Nor-LA-SD-guy would test you patience though!? How would you deal with that if it happened?
March 16, 2009 at 5:09 PM #367881ParticipantScaredycat, I agree with AN. Like I said before your milestones are legit and your style is right for you.You might buy sooner or later,but you have the right idea IMO. Actually, the discipline you describe is impressive.I hope we return to a situation where that style works in RE. Many people, including myself,started with the same modest expectations in the last bust and it worked out fine. I bet the bounce scenario posited by Nor-LA-SD-guy would test you patience though!? How would you deal with that if it happened?
March 16, 2009 at 6:29 PM #367309Participant[quote=Nor-LA-SD-guy]
Also Personally I think anyone buying a home they don’t plan to own ten years,
Well I just don’t think it’s a good Idea to buy a home unless you plan to own it at least ten years.
[/quote]
Nothing wrong with legit, enterprising flipping, but aside from that activity I agree. Then you have those who can afford to do whatever they please.March 16, 2009 at 6:29 PM #367597Participant[quote=Nor-LA-SD-guy]
Also Personally I think anyone buying a home they don’t plan to own ten years,
Well I just don’t think it’s a good Idea to buy a home unless you plan to own it at least ten years.
[/quote]
Nothing wrong with legit, enterprising flipping, but aside from that activity I agree. Then you have those who can afford to do whatever they please.March 16, 2009 at 6:29 PM #367764Participant[quote=Nor-LA-SD-guy]
Also Personally I think anyone buying a home they don’t plan to own ten years,
Well I just don’t think it’s a good Idea to buy a home unless you plan to own it at least ten years.
[/quote]
Nothing wrong with legit, enterprising flipping, but aside from that activity I agree. Then you have those who can afford to do whatever they please.March 16, 2009 at 6:29 PM #367800Participant[quote=Nor-LA-SD-guy]
Also Personally I think anyone buying a home they don’t plan to own ten years,
Well I just don’t think it’s a good Idea to buy a home unless you plan to own it at least ten years.
[/quote]
Nothing wrong with legit, enterprising flipping, but aside from that activity I agree. Then you have those who can afford to do whatever they please.March 16, 2009 at 6:29 PM #367916Participant[quote=Nor-LA-SD-guy]
Also Personally I think anyone buying a home they don’t plan to own ten years,
Well I just don’t think it’s a good Idea to buy a home unless you plan to own it at least ten years.
[/quote]
Nothing wrong with legit, enterprising flipping, but aside from that activity I agree. Then you have those who can afford to do whatever they please.March 16, 2009 at 6:37 PM #367314peterb
ParticipantMy little research project was, like me, flawed. But the idea is that there may be a lot of investors purchasing Temecula homes at this time. Crowded trade, etc… could be too many rentals on the market in the near future. Actually calling them and doing a little investigation could be very beneficial. But I am of the flip school. So I dont really care. I need an upward market to be safe in my methodology. All others, do as ye please.
March 16, 2009 at 6:37 PM #367602ParticipantMy little research project was, like me, flawed. But the idea is that there may be a lot of investors purchasing Temecula homes at this time. Crowded trade, etc… could be too many rentals on the market in the near future. Actually calling them and doing a little investigation could be very beneficial. But I am of the flip school. So I dont really care. I need an upward market to be safe in my methodology. All others, do as ye please.
March 16, 2009 at 6:37 PM #367769ParticipantMy little research project was, like me, flawed. But the idea is that there may be a lot of investors purchasing Temecula homes at this time. Crowded trade, etc… could be too many rentals on the market in the near future. Actually calling them and doing a little investigation could be very beneficial. But I am of the flip school. So I dont really care. I need an upward market to be safe in my methodology. All others, do as ye please.
March 16, 2009 at 6:37 PM #367805ParticipantMy little research project was, like me, flawed. But the idea is that there may be a lot of investors purchasing Temecula homes at this time. Crowded trade, etc… could be too many rentals on the market in the near future. Actually calling them and doing a little investigation could be very beneficial. But I am of the flip school. So I dont really care. I need an upward market to be safe in my methodology. All others, do as ye please.
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