Forum Replies Created
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AuthorPosts
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4plexowner
Participant“Vacancies, vacancies, vacancies … and falling rents”
http://www.calculatedriskblog.com/2009/04/vacancies-vacancies-vacancies-and.html
this link provides links to numerous articles about declining rents in both residential and commercial real estate
declining rents is another reason not to purchase investment real estate right now
ignore the one-off reports of “my rent was increased by 10% last year” and pay attention to the trend – rents are declining nationwide and they will do so in San Diego as well
buying investment real estate is all about price vs rents – as rents decline, prices decline – don’t be a knife-catcher!
4plexowner
Participant“Vacancies, vacancies, vacancies … and falling rents”
http://www.calculatedriskblog.com/2009/04/vacancies-vacancies-vacancies-and.html
this link provides links to numerous articles about declining rents in both residential and commercial real estate
declining rents is another reason not to purchase investment real estate right now
ignore the one-off reports of “my rent was increased by 10% last year” and pay attention to the trend – rents are declining nationwide and they will do so in San Diego as well
buying investment real estate is all about price vs rents – as rents decline, prices decline – don’t be a knife-catcher!
4plexowner
Participant“Vacancies, vacancies, vacancies … and falling rents”
http://www.calculatedriskblog.com/2009/04/vacancies-vacancies-vacancies-and.html
this link provides links to numerous articles about declining rents in both residential and commercial real estate
declining rents is another reason not to purchase investment real estate right now
ignore the one-off reports of “my rent was increased by 10% last year” and pay attention to the trend – rents are declining nationwide and they will do so in San Diego as well
buying investment real estate is all about price vs rents – as rents decline, prices decline – don’t be a knife-catcher!
4plexowner
Participant“Vacancies, vacancies, vacancies … and falling rents”
http://www.calculatedriskblog.com/2009/04/vacancies-vacancies-vacancies-and.html
this link provides links to numerous articles about declining rents in both residential and commercial real estate
declining rents is another reason not to purchase investment real estate right now
ignore the one-off reports of “my rent was increased by 10% last year” and pay attention to the trend – rents are declining nationwide and they will do so in San Diego as well
buying investment real estate is all about price vs rents – as rents decline, prices decline – don’t be a knife-catcher!
4plexowner
Participantyes, davelj, I meant REAL prices
monetary debasement (oops, I mean inflation) makes all financial matters very complicated
George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms
4plexowner
Participantyes, davelj, I meant REAL prices
monetary debasement (oops, I mean inflation) makes all financial matters very complicated
George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms
4plexowner
Participantyes, davelj, I meant REAL prices
monetary debasement (oops, I mean inflation) makes all financial matters very complicated
George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms
4plexowner
Participantyes, davelj, I meant REAL prices
monetary debasement (oops, I mean inflation) makes all financial matters very complicated
George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms
4plexowner
Participantyes, davelj, I meant REAL prices
monetary debasement (oops, I mean inflation) makes all financial matters very complicated
George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms
4plexowner
ParticipantAsh Housewares – it is Surveyor with the out-of-state properties – I have less than zero interest in owning any real estate that I can’t get to in an hour or less
one of my properties was in IB – about 45 minute drive with no traffic and as much as 2 hour drive in rush hour / weekend traffic – I decided that even IB was too far away to own rentals
looked at a property in Oceanside (which is even further away from me) – just a few drives up to view / inspect the property kept me from following through on my offer – the property was just too far away for me to manage
I’ll caveat all of this with the fact that I was working full time and managing multiple properties myself – if property mgmt were my only job (yuck!!!) I might be willing to have properties that were more than an hour away
FYI – numerous real estate investment books will tell you that being an out-of-state / distant landlord is not the best idea
4plexowner
ParticipantAsh Housewares – it is Surveyor with the out-of-state properties – I have less than zero interest in owning any real estate that I can’t get to in an hour or less
one of my properties was in IB – about 45 minute drive with no traffic and as much as 2 hour drive in rush hour / weekend traffic – I decided that even IB was too far away to own rentals
looked at a property in Oceanside (which is even further away from me) – just a few drives up to view / inspect the property kept me from following through on my offer – the property was just too far away for me to manage
I’ll caveat all of this with the fact that I was working full time and managing multiple properties myself – if property mgmt were my only job (yuck!!!) I might be willing to have properties that were more than an hour away
FYI – numerous real estate investment books will tell you that being an out-of-state / distant landlord is not the best idea
4plexowner
ParticipantAsh Housewares – it is Surveyor with the out-of-state properties – I have less than zero interest in owning any real estate that I can’t get to in an hour or less
one of my properties was in IB – about 45 minute drive with no traffic and as much as 2 hour drive in rush hour / weekend traffic – I decided that even IB was too far away to own rentals
looked at a property in Oceanside (which is even further away from me) – just a few drives up to view / inspect the property kept me from following through on my offer – the property was just too far away for me to manage
I’ll caveat all of this with the fact that I was working full time and managing multiple properties myself – if property mgmt were my only job (yuck!!!) I might be willing to have properties that were more than an hour away
FYI – numerous real estate investment books will tell you that being an out-of-state / distant landlord is not the best idea
4plexowner
ParticipantAsh Housewares – it is Surveyor with the out-of-state properties – I have less than zero interest in owning any real estate that I can’t get to in an hour or less
one of my properties was in IB – about 45 minute drive with no traffic and as much as 2 hour drive in rush hour / weekend traffic – I decided that even IB was too far away to own rentals
looked at a property in Oceanside (which is even further away from me) – just a few drives up to view / inspect the property kept me from following through on my offer – the property was just too far away for me to manage
I’ll caveat all of this with the fact that I was working full time and managing multiple properties myself – if property mgmt were my only job (yuck!!!) I might be willing to have properties that were more than an hour away
FYI – numerous real estate investment books will tell you that being an out-of-state / distant landlord is not the best idea
4plexowner
ParticipantAsh Housewares – it is Surveyor with the out-of-state properties – I have less than zero interest in owning any real estate that I can’t get to in an hour or less
one of my properties was in IB – about 45 minute drive with no traffic and as much as 2 hour drive in rush hour / weekend traffic – I decided that even IB was too far away to own rentals
looked at a property in Oceanside (which is even further away from me) – just a few drives up to view / inspect the property kept me from following through on my offer – the property was just too far away for me to manage
I’ll caveat all of this with the fact that I was working full time and managing multiple properties myself – if property mgmt were my only job (yuck!!!) I might be willing to have properties that were more than an hour away
FYI – numerous real estate investment books will tell you that being an out-of-state / distant landlord is not the best idea
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