[an]

[quote=Wah-Wah]this seems compatible with the other house for only $335k
http://www.redfin.com/CA/San-Diego/10235-Saluda-Ave-92126/home/4851090%5B/quote%5D
The Jade Coast property seems to be better upgraded. Also, the location is a little more private with the Jade Coast property, since there’s no one behind you.

[an]

A screaming deal would be in the low $300k, like $330k or less? The only problem with buying a fixer in MM is, you’ll be competing with cash buyers. AFAIK, most of the fixer for sale are at deep discount and cash investors scoop them up. If you can find one that’s going for $300k flat or less and are not being swamped by investor and you want to upgrade it yourself, that’s what I would do. It’s always cheaper and better to do your own upgrade.

WRT to comparing this to Poway, it really depends on what you’re looking for. My crystal ball is cloudy, so I can’t really tell you which one will appreciate more in the future, but I would think MM have gotten hit more than Poway. Which would mean there’s more value to be had in MM than Poway, but I could be wrong.

[an]

[quote=adieu][quote=sdrealtor]of course it is. If someone walked into a food court and left a stack of 300 $100 bills sitting on a table unattended how long do you think it would sit there?[/quote]

It’s probably a good social experiment to perform :)[/quote]
Tell me where you’ll be conducting that experiment and I’ll make sure I’ll be there in an unmarked car and in ski mask :-D.

[an]

The price seems alright. Not a screaming deal but not overpriced either.

WRT to the Vulcan mine, you won’t have to worry about it much longer if you decide to buy it. That whole area will be redeveloped into a master planned community called Stone Creek. You can Google that. They’re in planning stage and last I heard, they’re planning to start building around 2015 (3 years from now). So, you might end up getting to use all their new parks that will be built since you’re close by.

The down side with that are is, the Elementary school is Walker Elementary. It has the lowest API score of all MM. Which is why it’s priced in the mid $300k vs high $300k.

[an]

[quote=briansd1]Imagine if everyone (like 90%) drove Prius type cars how much oil we’d save. I’d say that the greater good is more important.[/quote]
Imagine if 90% of people walk or ride bikes like in 3rd world countries. How much oil we’d save? I’d say that’d definitely be more beneficial for the greater good than any Hybrid will ever be. Lets also put a requirement in there, where each person can only acquire 300 sq-ft of living space max. Anymore and you’d have to pay a steep fine. That would save a lot of energy too, since you don’t have to spend so much money on heating and cooling a small house/condo.

[an]

[quote=UCGal]As for the rest of this thread… I am afraid to comment. Anything I say will be construed as racist. Even this statement will be construed as racist. Even reading it I’ll be called racist.[/quote]
[img_assist|nid=11466|title=That’s racist.|desc=|link=node|align=left|width=150|height=134]
😀

[an]

[quote=flu]…well with that said… Mohammad, feel free to ask away questions.. That’s what the purpose of this blog is suppose to do.[/quote]
Yep, feel free to ask away. But don’t forget to reveal more information if you want more specific answers. Or better yet, ask more specific questions instead of a very general question, which might cause some to raise their scam/bs flag.

[an]

[quote=flu]
Oh boy….If you have to ask, then you need to do more homework before you become a landlord imho.[/quote]
I totally agree with this. If you have to ask these kind of general questions, then you’re really not ready to be a landlord yet. Also, your original question is quite vague. We need more information than just the $ amount you have to invest. Which areas are you interested. Where do you live and how far away are you willing to look for investment properties. What kind of tenants do you prefer to have? Are you more interested in SFR or both SFR and condo? There are many more questions, but these are some of the starter you either have to ask yourself or reveal to us in order to get more useful information.

[an]

[quote=dumbrenter]Indians are not Asians.[/quote]
They’re not South Asians? Are you saying Wiki’s definition South Asians are wrong?

http://en.wikipedia.org/wiki/South_Asian

[an]

[quote=walterwhite]Cars involve sitting which is not sexy.

Bikes involve mounting and riding which is sexy.

The crappiest bike is sexier than the slickest auto.[/quote]
An image of this guy mounting and riding anything isn’t sexy:

[an]

[quote=pri_dk]Three years ago milk prices were plummeting:

http://www.usatoday.com/money/industries/food/2009-03-24-dairy-farms_N.htm

Farmers’ incomes dry up as milk prices plunge about 50%

I don’t remember anyone here mentioning the drop in milk prices. Like I said, anecdotal evidence of inflation is usually biased.

“Wall Street stole all the pension money, and now they’ve stolen all the milk!”[/quote]
You’ve converted me. I totally agree, anecdotal evidence is usually biased. I personally don’t remember the drop in milk price 3 years ago, but I did noticed the 10% increase in milk at Vons a month or so back.

[an]

[quote=ocrenter][quote=walterwhite]Did people used to say this stuff about the Jews?[/quote]

The scary thing about that is there are over a billion Asians…[/quote]
Try about 3 billions :-). ~1.4B Chinese, ~1.4B Indians, and all the other Asian countries will push it over 3B.

[an]

[quote=flu]Infiniti fanboy…[/quote]
I would say I’m more of a fast car fanboy. These other cars would be just fine for me too:
http://www.bmw-i.com/en_ww/bmw-i8/
http://pressroom.lexus.com/releases/lexus+lf-lc+2+2+hybrid+sport+coupe+concept+detroit+auto+show+jan4.htm
http://money.cnn.com/2011/03/21/autos/porsche_918_hybrid_price/index.htm
http://www.wired.com/autopia/2010/03/ferrari-hy-kers/

Here are some pix:

[an]

Talking about hybrid and electric car, this is what it would take to put me into a battery operated car: http://www.autoblog.com/2012/03/06/infiniti-emerg-e-concept-geneva-2012/

[an]

[quote=flu]Nasdaq just turned negative…
Back in short position with Qcom @ 64.98 3000shrs

Lol…. I have a stop order if it goes above 66[/quote]
Funny you went short what qcom dip below 65 and I got myself some 65 calls.

[Author]

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