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Participant[quote=briansd1]I finally decided to buy an iPad2 (very reluctantly because Apple doesn’t have competition at a lower price). I need the battery life to use it on the plane.
I recommend this company. They are located in Oregon, they sell for the same price as Apple, free ship and no sales taxes. Had to wait 2 weeks.
http://www.powermax.com/%5B/quote%5D
If battery life is your main criteria, shouldn’t you get an Eee Pad transformer? With the dock, it gets over 15 hrs of battery.ParticipantCan an outlier truly be used a comps? A bread and butter home in CV selling for <2001 price definitely seem like an outlier to me.
ParticipantCan an outlier truly be used a comps? A bread and butter home in CV selling for <2001 price definitely seem like an outlier to me.
ParticipantCan an outlier truly be used a comps? A bread and butter home in CV selling for <2001 price definitely seem like an outlier to me.
ParticipantCan an outlier truly be used a comps? A bread and butter home in CV selling for <2001 price definitely seem like an outlier to me.
ParticipantCan an outlier truly be used a comps? A bread and butter home in CV selling for <2001 price definitely seem like an outlier to me.
Participant[quote=evolusd]Are you taking into account your down payment when you compare piti to rent? For me, this is a huge factor that people don’t consider – the lost investment potential of their down payment. I have a hard time putting a large chunk of my eggs (20% down) in this one residential property investment.[/quote]
No I did not. But at the same time, I’m counting P as well. If you want a true apple to apple comparison to mortgage vs rent, it should be ITI (of 100% financing) + maintenance (true maintenance and not upgrades since your landlord will only fix it just enough to get it working and not upgrade things for you) – tax deduction vs rent. Since those $ are 100% throw away or cost of living (depending on how you look at it). P and down payment can be recovered if you sell for the price you paid for or if you plan to stay there and pay off the mortgage. If you plan to stay there till you die, and you want to be more accurate, you should also count in years you hope to be alive w/out a mortgage. You should also account for typical rise in rent. There are many more variables, but PITI vs rent is a quick and dirty calculation.Participant[quote=evolusd]Are you taking into account your down payment when you compare piti to rent? For me, this is a huge factor that people don’t consider – the lost investment potential of their down payment. I have a hard time putting a large chunk of my eggs (20% down) in this one residential property investment.[/quote]
No I did not. But at the same time, I’m counting P as well. If you want a true apple to apple comparison to mortgage vs rent, it should be ITI (of 100% financing) + maintenance (true maintenance and not upgrades since your landlord will only fix it just enough to get it working and not upgrade things for you) – tax deduction vs rent. Since those $ are 100% throw away or cost of living (depending on how you look at it). P and down payment can be recovered if you sell for the price you paid for or if you plan to stay there and pay off the mortgage. If you plan to stay there till you die, and you want to be more accurate, you should also count in years you hope to be alive w/out a mortgage. You should also account for typical rise in rent. There are many more variables, but PITI vs rent is a quick and dirty calculation.Participant[quote=evolusd]Are you taking into account your down payment when you compare piti to rent? For me, this is a huge factor that people don’t consider – the lost investment potential of their down payment. I have a hard time putting a large chunk of my eggs (20% down) in this one residential property investment.[/quote]
No I did not. But at the same time, I’m counting P as well. If you want a true apple to apple comparison to mortgage vs rent, it should be ITI (of 100% financing) + maintenance (true maintenance and not upgrades since your landlord will only fix it just enough to get it working and not upgrade things for you) – tax deduction vs rent. Since those $ are 100% throw away or cost of living (depending on how you look at it). P and down payment can be recovered if you sell for the price you paid for or if you plan to stay there and pay off the mortgage. If you plan to stay there till you die, and you want to be more accurate, you should also count in years you hope to be alive w/out a mortgage. You should also account for typical rise in rent. There are many more variables, but PITI vs rent is a quick and dirty calculation.Participant[quote=evolusd]Are you taking into account your down payment when you compare piti to rent? For me, this is a huge factor that people don’t consider – the lost investment potential of their down payment. I have a hard time putting a large chunk of my eggs (20% down) in this one residential property investment.[/quote]
No I did not. But at the same time, I’m counting P as well. If you want a true apple to apple comparison to mortgage vs rent, it should be ITI (of 100% financing) + maintenance (true maintenance and not upgrades since your landlord will only fix it just enough to get it working and not upgrade things for you) – tax deduction vs rent. Since those $ are 100% throw away or cost of living (depending on how you look at it). P and down payment can be recovered if you sell for the price you paid for or if you plan to stay there and pay off the mortgage. If you plan to stay there till you die, and you want to be more accurate, you should also count in years you hope to be alive w/out a mortgage. You should also account for typical rise in rent. There are many more variables, but PITI vs rent is a quick and dirty calculation.Participant[quote=evolusd]Are you taking into account your down payment when you compare piti to rent? For me, this is a huge factor that people don’t consider – the lost investment potential of their down payment. I have a hard time putting a large chunk of my eggs (20% down) in this one residential property investment.[/quote]
No I did not. But at the same time, I’m counting P as well. If you want a true apple to apple comparison to mortgage vs rent, it should be ITI (of 100% financing) + maintenance (true maintenance and not upgrades since your landlord will only fix it just enough to get it working and not upgrade things for you) – tax deduction vs rent. Since those $ are 100% throw away or cost of living (depending on how you look at it). P and down payment can be recovered if you sell for the price you paid for or if you plan to stay there and pay off the mortgage. If you plan to stay there till you die, and you want to be more accurate, you should also count in years you hope to be alive w/out a mortgage. You should also account for typical rise in rent. There are many more variables, but PITI vs rent is a quick and dirty calculation.Participant[quote=deadzone]To me the most relevant metric is mortgage payment in relation to equivalent rent and if that is not too far out of line you really can’t go wrong in my opinion.
I’m pretty sure there will be a QE3, QE4…QEn because quite frankly the gov has no choice. The world’s finanacial markets are one giant ponzi scheme and it is in every nations best interests to keep it going to avoid mutual assured destruction. But that said I’m still not convinced that QEs or any other government tricks will keep house prices afloat as they have clearly failed up to now.[/quote]
Totally agree about monthly payment. Which is why I’m saying not all recent buyers are mortgage slaves or have buyer remorse.QEn and other government interventions success as a whole can be debated but it was successful in stopping the slide in 2008. Without it, I was sure we’d have another 20% drop by 2009 and another 10-20% by 2010.
Participant[quote=deadzone]To me the most relevant metric is mortgage payment in relation to equivalent rent and if that is not too far out of line you really can’t go wrong in my opinion.
I’m pretty sure there will be a QE3, QE4…QEn because quite frankly the gov has no choice. The world’s finanacial markets are one giant ponzi scheme and it is in every nations best interests to keep it going to avoid mutual assured destruction. But that said I’m still not convinced that QEs or any other government tricks will keep house prices afloat as they have clearly failed up to now.[/quote]
Totally agree about monthly payment. Which is why I’m saying not all recent buyers are mortgage slaves or have buyer remorse.QEn and other government interventions success as a whole can be debated but it was successful in stopping the slide in 2008. Without it, I was sure we’d have another 20% drop by 2009 and another 10-20% by 2010.
Participant[quote=deadzone]To me the most relevant metric is mortgage payment in relation to equivalent rent and if that is not too far out of line you really can’t go wrong in my opinion.
I’m pretty sure there will be a QE3, QE4…QEn because quite frankly the gov has no choice. The world’s finanacial markets are one giant ponzi scheme and it is in every nations best interests to keep it going to avoid mutual assured destruction. But that said I’m still not convinced that QEs or any other government tricks will keep house prices afloat as they have clearly failed up to now.[/quote]
Totally agree about monthly payment. Which is why I’m saying not all recent buyers are mortgage slaves or have buyer remorse.QEn and other government interventions success as a whole can be debated but it was successful in stopping the slide in 2008. Without it, I was sure we’d have another 20% drop by 2009 and another 10-20% by 2010.
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