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ParticipantNo surprise about the sales office for Temecula homes — prices there are starting to be sensible again. Of course how many of those packing the sales office will qualify for loans now?
I was in Nordstrom’s (Horton Plaza) last week and it was noticeably emptier than in years past. My guess is that the bottom end and lower middle class are cutting back on expenses and that the upper middle classes are still shopping till they drop at Fashion Valley. Until the $180K/yr “Assistant Vice President in Charge of Lunchtime Meetings and Power Point Presentations” crowd start losing their jobs things probably won’t change too much in the nice neighborhoods.
I am seeing the occassional good deal pop up on the MLS in a nice area. Often they are fixers or flips gone bad.
ParticipantAccording to this article in the Las Vegas Sun, 500 people applied for jobs at a new In-N-Out in Vegas. And that was only on the first day that they started interviewing — they’re expecting 1000 applicants for 50 jobs.
ParticipantAccording to this article in the Las Vegas Sun, 500 people applied for jobs at a new In-N-Out in Vegas. And that was only on the first day that they started interviewing — they’re expecting 1000 applicants for 50 jobs.
ParticipantAccording to this article in the Las Vegas Sun, 500 people applied for jobs at a new In-N-Out in Vegas. And that was only on the first day that they started interviewing — they’re expecting 1000 applicants for 50 jobs.
ParticipantAccording to this article in the Las Vegas Sun, 500 people applied for jobs at a new In-N-Out in Vegas. And that was only on the first day that they started interviewing — they’re expecting 1000 applicants for 50 jobs.
ParticipantAccording to this article in the Las Vegas Sun, 500 people applied for jobs at a new In-N-Out in Vegas. And that was only on the first day that they started interviewing — they’re expecting 1000 applicants for 50 jobs.
December 18, 2008 at 11:17 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317438ParticipantI’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.
Yep that wouldn’t even be on the market for a day. Let’s look at the numbers.
$40K down – opportunity cost (4% return)- $134/month
$160K loan at 6% – $1000/month
Taxes at 1.25% – $208/month
So basically for a total cost of less than $1400 a month you get $2000 a month of income. SIGN ME UP. Put up the MLS listing right now and I guarantee you that someone here on this board will buy it — assuming of course that it doesn’t need $150K in repairs and updating.
December 18, 2008 at 11:17 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317791ParticipantI’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.
Yep that wouldn’t even be on the market for a day. Let’s look at the numbers.
$40K down – opportunity cost (4% return)- $134/month
$160K loan at 6% – $1000/month
Taxes at 1.25% – $208/month
So basically for a total cost of less than $1400 a month you get $2000 a month of income. SIGN ME UP. Put up the MLS listing right now and I guarantee you that someone here on this board will buy it — assuming of course that it doesn’t need $150K in repairs and updating.
December 18, 2008 at 11:17 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317833ParticipantI’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.
Yep that wouldn’t even be on the market for a day. Let’s look at the numbers.
$40K down – opportunity cost (4% return)- $134/month
$160K loan at 6% – $1000/month
Taxes at 1.25% – $208/month
So basically for a total cost of less than $1400 a month you get $2000 a month of income. SIGN ME UP. Put up the MLS listing right now and I guarantee you that someone here on this board will buy it — assuming of course that it doesn’t need $150K in repairs and updating.
December 18, 2008 at 11:17 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317854ParticipantI’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.
Yep that wouldn’t even be on the market for a day. Let’s look at the numbers.
$40K down – opportunity cost (4% return)- $134/month
$160K loan at 6% – $1000/month
Taxes at 1.25% – $208/month
So basically for a total cost of less than $1400 a month you get $2000 a month of income. SIGN ME UP. Put up the MLS listing right now and I guarantee you that someone here on this board will buy it — assuming of course that it doesn’t need $150K in repairs and updating.
December 18, 2008 at 11:17 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317930ParticipantI’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.
Yep that wouldn’t even be on the market for a day. Let’s look at the numbers.
$40K down – opportunity cost (4% return)- $134/month
$160K loan at 6% – $1000/month
Taxes at 1.25% – $208/month
So basically for a total cost of less than $1400 a month you get $2000 a month of income. SIGN ME UP. Put up the MLS listing right now and I guarantee you that someone here on this board will buy it — assuming of course that it doesn’t need $150K in repairs and updating.
December 17, 2008 at 2:31 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317096ParticipantI predict with 100% confidence that SD Real Estate in August 2009 will cost more in Zimbabwean dollars than it does now.
December 17, 2008 at 2:31 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317447ParticipantI predict with 100% confidence that SD Real Estate in August 2009 will cost more in Zimbabwean dollars than it does now.
December 17, 2008 at 2:31 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317490ParticipantI predict with 100% confidence that SD Real Estate in August 2009 will cost more in Zimbabwean dollars than it does now.
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