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BloatParticipant
What a hot button topic,
My 2c:
Prop 13 is good, not perfect, but does what it is supposed to. Has probably inflated CA RE by 20% over other states though.
I would avoid Mello Roos too, but I would look at the deal as a whole, and the value received for the Mello Roos $.
There is an inverse relationship between CA school quality and illegal immigration. More tax $$ won’t fix this.
CA spends over $10k per student. Think about what you get for your +$300k of property tax per class of kids. Mostly overpaid teachers who can’t get fired, etc.
ok, it’s my 4c.
BloatParticipantWhat a hot button topic,
My 2c:
Prop 13 is good, not perfect, but does what it is supposed to. Has probably inflated CA RE by 20% over other states though.
I would avoid Mello Roos too, but I would look at the deal as a whole, and the value received for the Mello Roos $.
There is an inverse relationship between CA school quality and illegal immigration. More tax $$ won’t fix this.
CA spends over $10k per student. Think about what you get for your +$300k of property tax per class of kids. Mostly overpaid teachers who can’t get fired, etc.
ok, it’s my 4c.
BloatParticipantWhat a hot button topic,
My 2c:
Prop 13 is good, not perfect, but does what it is supposed to. Has probably inflated CA RE by 20% over other states though.
I would avoid Mello Roos too, but I would look at the deal as a whole, and the value received for the Mello Roos $.
There is an inverse relationship between CA school quality and illegal immigration. More tax $$ won’t fix this.
CA spends over $10k per student. Think about what you get for your +$300k of property tax per class of kids. Mostly overpaid teachers who can’t get fired, etc.
ok, it’s my 4c.
BloatParticipantWhat a hot button topic,
My 2c:
Prop 13 is good, not perfect, but does what it is supposed to. Has probably inflated CA RE by 20% over other states though.
I would avoid Mello Roos too, but I would look at the deal as a whole, and the value received for the Mello Roos $.
There is an inverse relationship between CA school quality and illegal immigration. More tax $$ won’t fix this.
CA spends over $10k per student. Think about what you get for your +$300k of property tax per class of kids. Mostly overpaid teachers who can’t get fired, etc.
ok, it’s my 4c.
BloatParticipantHLS,
Exactly right on the “bread and butter”, 2 & 3 bedrooms rentals. I’ve had one in Riverside for 20 years, but I know an agent who bought basic fixers and now has almost 30 and doesn’t need to work. He rents to sec 8’s and brags about his low vacancy and how his people can rehab anything for $2-3k.
The math favors the basic units. You can rent a $200k sfr for $1200, but you might get only $1800 for a $400k sfr and you are more likely to have hoa and expensive repairs, etc. McMansions would be the worst rental investment.
BloatParticipantHLS,
Exactly right on the “bread and butter”, 2 & 3 bedrooms rentals. I’ve had one in Riverside for 20 years, but I know an agent who bought basic fixers and now has almost 30 and doesn’t need to work. He rents to sec 8’s and brags about his low vacancy and how his people can rehab anything for $2-3k.
The math favors the basic units. You can rent a $200k sfr for $1200, but you might get only $1800 for a $400k sfr and you are more likely to have hoa and expensive repairs, etc. McMansions would be the worst rental investment.
BloatParticipantHLS,
Exactly right on the “bread and butter”, 2 & 3 bedrooms rentals. I’ve had one in Riverside for 20 years, but I know an agent who bought basic fixers and now has almost 30 and doesn’t need to work. He rents to sec 8’s and brags about his low vacancy and how his people can rehab anything for $2-3k.
The math favors the basic units. You can rent a $200k sfr for $1200, but you might get only $1800 for a $400k sfr and you are more likely to have hoa and expensive repairs, etc. McMansions would be the worst rental investment.
BloatParticipantHLS,
Exactly right on the “bread and butter”, 2 & 3 bedrooms rentals. I’ve had one in Riverside for 20 years, but I know an agent who bought basic fixers and now has almost 30 and doesn’t need to work. He rents to sec 8’s and brags about his low vacancy and how his people can rehab anything for $2-3k.
The math favors the basic units. You can rent a $200k sfr for $1200, but you might get only $1800 for a $400k sfr and you are more likely to have hoa and expensive repairs, etc. McMansions would be the worst rental investment.
BloatParticipantHLS,
Exactly right on the “bread and butter”, 2 & 3 bedrooms rentals. I’ve had one in Riverside for 20 years, but I know an agent who bought basic fixers and now has almost 30 and doesn’t need to work. He rents to sec 8’s and brags about his low vacancy and how his people can rehab anything for $2-3k.
The math favors the basic units. You can rent a $200k sfr for $1200, but you might get only $1800 for a $400k sfr and you are more likely to have hoa and expensive repairs, etc. McMansions would be the worst rental investment.
BloatParticipantCL, rent.com, the newspaper, etc, they are all asking, but they are also indicative. If the market is bad then the “wishing” rent amounts will be down as a whole.
I like CL because you can do a quick keyword search (shadowridge) and note the number of listings and then calc a quick average to get a snapshot of the market. Go a little lower or offer a promo to reduce your vacancy.
BloatParticipantCL, rent.com, the newspaper, etc, they are all asking, but they are also indicative. If the market is bad then the “wishing” rent amounts will be down as a whole.
I like CL because you can do a quick keyword search (shadowridge) and note the number of listings and then calc a quick average to get a snapshot of the market. Go a little lower or offer a promo to reduce your vacancy.
BloatParticipantCL, rent.com, the newspaper, etc, they are all asking, but they are also indicative. If the market is bad then the “wishing” rent amounts will be down as a whole.
I like CL because you can do a quick keyword search (shadowridge) and note the number of listings and then calc a quick average to get a snapshot of the market. Go a little lower or offer a promo to reduce your vacancy.
BloatParticipantCL, rent.com, the newspaper, etc, they are all asking, but they are also indicative. If the market is bad then the “wishing” rent amounts will be down as a whole.
I like CL because you can do a quick keyword search (shadowridge) and note the number of listings and then calc a quick average to get a snapshot of the market. Go a little lower or offer a promo to reduce your vacancy.
BloatParticipantCL, rent.com, the newspaper, etc, they are all asking, but they are also indicative. If the market is bad then the “wishing” rent amounts will be down as a whole.
I like CL because you can do a quick keyword search (shadowridge) and note the number of listings and then calc a quick average to get a snapshot of the market. Go a little lower or offer a promo to reduce your vacancy.
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