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citydweller
ParticipantCongratulations condogrrl, you are where I hope to be by the time I reach 62. I would love to retire in a downtown condo. Preferably a unit facing an interior courtyard, to avoid most of the street noise. Second choice would be Hillcrest so I could walk to Whole Foods. Maybe they’ll put a Whole Foods downtown, that would be perfect.
Good luck with your escrow. Post again after you’ve moved in, I’d love to hear what you think of the living downtown experience.
ParticipantWasn’t Inara actually referred to as an “ambassador”?
I loved Firefly, wish it had gone on for several seasons. Such a great cast.
ParticipantWasn’t Inara actually referred to as an “ambassador”?
I loved Firefly, wish it had gone on for several seasons. Such a great cast.
ParticipantWasn’t Inara actually referred to as an “ambassador”?
I loved Firefly, wish it had gone on for several seasons. Such a great cast.
ParticipantWasn’t Inara actually referred to as an “ambassador”?
I loved Firefly, wish it had gone on for several seasons. Such a great cast.
ParticipantWasn’t Inara actually referred to as an “ambassador”?
I loved Firefly, wish it had gone on for several seasons. Such a great cast.
ParticipantFemale here, single, solidly middle-aged (I’ll be 50 next year). I bought my first condo in 1998, bought and moved into my 2nd condo in 2001. Kept the first condo as a rental.
In 2003 as the value of my 2 condo’s kept skyrocketing, I was feeling like quite the savvy real estate investor. So, I HELOC’d condo #2 (my residence) and “invested” in condo #3 with a partner. Also HELOC’d enough to remodel my kitchen and bathrooms.
In 2006 my first condo had quadrupled in value, the condo I was living in had doubled in value. If I had been smart (or had discovered Piggington’s back then) I would have sold condo #2, paid off condo #1 and #3, moved back into condo #1, and semi-retired with $50K in the bank, minimal expenses and a little bit of cash flow from condo #3.
Instead, I’m now at the point where if I had to fire-sale liquidate all 3 of my properties I would be lucky to walk away with $20K. And to think, 2 years ago I was worth 1/4 million! Oh well, 50 is too young to retire anyway.
I hope by the time I’m 62 I’ll be able to sell one of the rental condos, pay off whatever is left on the other 2, and spend the rest of my years financially stress free in beautiful San Diego.
ParticipantFemale here, single, solidly middle-aged (I’ll be 50 next year). I bought my first condo in 1998, bought and moved into my 2nd condo in 2001. Kept the first condo as a rental.
In 2003 as the value of my 2 condo’s kept skyrocketing, I was feeling like quite the savvy real estate investor. So, I HELOC’d condo #2 (my residence) and “invested” in condo #3 with a partner. Also HELOC’d enough to remodel my kitchen and bathrooms.
In 2006 my first condo had quadrupled in value, the condo I was living in had doubled in value. If I had been smart (or had discovered Piggington’s back then) I would have sold condo #2, paid off condo #1 and #3, moved back into condo #1, and semi-retired with $50K in the bank, minimal expenses and a little bit of cash flow from condo #3.
Instead, I’m now at the point where if I had to fire-sale liquidate all 3 of my properties I would be lucky to walk away with $20K. And to think, 2 years ago I was worth 1/4 million! Oh well, 50 is too young to retire anyway.
I hope by the time I’m 62 I’ll be able to sell one of the rental condos, pay off whatever is left on the other 2, and spend the rest of my years financially stress free in beautiful San Diego.
ParticipantFemale here, single, solidly middle-aged (I’ll be 50 next year). I bought my first condo in 1998, bought and moved into my 2nd condo in 2001. Kept the first condo as a rental.
In 2003 as the value of my 2 condo’s kept skyrocketing, I was feeling like quite the savvy real estate investor. So, I HELOC’d condo #2 (my residence) and “invested” in condo #3 with a partner. Also HELOC’d enough to remodel my kitchen and bathrooms.
In 2006 my first condo had quadrupled in value, the condo I was living in had doubled in value. If I had been smart (or had discovered Piggington’s back then) I would have sold condo #2, paid off condo #1 and #3, moved back into condo #1, and semi-retired with $50K in the bank, minimal expenses and a little bit of cash flow from condo #3.
Instead, I’m now at the point where if I had to fire-sale liquidate all 3 of my properties I would be lucky to walk away with $20K. And to think, 2 years ago I was worth 1/4 million! Oh well, 50 is too young to retire anyway.
I hope by the time I’m 62 I’ll be able to sell one of the rental condos, pay off whatever is left on the other 2, and spend the rest of my years financially stress free in beautiful San Diego.
ParticipantFemale here, single, solidly middle-aged (I’ll be 50 next year). I bought my first condo in 1998, bought and moved into my 2nd condo in 2001. Kept the first condo as a rental.
In 2003 as the value of my 2 condo’s kept skyrocketing, I was feeling like quite the savvy real estate investor. So, I HELOC’d condo #2 (my residence) and “invested” in condo #3 with a partner. Also HELOC’d enough to remodel my kitchen and bathrooms.
In 2006 my first condo had quadrupled in value, the condo I was living in had doubled in value. If I had been smart (or had discovered Piggington’s back then) I would have sold condo #2, paid off condo #1 and #3, moved back into condo #1, and semi-retired with $50K in the bank, minimal expenses and a little bit of cash flow from condo #3.
Instead, I’m now at the point where if I had to fire-sale liquidate all 3 of my properties I would be lucky to walk away with $20K. And to think, 2 years ago I was worth 1/4 million! Oh well, 50 is too young to retire anyway.
I hope by the time I’m 62 I’ll be able to sell one of the rental condos, pay off whatever is left on the other 2, and spend the rest of my years financially stress free in beautiful San Diego.
ParticipantFemale here, single, solidly middle-aged (I’ll be 50 next year). I bought my first condo in 1998, bought and moved into my 2nd condo in 2001. Kept the first condo as a rental.
In 2003 as the value of my 2 condo’s kept skyrocketing, I was feeling like quite the savvy real estate investor. So, I HELOC’d condo #2 (my residence) and “invested” in condo #3 with a partner. Also HELOC’d enough to remodel my kitchen and bathrooms.
In 2006 my first condo had quadrupled in value, the condo I was living in had doubled in value. If I had been smart (or had discovered Piggington’s back then) I would have sold condo #2, paid off condo #1 and #3, moved back into condo #1, and semi-retired with $50K in the bank, minimal expenses and a little bit of cash flow from condo #3.
Instead, I’m now at the point where if I had to fire-sale liquidate all 3 of my properties I would be lucky to walk away with $20K. And to think, 2 years ago I was worth 1/4 million! Oh well, 50 is too young to retire anyway.
I hope by the time I’m 62 I’ll be able to sell one of the rental condos, pay off whatever is left on the other 2, and spend the rest of my years financially stress free in beautiful San Diego.
ParticipantHere’s an easy way to prove that that the odds of winning the car are higher if you switch doors after the reveal.
Assuming that you will always switch doors after the reveal, then the ultimate outcome is determined as soon as you make your first choice.
In other words, if your first choice was a goat, then you are going to end up with the car. The chance of picking a goat on your first choice is 66%.
ParticipantHere’s an easy way to prove that that the odds of winning the car are higher if you switch doors after the reveal.
Assuming that you will always switch doors after the reveal, then the ultimate outcome is determined as soon as you make your first choice.
In other words, if your first choice was a goat, then you are going to end up with the car. The chance of picking a goat on your first choice is 66%.
ParticipantHere’s an easy way to prove that that the odds of winning the car are higher if you switch doors after the reveal.
Assuming that you will always switch doors after the reveal, then the ultimate outcome is determined as soon as you make your first choice.
In other words, if your first choice was a goat, then you are going to end up with the car. The chance of picking a goat on your first choice is 66%.
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