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DWCAP
ParticipantI am speaking as a renter here,
but I think it matters what kinda property you have and what the rent is. There is always someone willing to rent your property, the question is how will they treat it and how good will they be at being ontime with the rent. Post your place on Craigslist and see what kinda responses you get back. If you get a few “me and my 6 buddies in my band need a place to go” yikkes! IF you get a bunch of good prospects who seem to be excited, then your options are better.
Also, Dont be a LL if you cant be a hardass sometimes.
Participant[quote=temeculaguy]It’s probably the water, there is nothing screwier than water law. I took an entire class in college on riparian water rights and while i never quite understood it, it’s completely unique from other utilities. Some areas have very high water rates, sometimes multiples of other places nearby. Sometimes it’s about being at the end of the line so to speak, or far from a supply that they do not own. Intermediate water districts that buy their water also sell it to the next town and the proceeds lower their town’s bill because of the laws that regulate profit, but the guy at the end gets screwed. His district isn’t profitting more, they just pay more because they are subsidizing everyone along the way from the source, as the water becomes more scarce, his price will rise even higher in comparison. If he had enough trees to become an actual farm, their rates are entirely different, in some districts, ag users can pay a fraction of residential rates. With gas and electric, there aren’t as severe of swings in rates. Places that are elevated and far from water get to pay all the middle men and then the delivery charge. Electric price per kw is fairly stable from town to town as is gas or propane but water can have much more variance by area.
This is why in places with insane water rates, many people have wells. Unfortunately, from parcel to parcel, the ability to have a well can also vary and it is used as a selling point if it has a good well, if it doesn’t, it is worth far less.
If I remember right you need to have 5 acres to be considered ag and pay ag water rates. Otherwise he is watering those trees with city water, and you can imagine how expensive that gets. But you are right TG, water law is one of the most bizare and contradicting things you will ever try to study. I took a similar class in college, crazy stuff.
I use to live on a small avacado orchard when I was really little. It was fun to have all the trees and stuff to play with and all. Though my dad didnt make much money from selling the produce. He said he always got invites to good parties though, all the guac you could eat.
Participant[quote=temeculaguy]It’s probably the water, there is nothing screwier than water law. I took an entire class in college on riparian water rights and while i never quite understood it, it’s completely unique from other utilities. Some areas have very high water rates, sometimes multiples of other places nearby. Sometimes it’s about being at the end of the line so to speak, or far from a supply that they do not own. Intermediate water districts that buy their water also sell it to the next town and the proceeds lower their town’s bill because of the laws that regulate profit, but the guy at the end gets screwed. His district isn’t profitting more, they just pay more because they are subsidizing everyone along the way from the source, as the water becomes more scarce, his price will rise even higher in comparison. If he had enough trees to become an actual farm, their rates are entirely different, in some districts, ag users can pay a fraction of residential rates. With gas and electric, there aren’t as severe of swings in rates. Places that are elevated and far from water get to pay all the middle men and then the delivery charge. Electric price per kw is fairly stable from town to town as is gas or propane but water can have much more variance by area.
This is why in places with insane water rates, many people have wells. Unfortunately, from parcel to parcel, the ability to have a well can also vary and it is used as a selling point if it has a good well, if it doesn’t, it is worth far less.
If I remember right you need to have 5 acres to be considered ag and pay ag water rates. Otherwise he is watering those trees with city water, and you can imagine how expensive that gets. But you are right TG, water law is one of the most bizare and contradicting things you will ever try to study. I took a similar class in college, crazy stuff.
I use to live on a small avacado orchard when I was really little. It was fun to have all the trees and stuff to play with and all. Though my dad didnt make much money from selling the produce. He said he always got invites to good parties though, all the guac you could eat.
Participant[quote=temeculaguy]It’s probably the water, there is nothing screwier than water law. I took an entire class in college on riparian water rights and while i never quite understood it, it’s completely unique from other utilities. Some areas have very high water rates, sometimes multiples of other places nearby. Sometimes it’s about being at the end of the line so to speak, or far from a supply that they do not own. Intermediate water districts that buy their water also sell it to the next town and the proceeds lower their town’s bill because of the laws that regulate profit, but the guy at the end gets screwed. His district isn’t profitting more, they just pay more because they are subsidizing everyone along the way from the source, as the water becomes more scarce, his price will rise even higher in comparison. If he had enough trees to become an actual farm, their rates are entirely different, in some districts, ag users can pay a fraction of residential rates. With gas and electric, there aren’t as severe of swings in rates. Places that are elevated and far from water get to pay all the middle men and then the delivery charge. Electric price per kw is fairly stable from town to town as is gas or propane but water can have much more variance by area.
This is why in places with insane water rates, many people have wells. Unfortunately, from parcel to parcel, the ability to have a well can also vary and it is used as a selling point if it has a good well, if it doesn’t, it is worth far less.
If I remember right you need to have 5 acres to be considered ag and pay ag water rates. Otherwise he is watering those trees with city water, and you can imagine how expensive that gets. But you are right TG, water law is one of the most bizare and contradicting things you will ever try to study. I took a similar class in college, crazy stuff.
I use to live on a small avacado orchard when I was really little. It was fun to have all the trees and stuff to play with and all. Though my dad didnt make much money from selling the produce. He said he always got invites to good parties though, all the guac you could eat.
Participant[quote=temeculaguy]It’s probably the water, there is nothing screwier than water law. I took an entire class in college on riparian water rights and while i never quite understood it, it’s completely unique from other utilities. Some areas have very high water rates, sometimes multiples of other places nearby. Sometimes it’s about being at the end of the line so to speak, or far from a supply that they do not own. Intermediate water districts that buy their water also sell it to the next town and the proceeds lower their town’s bill because of the laws that regulate profit, but the guy at the end gets screwed. His district isn’t profitting more, they just pay more because they are subsidizing everyone along the way from the source, as the water becomes more scarce, his price will rise even higher in comparison. If he had enough trees to become an actual farm, their rates are entirely different, in some districts, ag users can pay a fraction of residential rates. With gas and electric, there aren’t as severe of swings in rates. Places that are elevated and far from water get to pay all the middle men and then the delivery charge. Electric price per kw is fairly stable from town to town as is gas or propane but water can have much more variance by area.
This is why in places with insane water rates, many people have wells. Unfortunately, from parcel to parcel, the ability to have a well can also vary and it is used as a selling point if it has a good well, if it doesn’t, it is worth far less.
If I remember right you need to have 5 acres to be considered ag and pay ag water rates. Otherwise he is watering those trees with city water, and you can imagine how expensive that gets. But you are right TG, water law is one of the most bizare and contradicting things you will ever try to study. I took a similar class in college, crazy stuff.
I use to live on a small avacado orchard when I was really little. It was fun to have all the trees and stuff to play with and all. Though my dad didnt make much money from selling the produce. He said he always got invites to good parties though, all the guac you could eat.
Participant[quote=temeculaguy]It’s probably the water, there is nothing screwier than water law. I took an entire class in college on riparian water rights and while i never quite understood it, it’s completely unique from other utilities. Some areas have very high water rates, sometimes multiples of other places nearby. Sometimes it’s about being at the end of the line so to speak, or far from a supply that they do not own. Intermediate water districts that buy their water also sell it to the next town and the proceeds lower their town’s bill because of the laws that regulate profit, but the guy at the end gets screwed. His district isn’t profitting more, they just pay more because they are subsidizing everyone along the way from the source, as the water becomes more scarce, his price will rise even higher in comparison. If he had enough trees to become an actual farm, their rates are entirely different, in some districts, ag users can pay a fraction of residential rates. With gas and electric, there aren’t as severe of swings in rates. Places that are elevated and far from water get to pay all the middle men and then the delivery charge. Electric price per kw is fairly stable from town to town as is gas or propane but water can have much more variance by area.
This is why in places with insane water rates, many people have wells. Unfortunately, from parcel to parcel, the ability to have a well can also vary and it is used as a selling point if it has a good well, if it doesn’t, it is worth far less.
If I remember right you need to have 5 acres to be considered ag and pay ag water rates. Otherwise he is watering those trees with city water, and you can imagine how expensive that gets. But you are right TG, water law is one of the most bizare and contradicting things you will ever try to study. I took a similar class in college, crazy stuff.
I use to live on a small avacado orchard when I was really little. It was fun to have all the trees and stuff to play with and all. Though my dad didnt make much money from selling the produce. He said he always got invites to good parties though, all the guac you could eat.
ParticipantI usually pay with my CC for the reason stated above. I could pay with cash I guess, but I
A) dont want change which I will most likley just loose.
b) Dont want to carry around large amounts of cash or go to the bank every few days
c) like getting 1% back.
d) hate the people who pay with a check and decide to start writing the check AFTER everything is scanned and take their sweet time about it too. Or pay with cash, but have to make exact change and start counting pennies about the same time the person writing the damn check does.
It is faster, 1% cheaper, and more efficient and I have never carried a balance even one month, so it doesnt cost me any more. So that is why I use my CC to buy groceries, and other stuff for that matter.
I do wonder how many people are actually paying off the balance at the end of the month though.
ParticipantI usually pay with my CC for the reason stated above. I could pay with cash I guess, but I
A) dont want change which I will most likley just loose.
b) Dont want to carry around large amounts of cash or go to the bank every few days
c) like getting 1% back.
d) hate the people who pay with a check and decide to start writing the check AFTER everything is scanned and take their sweet time about it too. Or pay with cash, but have to make exact change and start counting pennies about the same time the person writing the damn check does.
It is faster, 1% cheaper, and more efficient and I have never carried a balance even one month, so it doesnt cost me any more. So that is why I use my CC to buy groceries, and other stuff for that matter.
I do wonder how many people are actually paying off the balance at the end of the month though.
ParticipantI usually pay with my CC for the reason stated above. I could pay with cash I guess, but I
A) dont want change which I will most likley just loose.
b) Dont want to carry around large amounts of cash or go to the bank every few days
c) like getting 1% back.
d) hate the people who pay with a check and decide to start writing the check AFTER everything is scanned and take their sweet time about it too. Or pay with cash, but have to make exact change and start counting pennies about the same time the person writing the damn check does.
It is faster, 1% cheaper, and more efficient and I have never carried a balance even one month, so it doesnt cost me any more. So that is why I use my CC to buy groceries, and other stuff for that matter.
I do wonder how many people are actually paying off the balance at the end of the month though.
ParticipantI usually pay with my CC for the reason stated above. I could pay with cash I guess, but I
A) dont want change which I will most likley just loose.
b) Dont want to carry around large amounts of cash or go to the bank every few days
c) like getting 1% back.
d) hate the people who pay with a check and decide to start writing the check AFTER everything is scanned and take their sweet time about it too. Or pay with cash, but have to make exact change and start counting pennies about the same time the person writing the damn check does.
It is faster, 1% cheaper, and more efficient and I have never carried a balance even one month, so it doesnt cost me any more. So that is why I use my CC to buy groceries, and other stuff for that matter.
I do wonder how many people are actually paying off the balance at the end of the month though.
ParticipantI usually pay with my CC for the reason stated above. I could pay with cash I guess, but I
A) dont want change which I will most likley just loose.
b) Dont want to carry around large amounts of cash or go to the bank every few days
c) like getting 1% back.
d) hate the people who pay with a check and decide to start writing the check AFTER everything is scanned and take their sweet time about it too. Or pay with cash, but have to make exact change and start counting pennies about the same time the person writing the damn check does.
It is faster, 1% cheaper, and more efficient and I have never carried a balance even one month, so it doesnt cost me any more. So that is why I use my CC to buy groceries, and other stuff for that matter.
I do wonder how many people are actually paying off the balance at the end of the month though.
Participant[quote=mcpk]Fair enough. The foot-dragging you’ll note in my reply is that I’m a little reluctant to post the addresses of what I think are foreclosed homes and then be wrong about it. It’s one thing if I’m privately wrong on my dandy little spreadsheet but quite another to be wrong so publicly, especially when I’m basing my assessment of what’s a foreclosure on a limited amount of evidence. But I think it’s reasonable and fair to ask for some addresses.
And I can appreciate the categorization of my little study (probably too strong a description) as potentially “fishy”. I think that a great amount of what’s readily available to us as data is a bit questionable and there’s a ton of spin put on whatever is presented. (This is part of why I appreciate Rich and his insights. Lots of data and little to no spin.) For what it’s worth, I have little interest in spin one way or another and I don’t work in a field even loosely connected to real estate.
How about this – I’ll go through the neighborhood again and revisit the addresses one more time so that my conscience is clear about posting at least some of them. And I’ll also ask a realtor friend to look them up. For the whopping three of us reading this thread, it will be interesting. 🙂 And if I’m wrong about an address or two and someone actually lives there, maybe it will be the motivation they need to turn on their sprinklers and maybe stop selling all their furniture on craigslist.
[/quote]Cool, thanks for the leg work. And I dont see anything wrong with your methods, I just notice that alot of the time the places that we think are shadow are really just in some kinda RE limbo where they are kinda hard to find in normal searches.
Participant[quote=mcpk]Fair enough. The foot-dragging you’ll note in my reply is that I’m a little reluctant to post the addresses of what I think are foreclosed homes and then be wrong about it. It’s one thing if I’m privately wrong on my dandy little spreadsheet but quite another to be wrong so publicly, especially when I’m basing my assessment of what’s a foreclosure on a limited amount of evidence. But I think it’s reasonable and fair to ask for some addresses.
And I can appreciate the categorization of my little study (probably too strong a description) as potentially “fishy”. I think that a great amount of what’s readily available to us as data is a bit questionable and there’s a ton of spin put on whatever is presented. (This is part of why I appreciate Rich and his insights. Lots of data and little to no spin.) For what it’s worth, I have little interest in spin one way or another and I don’t work in a field even loosely connected to real estate.
How about this – I’ll go through the neighborhood again and revisit the addresses one more time so that my conscience is clear about posting at least some of them. And I’ll also ask a realtor friend to look them up. For the whopping three of us reading this thread, it will be interesting. 🙂 And if I’m wrong about an address or two and someone actually lives there, maybe it will be the motivation they need to turn on their sprinklers and maybe stop selling all their furniture on craigslist.
[/quote]Cool, thanks for the leg work. And I dont see anything wrong with your methods, I just notice that alot of the time the places that we think are shadow are really just in some kinda RE limbo where they are kinda hard to find in normal searches.
Participant[quote=mcpk]Fair enough. The foot-dragging you’ll note in my reply is that I’m a little reluctant to post the addresses of what I think are foreclosed homes and then be wrong about it. It’s one thing if I’m privately wrong on my dandy little spreadsheet but quite another to be wrong so publicly, especially when I’m basing my assessment of what’s a foreclosure on a limited amount of evidence. But I think it’s reasonable and fair to ask for some addresses.
And I can appreciate the categorization of my little study (probably too strong a description) as potentially “fishy”. I think that a great amount of what’s readily available to us as data is a bit questionable and there’s a ton of spin put on whatever is presented. (This is part of why I appreciate Rich and his insights. Lots of data and little to no spin.) For what it’s worth, I have little interest in spin one way or another and I don’t work in a field even loosely connected to real estate.
How about this – I’ll go through the neighborhood again and revisit the addresses one more time so that my conscience is clear about posting at least some of them. And I’ll also ask a realtor friend to look them up. For the whopping three of us reading this thread, it will be interesting. 🙂 And if I’m wrong about an address or two and someone actually lives there, maybe it will be the motivation they need to turn on their sprinklers and maybe stop selling all their furniture on craigslist.
[/quote]Cool, thanks for the leg work. And I dont see anything wrong with your methods, I just notice that alot of the time the places that we think are shadow are really just in some kinda RE limbo where they are kinda hard to find in normal searches.
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