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La Jolla Renter
Participantocrenter, thanks for the chart.
It looks like 40% chance that if someone gets a NOD they end up as a trustee sale?
Anyone know if this is the same percentage as in the high end? It could give us a look into the future of the affluent zips.
FYI, I have a business associate that has been delaying the courthouse transfer for 8 months. 8 months rent free. Wonder how many more homeowners would walk away if they knew they could pull that off.
Participantrubbieslippers,
If the thought of being a landlord is too complicated, then scratch the idea of owning and running a business. I have both, and can definitely say being a landlord is by far the easiest.
We still do not have enough personal info to give you advice. I am not big on going to a financial planner with 50k but sometimes they can lock the money up and force you to be disciplined. Just putting it in a CD is probably too tempting for the average person.
Participantrubbieslippers,
If the thought of being a landlord is too complicated, then scratch the idea of owning and running a business. I have both, and can definitely say being a landlord is by far the easiest.
We still do not have enough personal info to give you advice. I am not big on going to a financial planner with 50k but sometimes they can lock the money up and force you to be disciplined. Just putting it in a CD is probably too tempting for the average person.
Participantrubbieslippers,
If the thought of being a landlord is too complicated, then scratch the idea of owning and running a business. I have both, and can definitely say being a landlord is by far the easiest.
We still do not have enough personal info to give you advice. I am not big on going to a financial planner with 50k but sometimes they can lock the money up and force you to be disciplined. Just putting it in a CD is probably too tempting for the average person.
Participantrubbieslippers,
If the thought of being a landlord is too complicated, then scratch the idea of owning and running a business. I have both, and can definitely say being a landlord is by far the easiest.
We still do not have enough personal info to give you advice. I am not big on going to a financial planner with 50k but sometimes they can lock the money up and force you to be disciplined. Just putting it in a CD is probably too tempting for the average person.
Participantrubbieslippers,
If the thought of being a landlord is too complicated, then scratch the idea of owning and running a business. I have both, and can definitely say being a landlord is by far the easiest.
We still do not have enough personal info to give you advice. I am not big on going to a financial planner with 50k but sometimes they can lock the money up and force you to be disciplined. Just putting it in a CD is probably too tempting for the average person.
ParticipantTo answer this question correctly, we would have to know more. Age, are you on track with retirement already, other savings, other big expenses coming up, etc?
This is not the greatest time to buy or start a small business, but if you are serious, I would contact SCORE and attend a couple of work shops. As far as a business goes, you could buy a business for 150k with a SBA loan putting 30% down. A small business of this size with a good track record would net about 75k a year. If your making substantially less, this could be an option.
Without other data or details, I would suggest reading a suzy orman or dave ramsey book asap.
ParticipantTo answer this question correctly, we would have to know more. Age, are you on track with retirement already, other savings, other big expenses coming up, etc?
This is not the greatest time to buy or start a small business, but if you are serious, I would contact SCORE and attend a couple of work shops. As far as a business goes, you could buy a business for 150k with a SBA loan putting 30% down. A small business of this size with a good track record would net about 75k a year. If your making substantially less, this could be an option.
Without other data or details, I would suggest reading a suzy orman or dave ramsey book asap.
ParticipantTo answer this question correctly, we would have to know more. Age, are you on track with retirement already, other savings, other big expenses coming up, etc?
This is not the greatest time to buy or start a small business, but if you are serious, I would contact SCORE and attend a couple of work shops. As far as a business goes, you could buy a business for 150k with a SBA loan putting 30% down. A small business of this size with a good track record would net about 75k a year. If your making substantially less, this could be an option.
Without other data or details, I would suggest reading a suzy orman or dave ramsey book asap.
ParticipantTo answer this question correctly, we would have to know more. Age, are you on track with retirement already, other savings, other big expenses coming up, etc?
This is not the greatest time to buy or start a small business, but if you are serious, I would contact SCORE and attend a couple of work shops. As far as a business goes, you could buy a business for 150k with a SBA loan putting 30% down. A small business of this size with a good track record would net about 75k a year. If your making substantially less, this could be an option.
Without other data or details, I would suggest reading a suzy orman or dave ramsey book asap.
ParticipantTo answer this question correctly, we would have to know more. Age, are you on track with retirement already, other savings, other big expenses coming up, etc?
This is not the greatest time to buy or start a small business, but if you are serious, I would contact SCORE and attend a couple of work shops. As far as a business goes, you could buy a business for 150k with a SBA loan putting 30% down. A small business of this size with a good track record would net about 75k a year. If your making substantially less, this could be an option.
Without other data or details, I would suggest reading a suzy orman or dave ramsey book asap.
Participantmaybe, could also be thebreeze incognito.
Participantmaybe, could also be thebreeze incognito.
Participantmaybe, could also be thebreeze incognito.
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