Forum Replies Created
-
AuthorPosts
-
La Jolla Renter
Participantgn, I don’t disagree with your logic for most upscale zips.
I haven’t looked at the inventory level in RSF, but La Jolla’s inventory is ridiculously low for 8,000ish single family homes.
I am not sure the move up logic definitely works in La Jolla, Del Mar, RSF, Coronado.
I know my friends and I are the minority, but 2 of us rent and 2 own. 3 of us are looking in La Jolla and 1 in RSF, LJ, or CV. The 2 owners do not plan to sell their current homes. (All 4 of us are looking in the 1.2M to 2M range)
Participantsdrealtor… you hit it… bottom is when rent = buy.
Maybe in Temecula/Chula Vista etc., it even over shoots rent = buy a bit.
I can’t put a time on it. The news is as bad as I could have expect and lots of buying still going on.
As for La Jolla, I really don’t see that single family homes have even gone back to the 2005 peak.
Participantsdrealtor… you hit it… bottom is when rent = buy.
Maybe in Temecula/Chula Vista etc., it even over shoots rent = buy a bit.
I can’t put a time on it. The news is as bad as I could have expect and lots of buying still going on.
As for La Jolla, I really don’t see that single family homes have even gone back to the 2005 peak.
Participantsdrealtor… you hit it… bottom is when rent = buy.
Maybe in Temecula/Chula Vista etc., it even over shoots rent = buy a bit.
I can’t put a time on it. The news is as bad as I could have expect and lots of buying still going on.
As for La Jolla, I really don’t see that single family homes have even gone back to the 2005 peak.
Participantsdrealtor… you hit it… bottom is when rent = buy.
Maybe in Temecula/Chula Vista etc., it even over shoots rent = buy a bit.
I can’t put a time on it. The news is as bad as I could have expect and lots of buying still going on.
As for La Jolla, I really don’t see that single family homes have even gone back to the 2005 peak.
Participantsdrealtor… you hit it… bottom is when rent = buy.
Maybe in Temecula/Chula Vista etc., it even over shoots rent = buy a bit.
I can’t put a time on it. The news is as bad as I could have expect and lots of buying still going on.
As for La Jolla, I really don’t see that single family homes have even gone back to the 2005 peak.
ParticipantNot all renters are skimping by with a few grand in the ol’ down payment fund crying because they are not homeowners.
As a matter of fact, some own a business, own cash flowing rental property, have a net worth exceeding $2M and have been maxing out their SEP IRA at the tune of $42k a year for years. In 2010 they plan to take advantage of a new tax law that will allow them to convert the Sep to a Roth IRA and pay the tax with all the cash they saved renting.
2010… age 41… with 600k in a Roth… how sweet it is being a renter.
ParticipantNot all renters are skimping by with a few grand in the ol’ down payment fund crying because they are not homeowners.
As a matter of fact, some own a business, own cash flowing rental property, have a net worth exceeding $2M and have been maxing out their SEP IRA at the tune of $42k a year for years. In 2010 they plan to take advantage of a new tax law that will allow them to convert the Sep to a Roth IRA and pay the tax with all the cash they saved renting.
2010… age 41… with 600k in a Roth… how sweet it is being a renter.
ParticipantNot all renters are skimping by with a few grand in the ol’ down payment fund crying because they are not homeowners.
As a matter of fact, some own a business, own cash flowing rental property, have a net worth exceeding $2M and have been maxing out their SEP IRA at the tune of $42k a year for years. In 2010 they plan to take advantage of a new tax law that will allow them to convert the Sep to a Roth IRA and pay the tax with all the cash they saved renting.
2010… age 41… with 600k in a Roth… how sweet it is being a renter.
ParticipantNot all renters are skimping by with a few grand in the ol’ down payment fund crying because they are not homeowners.
As a matter of fact, some own a business, own cash flowing rental property, have a net worth exceeding $2M and have been maxing out their SEP IRA at the tune of $42k a year for years. In 2010 they plan to take advantage of a new tax law that will allow them to convert the Sep to a Roth IRA and pay the tax with all the cash they saved renting.
2010… age 41… with 600k in a Roth… how sweet it is being a renter.
ParticipantNot all renters are skimping by with a few grand in the ol’ down payment fund crying because they are not homeowners.
As a matter of fact, some own a business, own cash flowing rental property, have a net worth exceeding $2M and have been maxing out their SEP IRA at the tune of $42k a year for years. In 2010 they plan to take advantage of a new tax law that will allow them to convert the Sep to a Roth IRA and pay the tax with all the cash they saved renting.
2010… age 41… with 600k in a Roth… how sweet it is being a renter.
ParticipantRaybyrnes, very aggressive… I like it!
Loan to own!!! as the say.
I can’t imagine this deal having the equity to cover the effort and risk, but worth a look.
ParticipantRaybyrnes, very aggressive… I like it!
Loan to own!!! as the say.
I can’t imagine this deal having the equity to cover the effort and risk, but worth a look.
ParticipantRaybyrnes, very aggressive… I like it!
Loan to own!!! as the say.
I can’t imagine this deal having the equity to cover the effort and risk, but worth a look.
-
AuthorPosts