[outtamojo]

Will still yield about 7% and change. I’ve seen these rent for $2100/$2200/month tho- butt ugly floor plan and all. Personally would not use all cash unless I was able to weasel discount on selling price as 4% 30 year loans on investor properties are obtainable.

[outtamojo]

http://www.sdlookup.com/MLS-120012039-1251_Elfin_Forest_Rd_San_Marcos_CA_92078

Will rent in the $2k/month range.

[outtamojo]

We used this http://www.citypass.com/seattle to do tourist stuff.We stayed at Westin downtown, walking distance to everything and a nice indoor salt water pool. There is a monorail nearby but we didn’t use it. Plan around the rain.

[outtamojo]

Maybe you can find someone to empty it and then take it with you in your car?

[outtamojo]

[quote=sdrealtor]I have seen homes with paid off MR on the market before. They are more desirable and that helps them sell quicker which is worth something in a declining market. From my recollection they seem to sell for a little more but not a lot more. The premium doesn’t seem dollar for dollar. As a caveat I believe they were in Aviara so the MR fees were modest so the difference probably shouldn’t be much. As a general statement I would recommend paying off MR early for personal benefit rather than being able to sell for more in the future. I’d look at a potentially higher sales price as a bonus but would not factor that in to the decision. Just my opinion though

Edit: thinking a bit more there has gotta be a difference when the annual
MR are 5000 vs 400 so it likely would create more value in a high MR environment. I just think it would be much less than dollar for dollar[/quote]

Don’t know why it took so long but it finally dawned on me that new construction in SEH and next door Old Creek is selling with MR about $80 a month next door to older homes with MR at about $300.

Here is a nicely upgraded traditional sale with high MR
http://www.sdlookup.com/MLS-110063558-1238_Holmgrove_Dr_San_Marcos_CA_92078

Here is new construction w/ low MR
http://www.sdlookup.com/MLS-120007414-1176_Festival_Rd_San_Marcos_CA_92078

In Old Creek,

http://www.sdlookup.com/MLS-110042190-2647_Fallsview_Rd_San_Marcos_CA_92078

Old Creek New http://www.sdlookup.com/MLS-120010261-1761_Burbury_Way_San_Marcos_CA_92078

I think about paying off my CFD costing $3385/year (for 23 more years) with a payoff of about $45K. I mean where else am I going to get that kind of guaranteed head-ache free return but the wife wants to go for the gusto and get another rental….

[outtamojo]

The person I talked to about SEH CFD said a ballpark payoff estimate is free but an exact figure will require a fee that can go toward payoff.

[outtamojo]

This oughtta spark some outrage-he is actually Taiwanese.

“Website wrote “Chink in the Armor” to refer to Knicks star’s defeat on Friday night…

http://nbcsports.msnbc.com/id/46439505/ns/sports-nba/

http://www.forbes.com/sites/gregorymcneal/2012/02/18/espn-uses-chink-in-the-armor-line-twice-did-linsanity-just-go-racist/

[outtamojo]

[quote=ocrenter][quote=jimmyle]Try to call a Pakistani “Indian”.[/quote]

True, that’s a definite minefield there. And remember, one speaks Urdu and the other speaks Hindi, although it really is the same language.[/quote]

But is it ok to make fun of his weiner? (Sorry, I live in the gutter.)

[outtamojo]

[quote=ocrenter][quote=outtamojo]Gosh, and no one’s even mentioned the Jason Whitlock thing yet…..[/quote]

only because that is not worth the bandwidth it traveled on.[/quote]

Fascinating…journalists have been fired for less.

[outtamojo]

Gosh, and no one’s even mentioned the Jason Whitlock thing yet…..

[outtamojo]

Not that knowledgeable about Carlsbad, but I do know they have lot of old and new.
Both in 92009
http://www.sdlookup.com/MLS-120002926-3454_Filoli_Cir_7_Carlsbad_CA_92009

http://www.sdlookup.com/MLS-110054979-6434_Chiriqui_Ln_Carlsbad_CA_92009

http://www.sdlookup.com/MLS-120000474-2347_Terraza_Ribera_Carlsbad_CA_92009

Some older areas seem to maintain cache better than others but for the most part there does not seem to be much of a premium placed on newer construction if at all. Actually, the “premium” seems to be in HOA fees and Mello-Roos.

[outtamojo]

Imo, kids moving in and driving up/maintaining area API scores will have a bigger effect on property values than interior styling.

[outtamojo]

Kaiser Center- I was about 6 years old when me and my brothers got jumped by about 15 black dudes one weekend. I grew up on Oakland, rode AC transit everywhere, at all hours. That said, the idiots in the video protesting look nothing like the Oakland I knew. They look like out of towners using Oakland as their playground – why? Why pick on a poor city likely to not have many 1 percenters? Why
cause so much physical and monetary damage to a city that cannot afford it? Why not go to Wall ST. or at least the finacial district in San Francisco? A big F-you to all the Ocuppy Oaklanders- you all deserve a baton beating for being so stupid in bringing these protests to Oakland.

[outtamojo]

Creep by Radiohead before I conned someone into marrying me…

[outtamojo]

[quote=jameswenn][quote=markmax33][quote=SD Realtor]Mission Valley is for the most part considered rental property and like many other rental stocked areas has long since bottomed out. With few outlets available for decent returns that are fairly low risk there has been a lot of investor activity the past few years in stock like mission valley condos. Expect them the continue to appreciate modestly this year.[/quote]

I don’t know how you can make this prediction with so many condos being held by the banks. It seems irresponsible to me. Show me how many bank owned Condos there are still that haven’t been foreclosed and then make this prediction.[/quote]

At the end of the day, he’s a “realtor”.[/quote]

Have you two even read any of SD Realtor’s other posts??

[Author]

Posts