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February 15, 2010 at 4:07 PM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #513347
patb
ParticipantLet me get this right.
You are planning on buying a 500K asset, knowing that
you will be moving in 5 years and knowing that it won’t cash flow?Tell you what, why don’t you just start sending me
$1000/month and I’ll send you a cool picture of a beach in hawaii.After the bubble finishes bursting, SD real estate will be in the shitter for a decade or more.
There are no current growth industries and the Military is headed towards a secular decline.
Also as the Baby Boomers retire, there will be pressure down on real estate for a generation.Boomers are retiring and the Echo Boomers are headed to college.
Unless we allow open immigration from china, i wouldn’t worry about being priced out of north county.
February 15, 2010 at 4:07 PM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #513496patb
ParticipantLet me get this right.
You are planning on buying a 500K asset, knowing that
you will be moving in 5 years and knowing that it won’t cash flow?Tell you what, why don’t you just start sending me
$1000/month and I’ll send you a cool picture of a beach in hawaii.After the bubble finishes bursting, SD real estate will be in the shitter for a decade or more.
There are no current growth industries and the Military is headed towards a secular decline.
Also as the Baby Boomers retire, there will be pressure down on real estate for a generation.Boomers are retiring and the Echo Boomers are headed to college.
Unless we allow open immigration from china, i wouldn’t worry about being priced out of north county.
February 15, 2010 at 4:07 PM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #513918patb
ParticipantLet me get this right.
You are planning on buying a 500K asset, knowing that
you will be moving in 5 years and knowing that it won’t cash flow?Tell you what, why don’t you just start sending me
$1000/month and I’ll send you a cool picture of a beach in hawaii.After the bubble finishes bursting, SD real estate will be in the shitter for a decade or more.
There are no current growth industries and the Military is headed towards a secular decline.
Also as the Baby Boomers retire, there will be pressure down on real estate for a generation.Boomers are retiring and the Echo Boomers are headed to college.
Unless we allow open immigration from china, i wouldn’t worry about being priced out of north county.
February 15, 2010 at 4:07 PM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #514011patb
ParticipantLet me get this right.
You are planning on buying a 500K asset, knowing that
you will be moving in 5 years and knowing that it won’t cash flow?Tell you what, why don’t you just start sending me
$1000/month and I’ll send you a cool picture of a beach in hawaii.After the bubble finishes bursting, SD real estate will be in the shitter for a decade or more.
There are no current growth industries and the Military is headed towards a secular decline.
Also as the Baby Boomers retire, there will be pressure down on real estate for a generation.Boomers are retiring and the Echo Boomers are headed to college.
Unless we allow open immigration from china, i wouldn’t worry about being priced out of north county.
February 15, 2010 at 4:07 PM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #514265patb
ParticipantLet me get this right.
You are planning on buying a 500K asset, knowing that
you will be moving in 5 years and knowing that it won’t cash flow?Tell you what, why don’t you just start sending me
$1000/month and I’ll send you a cool picture of a beach in hawaii.After the bubble finishes bursting, SD real estate will be in the shitter for a decade or more.
There are no current growth industries and the Military is headed towards a secular decline.
Also as the Baby Boomers retire, there will be pressure down on real estate for a generation.Boomers are retiring and the Echo Boomers are headed to college.
Unless we allow open immigration from china, i wouldn’t worry about being priced out of north county.
February 14, 2010 at 9:39 AM in reply to: Help- the cool rental house we just moved into in Sept. is being forclosed on #512998patb
Participantstart escrowing the rent, or tell the landlord you
will only pay half rent until you find outwhat happens.you need the cash in cash you need to move in a crisis
February 14, 2010 at 9:39 AM in reply to: Help- the cool rental house we just moved into in Sept. is being forclosed on #513146patb
Participantstart escrowing the rent, or tell the landlord you
will only pay half rent until you find outwhat happens.you need the cash in cash you need to move in a crisis
February 14, 2010 at 9:39 AM in reply to: Help- the cool rental house we just moved into in Sept. is being forclosed on #513568patb
Participantstart escrowing the rent, or tell the landlord you
will only pay half rent until you find outwhat happens.you need the cash in cash you need to move in a crisis
February 14, 2010 at 9:39 AM in reply to: Help- the cool rental house we just moved into in Sept. is being forclosed on #513660patb
Participantstart escrowing the rent, or tell the landlord you
will only pay half rent until you find outwhat happens.you need the cash in cash you need to move in a crisis
February 14, 2010 at 9:39 AM in reply to: Help- the cool rental house we just moved into in Sept. is being forclosed on #513914patb
Participantstart escrowing the rent, or tell the landlord you
will only pay half rent until you find outwhat happens.you need the cash in cash you need to move in a crisis
patb
Participantwell I redid the pipes in my moms home, over a 10 year period.
It was replacing shot copper with new copper.
Every Christmas or thanksgiving she had a leak.
Do you know you can’t get a plumber on thanksgiving day, for love or money.How much it costs depends upon what you can access.
patb
Participantwell I redid the pipes in my moms home, over a 10 year period.
It was replacing shot copper with new copper.
Every Christmas or thanksgiving she had a leak.
Do you know you can’t get a plumber on thanksgiving day, for love or money.How much it costs depends upon what you can access.
patb
Participantwell I redid the pipes in my moms home, over a 10 year period.
It was replacing shot copper with new copper.
Every Christmas or thanksgiving she had a leak.
Do you know you can’t get a plumber on thanksgiving day, for love or money.How much it costs depends upon what you can access.
patb
Participantwell I redid the pipes in my moms home, over a 10 year period.
It was replacing shot copper with new copper.
Every Christmas or thanksgiving she had a leak.
Do you know you can’t get a plumber on thanksgiving day, for love or money.How much it costs depends upon what you can access.
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