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January 19, 2009 at 8:29 AM in reply to: Are banks holding back on foreclosed properties in San Diego? #331463January 19, 2009 at 8:29 AM in reply to: Are banks holding back on foreclosed properties in San Diego? #331540
peterb
ParticipantThey’re listing below the BPO?! Interesting. So, then the property should go very fast, right? Is this the case?
January 19, 2009 at 8:29 AM in reply to: Are banks holding back on foreclosed properties in San Diego? #331567peterb
ParticipantThey’re listing below the BPO?! Interesting. So, then the property should go very fast, right? Is this the case?
January 19, 2009 at 8:29 AM in reply to: Are banks holding back on foreclosed properties in San Diego? #331652peterb
ParticipantThey’re listing below the BPO?! Interesting. So, then the property should go very fast, right? Is this the case?
January 18, 2009 at 2:58 PM in reply to: If a lof of rental vacancy, where did the renters go #330923peterb
ParticipantI’ve noticed many RE investor clubs that have been touting the “buy and rent” scenario as the road to riches. I’ve seen them being very active in the $300K and under sector. This is creating many rentals out of the low end foreclosure market inventory. This may start to make a glut of rentals on the market.
I dont think this is the right time for this strategy as the recession is just getting up to speed. We shall see. I have a feeling these may be the next wave of foreslosures should the cash flow go negative on these homes for too long.January 18, 2009 at 2:58 PM in reply to: If a lof of rental vacancy, where did the renters go #331260peterb
ParticipantI’ve noticed many RE investor clubs that have been touting the “buy and rent” scenario as the road to riches. I’ve seen them being very active in the $300K and under sector. This is creating many rentals out of the low end foreclosure market inventory. This may start to make a glut of rentals on the market.
I dont think this is the right time for this strategy as the recession is just getting up to speed. We shall see. I have a feeling these may be the next wave of foreslosures should the cash flow go negative on these homes for too long.January 18, 2009 at 2:58 PM in reply to: If a lof of rental vacancy, where did the renters go #331337peterb
ParticipantI’ve noticed many RE investor clubs that have been touting the “buy and rent” scenario as the road to riches. I’ve seen them being very active in the $300K and under sector. This is creating many rentals out of the low end foreclosure market inventory. This may start to make a glut of rentals on the market.
I dont think this is the right time for this strategy as the recession is just getting up to speed. We shall see. I have a feeling these may be the next wave of foreslosures should the cash flow go negative on these homes for too long.January 18, 2009 at 2:58 PM in reply to: If a lof of rental vacancy, where did the renters go #331364peterb
ParticipantI’ve noticed many RE investor clubs that have been touting the “buy and rent” scenario as the road to riches. I’ve seen them being very active in the $300K and under sector. This is creating many rentals out of the low end foreclosure market inventory. This may start to make a glut of rentals on the market.
I dont think this is the right time for this strategy as the recession is just getting up to speed. We shall see. I have a feeling these may be the next wave of foreslosures should the cash flow go negative on these homes for too long.January 18, 2009 at 2:58 PM in reply to: If a lof of rental vacancy, where did the renters go #331450peterb
ParticipantI’ve noticed many RE investor clubs that have been touting the “buy and rent” scenario as the road to riches. I’ve seen them being very active in the $300K and under sector. This is creating many rentals out of the low end foreclosure market inventory. This may start to make a glut of rentals on the market.
I dont think this is the right time for this strategy as the recession is just getting up to speed. We shall see. I have a feeling these may be the next wave of foreslosures should the cash flow go negative on these homes for too long.peterb
ParticipantI’ve seen some winter rental deals because it is a tough time to have a vacancy. And there’s more flexibility from the LL. But as unemployment creeps towards 9% in CA, rents will have to be coming down in many areas.
peterb
ParticipantI’ve seen some winter rental deals because it is a tough time to have a vacancy. And there’s more flexibility from the LL. But as unemployment creeps towards 9% in CA, rents will have to be coming down in many areas.
peterb
ParticipantI’ve seen some winter rental deals because it is a tough time to have a vacancy. And there’s more flexibility from the LL. But as unemployment creeps towards 9% in CA, rents will have to be coming down in many areas.
peterb
ParticipantI’ve seen some winter rental deals because it is a tough time to have a vacancy. And there’s more flexibility from the LL. But as unemployment creeps towards 9% in CA, rents will have to be coming down in many areas.
peterb
ParticipantI’ve seen some winter rental deals because it is a tough time to have a vacancy. And there’s more flexibility from the LL. But as unemployment creeps towards 9% in CA, rents will have to be coming down in many areas.
peterb
ParticipantThe govt is ultimately us. The seperation is an illusion they’ve created to make you think you’re being “saved” by some benevolent power.
This is just another idea that wont work. In order to maintain any type of free market, they must be very careful with their level of intervention. Otherwise it becomes socialized and that’s the death of the market. So they can really only make it look like they’re helping. -
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