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peterb
ParticipantRustico – I’ve done multi-family, SFR’s and condo’s. Mostly higher-end locations and above $700K. I’ve never been much for landlording, but I’ve done a bit of it when the places seemed like they had very good upside if held for more than a year or two.
The low-end of the market has never been my thing, but that looks to be where money is being made right now. This is causing me to take a closer look at the homes in this price level to see if there’s a profit to be made.
What have you been seeing out there?peterb
ParticipantRustico – I’ve done multi-family, SFR’s and condo’s. Mostly higher-end locations and above $700K. I’ve never been much for landlording, but I’ve done a bit of it when the places seemed like they had very good upside if held for more than a year or two.
The low-end of the market has never been my thing, but that looks to be where money is being made right now. This is causing me to take a closer look at the homes in this price level to see if there’s a profit to be made.
What have you been seeing out there?peterb
ParticipantRustico – I’ve done multi-family, SFR’s and condo’s. Mostly higher-end locations and above $700K. I’ve never been much for landlording, but I’ve done a bit of it when the places seemed like they had very good upside if held for more than a year or two.
The low-end of the market has never been my thing, but that looks to be where money is being made right now. This is causing me to take a closer look at the homes in this price level to see if there’s a profit to be made.
What have you been seeing out there?peterb
ParticipantCA is officially close to 8% unemployment. How many of these people have a mortgage that needs “modification”? Unemployment is a killer for RE.
peterb
ParticipantCA is officially close to 8% unemployment. How many of these people have a mortgage that needs “modification”? Unemployment is a killer for RE.
peterb
ParticipantCA is officially close to 8% unemployment. How many of these people have a mortgage that needs “modification”? Unemployment is a killer for RE.
peterb
ParticipantCA is officially close to 8% unemployment. How many of these people have a mortgage that needs “modification”? Unemployment is a killer for RE.
peterb
ParticipantCA is officially close to 8% unemployment. How many of these people have a mortgage that needs “modification”? Unemployment is a killer for RE.
peterb
ParticipantI think Yahoo, eBay and SUN also announced fair sized lay-offs recently.
Agree with Arraya. Obama will leave most troops in Iraq for most of 2009, if not longer.
peterb
ParticipantI think Yahoo, eBay and SUN also announced fair sized lay-offs recently.
Agree with Arraya. Obama will leave most troops in Iraq for most of 2009, if not longer.
peterb
ParticipantI think Yahoo, eBay and SUN also announced fair sized lay-offs recently.
Agree with Arraya. Obama will leave most troops in Iraq for most of 2009, if not longer.
peterb
ParticipantI think Yahoo, eBay and SUN also announced fair sized lay-offs recently.
Agree with Arraya. Obama will leave most troops in Iraq for most of 2009, if not longer.
peterb
ParticipantI think Yahoo, eBay and SUN also announced fair sized lay-offs recently.
Agree with Arraya. Obama will leave most troops in Iraq for most of 2009, if not longer.
peterb
ParticipantFrom an investment point of view, there seems to be good sales activity in the sub $400K range. This is what I’ve heard from several completely unrelated sources. If this is the case, money could be made flipping in this catagory given your buy price is low enough. But buying and holding has quite a bit more downside risk at this time. IMO.
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