[Raybyrnes]

barnaby33
“Wow, there must be some stunning levels of, “new math,” behind that decision. Not selling more profitable then selling”
That’s not “new math”. They teach it in any first year finance course.

There are still plenty of people who would take out sub prime mortgages. Demand is there. Supply isn’t there because it is no longer profitable.

Student Loan Consolidation. Many companies have stopped offering consolidation. They lose money on each loans so they stop selling them.

SO I don’t see why it is new math to say that if I can’t sell this product in the current environment at a price that generate a profit and I have the financial capital to hold on to it why would you not.

[Raybyrnes]

barnaby33
“Wow, there must be some stunning levels of, “new math,” behind that decision. Not selling more profitable then selling”
That’s not “new math”. They teach it in any first year finance course.

There are still plenty of people who would take out sub prime mortgages. Demand is there. Supply isn’t there because it is no longer profitable.

Student Loan Consolidation. Many companies have stopped offering consolidation. They lose money on each loans so they stop selling them.

SO I don’t see why it is new math to say that if I can’t sell this product in the current environment at a price that generate a profit and I have the financial capital to hold on to it why would you not.

[Raybyrnes]

barnaby33
“Wow, there must be some stunning levels of, “new math,” behind that decision. Not selling more profitable then selling”
That’s not “new math”. They teach it in any first year finance course.

There are still plenty of people who would take out sub prime mortgages. Demand is there. Supply isn’t there because it is no longer profitable.

Student Loan Consolidation. Many companies have stopped offering consolidation. They lose money on each loans so they stop selling them.

SO I don’t see why it is new math to say that if I can’t sell this product in the current environment at a price that generate a profit and I have the financial capital to hold on to it why would you not.

[Raybyrnes]

barnaby33
“Wow, there must be some stunning levels of, “new math,” behind that decision. Not selling more profitable then selling”
That’s not “new math”. They teach it in any first year finance course.

There are still plenty of people who would take out sub prime mortgages. Demand is there. Supply isn’t there because it is no longer profitable.

Student Loan Consolidation. Many companies have stopped offering consolidation. They lose money on each loans so they stop selling them.

SO I don’t see why it is new math to say that if I can’t sell this product in the current environment at a price that generate a profit and I have the financial capital to hold on to it why would you not.

[Raybyrnes]

barnaby33
“Wow, there must be some stunning levels of, “new math,” behind that decision. Not selling more profitable then selling”
That’s not “new math”. They teach it in any first year finance course.

There are still plenty of people who would take out sub prime mortgages. Demand is there. Supply isn’t there because it is no longer profitable.

Student Loan Consolidation. Many companies have stopped offering consolidation. They lose money on each loans so they stop selling them.

SO I don’t see why it is new math to say that if I can’t sell this product in the current environment at a price that generate a profit and I have the financial capital to hold on to it why would you not.

[Raybyrnes]

pertinazzio

My observations are from looking in the Pacific Beach area. There area lot of foreigners who come here before the summer. Many will stuff 4 people in a 2 bedroom place and split the rents. These same 2 bedrroms that will become available in October and November. I spoke with leasing agents at the Avalon and Bay Pointe who both confirmed that this is the cycle.

Knowing this was extremely helpful as almost every property manager or owner told me that they “couldn’t believe how many calls they had recieved.” Rubbish. These same places continued to be listed for several months after all these supposed calls came in.

So if you are a renter in this area, you have some bargaining power during this time of year. The 2 places that we were interested in renting required no bargaining because we were renting directly form the owners, they only wanted very reliable tennants(which qualifies my family) and they were priced right.

The owners I am renting from bought there place many years ago, have virtually no taxes because of the low purchase price they paid and will net a nice monthly profit now that there palce is paid for.

[Raybyrnes]

pertinazzio

My observations are from looking in the Pacific Beach area. There area lot of foreigners who come here before the summer. Many will stuff 4 people in a 2 bedroom place and split the rents. These same 2 bedrroms that will become available in October and November. I spoke with leasing agents at the Avalon and Bay Pointe who both confirmed that this is the cycle.

Knowing this was extremely helpful as almost every property manager or owner told me that they “couldn’t believe how many calls they had recieved.” Rubbish. These same places continued to be listed for several months after all these supposed calls came in.

So if you are a renter in this area, you have some bargaining power during this time of year. The 2 places that we were interested in renting required no bargaining because we were renting directly form the owners, they only wanted very reliable tennants(which qualifies my family) and they were priced right.

The owners I am renting from bought there place many years ago, have virtually no taxes because of the low purchase price they paid and will net a nice monthly profit now that there palce is paid for.

[Raybyrnes]

pertinazzio

My observations are from looking in the Pacific Beach area. There area lot of foreigners who come here before the summer. Many will stuff 4 people in a 2 bedroom place and split the rents. These same 2 bedrroms that will become available in October and November. I spoke with leasing agents at the Avalon and Bay Pointe who both confirmed that this is the cycle.

Knowing this was extremely helpful as almost every property manager or owner told me that they “couldn’t believe how many calls they had recieved.” Rubbish. These same places continued to be listed for several months after all these supposed calls came in.

So if you are a renter in this area, you have some bargaining power during this time of year. The 2 places that we were interested in renting required no bargaining because we were renting directly form the owners, they only wanted very reliable tennants(which qualifies my family) and they were priced right.

The owners I am renting from bought there place many years ago, have virtually no taxes because of the low purchase price they paid and will net a nice monthly profit now that there palce is paid for.

[Raybyrnes]

pertinazzio

My observations are from looking in the Pacific Beach area. There area lot of foreigners who come here before the summer. Many will stuff 4 people in a 2 bedroom place and split the rents. These same 2 bedrroms that will become available in October and November. I spoke with leasing agents at the Avalon and Bay Pointe who both confirmed that this is the cycle.

Knowing this was extremely helpful as almost every property manager or owner told me that they “couldn’t believe how many calls they had recieved.” Rubbish. These same places continued to be listed for several months after all these supposed calls came in.

So if you are a renter in this area, you have some bargaining power during this time of year. The 2 places that we were interested in renting required no bargaining because we were renting directly form the owners, they only wanted very reliable tennants(which qualifies my family) and they were priced right.

The owners I am renting from bought there place many years ago, have virtually no taxes because of the low purchase price they paid and will net a nice monthly profit now that there palce is paid for.

[Raybyrnes]

pertinazzio

My observations are from looking in the Pacific Beach area. There area lot of foreigners who come here before the summer. Many will stuff 4 people in a 2 bedroom place and split the rents. These same 2 bedrroms that will become available in October and November. I spoke with leasing agents at the Avalon and Bay Pointe who both confirmed that this is the cycle.

Knowing this was extremely helpful as almost every property manager or owner told me that they “couldn’t believe how many calls they had recieved.” Rubbish. These same places continued to be listed for several months after all these supposed calls came in.

So if you are a renter in this area, you have some bargaining power during this time of year. The 2 places that we were interested in renting required no bargaining because we were renting directly form the owners, they only wanted very reliable tennants(which qualifies my family) and they were priced right.

The owners I am renting from bought there place many years ago, have virtually no taxes because of the low purchase price they paid and will net a nice monthly profit now that there palce is paid for.

[Raybyrnes]

I’ve been renting a 1 bedroom in Pacific Beach for 5 Years and my rent has not chanaged during that period of time(900 a month).

I am moving to a 2 bedroom house in a couple of weeks with real hardwood floors a yard, gargage etc $1600.

After looking at 30 or 40 properties I would say that rent around here is all over the map. There are nice places that rent for 1400 and there are dumps that rent for 1700. I think time of year has a lot to do with rents around here.

If tennants are moving out after October, owners are screwed because they could be holding that property until March or April.

[Raybyrnes]

I’ve been renting a 1 bedroom in Pacific Beach for 5 Years and my rent has not chanaged during that period of time(900 a month).

I am moving to a 2 bedroom house in a couple of weeks with real hardwood floors a yard, gargage etc $1600.

After looking at 30 or 40 properties I would say that rent around here is all over the map. There are nice places that rent for 1400 and there are dumps that rent for 1700. I think time of year has a lot to do with rents around here.

If tennants are moving out after October, owners are screwed because they could be holding that property until March or April.

[Raybyrnes]

I’ve been renting a 1 bedroom in Pacific Beach for 5 Years and my rent has not chanaged during that period of time(900 a month).

I am moving to a 2 bedroom house in a couple of weeks with real hardwood floors a yard, gargage etc $1600.

After looking at 30 or 40 properties I would say that rent around here is all over the map. There are nice places that rent for 1400 and there are dumps that rent for 1700. I think time of year has a lot to do with rents around here.

If tennants are moving out after October, owners are screwed because they could be holding that property until March or April.

[Raybyrnes]

I’ve been renting a 1 bedroom in Pacific Beach for 5 Years and my rent has not chanaged during that period of time(900 a month).

I am moving to a 2 bedroom house in a couple of weeks with real hardwood floors a yard, gargage etc $1600.

After looking at 30 or 40 properties I would say that rent around here is all over the map. There are nice places that rent for 1400 and there are dumps that rent for 1700. I think time of year has a lot to do with rents around here.

If tennants are moving out after October, owners are screwed because they could be holding that property until March or April.

[Raybyrnes]

I’ve been renting a 1 bedroom in Pacific Beach for 5 Years and my rent has not chanaged during that period of time(900 a month).

I am moving to a 2 bedroom house in a couple of weeks with real hardwood floors a yard, gargage etc $1600.

After looking at 30 or 40 properties I would say that rent around here is all over the map. There are nice places that rent for 1400 and there are dumps that rent for 1700. I think time of year has a lot to do with rents around here.

If tennants are moving out after October, owners are screwed because they could be holding that property until March or April.

[Author]

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