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SDNative2Participant
Just got myself a condo on the beach in Oceanside. Got to know folks in the complex to find someone who wanted to sell, and worked with seller through an escrow company directly. Much easier than I imagined…Comps came in 35K above what I paid a month ago. My mortgage person said I had instant equity…yay! More importantly, I now have a place to park myself for a little bit. Thank you, God!
SDNative2ParticipantWow, I thought TDS would subside now that Biden appears to have it in the can.
BTW and FWIW, the media does not declare a president. It’s a constitutional, statutory process completed in December.
Al Gore litigated for 37 days in 2020.
Biden hasn’t won yet.
Censored in 3…2…
SDNative2ParticipantAs an owner of a “south of 8” SFR in the College Area north of EC Blvd, my tenants have been paying $2350 without so much as a peep.
SDNative2ParticipantYou might want to search the threads here for school recommendations. I recall a really helpful discussion a few years ago about Ls Jolla vs. North Pacific Beach vs. Carmel Valley.
Other than that, you can still check the California Dept. of Education website to compare schools here:
Narrative:
https://www.sarconline.org/Data:
https://www.cde.ca.gov/ta/ac/cm/You can dig further on specific schools, but this is a starting point.
Best wishes~
SDNative2ParticipantOK Boomer.
SDNative2ParticipantIt’s been $2.59/gal for Premium the last two weeks north O’side.
SDNative2ParticipantHello. Decade-long reader here with just one SFH rental house with a mortgage. What are Pigg Landlords doing about offering or otherwise notifying their tenant(s) regarding possible rent deferment? If so, for how long? Is anyone taking advantage of forbearing a mortgage on their rental (if applicable)?
I ask, because my property mgmt is taking the stance of basically offering this to all of their tenants, and it’s falling back on owners to make it work on their end.
Thoughts?
SDNative2ParticipantWith today’s rally and press conference, Trump just sealed his re-election. Discuss.
SDNative2ParticipantBloomberg’s Mohamed El-Erian talks about Coronavirus, potential de-globalization, and less-open approach to travel.
At least a portion of the article is available here:
https://finance.yahoo.com/news/four-stage-impacts-coronavirus-034429357.htmlWhat are your thoughts on how this might affect SD coastal region housing prices? International tourism? U.S. travellers? Trump was touting national-travel as an alternative to international at a recent presser.
SDNative2ParticipantWelcome to the Landlord School of Hard Knocks. Been there. Expensive lesson, but don’t give up. Even if you did everything right, a Professional Tenant knows how make $ off a new landlord. And CA is making that easier for them with AB1482.
Might be too late for “cash for keys”. What do other Piggs think?
Wondering if your tenant has gone to the tenant lawyer in town? FWIW, I stayed away from the property once the tenant accusations started, to avoid retaliation claims.
It depends on the type of tenants your new property draws. After bringing in my own tenant once, I eventually hired a new property manager as “insurance” and a buffer against any bad tenants going forward. (as the previous PM’s wife later told me, “I had a bad feeling about those tenants” but leased it to them anyway. I found out later that that PM allowed bankruptcies if everything else–deposit, income, job longevity–was A’OK.).
If I were you, I’d go directly to one of the big landlord(only) law firms in town, listed at the Southern Calif. Rental Housing Assoc (formerly SD County Apt. Assoc). The big firms do this stuff all day long. I had a bad experience with a supposed landlord-only smaller firm. Waste of money.
You didn’t elaborate on the purchase contract/leasing of vacated side, but something about that transaction/timing seems odd.
I think you’re going down the right path to get an individual opinion from the experts. But what do I know?
SDNative2ParticipantThe irony in this string is that–like many of you– Jesus was quite the contrarian…
SDNative2ParticipantLOVE the journeys of Mule (the Guy) and Little Girl (the mule)!
Saw them first weekend in February in O’side, in the lot by the shuttered Flying Bridge restaurant, so I had to look him up. Little Girl was rolling around on the ground just enjoying herself.
“It’s in the walking the energy that protects and guides us, that creates the questions and then the answers and everything else we need as we continue the endless journey of one human being walking in one of all four directions with his or her equine partner with respect and reverence and love of this Earth which the mules call home.”
–MuleSDNative2ParticipantA survey is definitely the first step of your due diligence (I used Kappa, but I’m sure there are many other great companies out there.).
Pay to have extra stakes put in. You’ll likely pay anywhere from 3K to 10K for the whole survey package depending upon lot size. I discovered my neighbor had built the fence two feet over the property line into my yard, for 150 feet! Those extra 300 feet made the difference between being able to build 2 or 3 units in my City of SD property. My property line also went out INTO the street 10 feet deep from a 1940s City dispute, so I also gained footage there.
Also, get SDG&E and your Water dept. to each come out and mark what they can mark (sewer lines, elec lines, etc.). Go to their offices and make copies of any and all maps available. Go to the County–the assessor has a few documents for each property. You didn’t mention a septic field, but I’m assuming you don’t have that problem.
Go to your nearby school district–they should have maps going way back, and if you’re anywhere near a school, your property WILL be on their maps and you can get a copy.
If you’re the first survey in your area and they have difficulty finding other survey points (forget what they’re called), any data you can provide will help your surveyor set precedence for your property’s location.
Good luck!
March 7, 2019 at 6:05 PM in reply to: Piggington’s Evoloution-when will housing prices become the discussion again. #812013SDNative2ParticipantDear Piggs, I’ve been on here three years but lurking longer. I’m getting to a point to buy a primary residence again mid-summer. I only want to buy in 92054, West of the 5. Prices seem to have topped out for both SFRs and condos (but no multi’s that remotely pencil out at all.) Rents are lowering somewhat I’ve noticed. Should I rent one more year? Do you think coastal O’side prices might depress a little bit? What do you think of a place like North Coast Village (where most are Air BnB’d), if I could pick up a 1 BR for $450K + $500 HOA?
Thoughts?
Thank you… -
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