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sdsurfer
Participant[quote=kev374]agreed, there is no harm in submitting an offer.
The prices right now are so varied, some people are still stuck with their bubble level prices.. even when there are identical homes selling for drastically less. Amusing.[/quote]
Well if you check the title report or ask your realtor to you might find that a lot of them are priced higher because that is the least they can sell them for. In that case they will most likely end up a short sale, but a lot of people avoid that realization. You might find it amusing, but the seller does not.
I would recommend not to go in low, “because you think prices are going down 10%” that is just going to piss alot of people off. Find a comp that justifies your price in the same area and submit it with your offer. That way the market can tell them that your offer is valid. If you cannot find a comp to justify they you are probably too low for the current market and need to wait until you have a comp or submit your offer and hope for the best.
Participant[quote=kev374]agreed, there is no harm in submitting an offer.
The prices right now are so varied, some people are still stuck with their bubble level prices.. even when there are identical homes selling for drastically less. Amusing.[/quote]
Well if you check the title report or ask your realtor to you might find that a lot of them are priced higher because that is the least they can sell them for. In that case they will most likely end up a short sale, but a lot of people avoid that realization. You might find it amusing, but the seller does not.
I would recommend not to go in low, “because you think prices are going down 10%” that is just going to piss alot of people off. Find a comp that justifies your price in the same area and submit it with your offer. That way the market can tell them that your offer is valid. If you cannot find a comp to justify they you are probably too low for the current market and need to wait until you have a comp or submit your offer and hope for the best.
Participant[quote=kev374]agreed, there is no harm in submitting an offer.
The prices right now are so varied, some people are still stuck with their bubble level prices.. even when there are identical homes selling for drastically less. Amusing.[/quote]
Well if you check the title report or ask your realtor to you might find that a lot of them are priced higher because that is the least they can sell them for. In that case they will most likely end up a short sale, but a lot of people avoid that realization. You might find it amusing, but the seller does not.
I would recommend not to go in low, “because you think prices are going down 10%” that is just going to piss alot of people off. Find a comp that justifies your price in the same area and submit it with your offer. That way the market can tell them that your offer is valid. If you cannot find a comp to justify they you are probably too low for the current market and need to wait until you have a comp or submit your offer and hope for the best.
Participant[quote=kev374]agreed, there is no harm in submitting an offer.
The prices right now are so varied, some people are still stuck with their bubble level prices.. even when there are identical homes selling for drastically less. Amusing.[/quote]
Well if you check the title report or ask your realtor to you might find that a lot of them are priced higher because that is the least they can sell them for. In that case they will most likely end up a short sale, but a lot of people avoid that realization. You might find it amusing, but the seller does not.
I would recommend not to go in low, “because you think prices are going down 10%” that is just going to piss alot of people off. Find a comp that justifies your price in the same area and submit it with your offer. That way the market can tell them that your offer is valid. If you cannot find a comp to justify they you are probably too low for the current market and need to wait until you have a comp or submit your offer and hope for the best.
Participant[quote=kev374]agreed, there is no harm in submitting an offer.
The prices right now are so varied, some people are still stuck with their bubble level prices.. even when there are identical homes selling for drastically less. Amusing.[/quote]
Well if you check the title report or ask your realtor to you might find that a lot of them are priced higher because that is the least they can sell them for. In that case they will most likely end up a short sale, but a lot of people avoid that realization. You might find it amusing, but the seller does not.
I would recommend not to go in low, “because you think prices are going down 10%” that is just going to piss alot of people off. Find a comp that justifies your price in the same area and submit it with your offer. That way the market can tell them that your offer is valid. If you cannot find a comp to justify they you are probably too low for the current market and need to wait until you have a comp or submit your offer and hope for the best.
July 7, 2011 at 5:06 PM in reply to: Extremely Motivated Young Individual Seeks Mentor/Partner: Commercial Residential #708119ParticipantBy no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.
Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.
No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.
You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.
Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!
Good luck!
July 7, 2011 at 5:06 PM in reply to: Extremely Motivated Young Individual Seeks Mentor/Partner: Commercial Residential #708215ParticipantBy no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.
Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.
No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.
You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.
Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!
Good luck!
July 7, 2011 at 5:06 PM in reply to: Extremely Motivated Young Individual Seeks Mentor/Partner: Commercial Residential #708814ParticipantBy no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.
Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.
No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.
You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.
Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!
Good luck!
July 7, 2011 at 5:06 PM in reply to: Extremely Motivated Young Individual Seeks Mentor/Partner: Commercial Residential #708966ParticipantBy no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.
Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.
No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.
You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.
Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!
Good luck!
July 7, 2011 at 5:06 PM in reply to: Extremely Motivated Young Individual Seeks Mentor/Partner: Commercial Residential #709329ParticipantBy no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.
Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.
No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.
You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.
Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!
Good luck!
Participant[quote=deadzone][quote=sdsurfer][quote=JBurkett19]Try living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.[/quote]
I agree with you J. Of course I could spend my life worrying about when to get in or out of a certain industry/stock whatever. However, I’m too busy. I’ve got a job and a family to raise and I think theres a south swell on the way. I think I’m gonna hop on my bike and coast down Leucadia Blvd with my board and jump in the water. I love the aspect of owning my home and never thought I’d be able to get a detached home in Encinitas a short bike ride the beach without selling my soul. I feel really fortunate to think that if the &$#t hit the fan I could probably just get a job as a valet and still pay my mortgage at the rate I got last November. I dont plan to, but I could. On second thought…that would allow me to surf pretty much all day?I love all the propaganda calls on this thread. I think it’s called disagreeing with you. It’s only propaganda if you see it that way.[/quote]
Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
Did anyone say that renting kills your quality of life? I know I did’nt. I just said I’m stoked that I bought to agree with the OP. If you decide to rent good for you. If you decide to buy good for you. I actually do go to Home Depot a lot though. I like building things. I’m building a killer wraparound deck to my home. Something I never did when I rented because I was’nt going to upgrade someone elses home. I was always the guy that lived in the dirt cheap rathole right across from the water and I loved every bit of that being closer to the waves all through college, but now I have a family and it is nice to be able to improve my place a bit now and enjoy it with them.I also had a nightmare landlord on Neptune so I’m glad to not have to argue with her that the plumbing issue might not be because of me with the property being a triplex.
Participant[quote=deadzone][quote=sdsurfer][quote=JBurkett19]Try living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.[/quote]
I agree with you J. Of course I could spend my life worrying about when to get in or out of a certain industry/stock whatever. However, I’m too busy. I’ve got a job and a family to raise and I think theres a south swell on the way. I think I’m gonna hop on my bike and coast down Leucadia Blvd with my board and jump in the water. I love the aspect of owning my home and never thought I’d be able to get a detached home in Encinitas a short bike ride the beach without selling my soul. I feel really fortunate to think that if the &$#t hit the fan I could probably just get a job as a valet and still pay my mortgage at the rate I got last November. I dont plan to, but I could. On second thought…that would allow me to surf pretty much all day?I love all the propaganda calls on this thread. I think it’s called disagreeing with you. It’s only propaganda if you see it that way.[/quote]
Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
Did anyone say that renting kills your quality of life? I know I did’nt. I just said I’m stoked that I bought to agree with the OP. If you decide to rent good for you. If you decide to buy good for you. I actually do go to Home Depot a lot though. I like building things. I’m building a killer wraparound deck to my home. Something I never did when I rented because I was’nt going to upgrade someone elses home. I was always the guy that lived in the dirt cheap rathole right across from the water and I loved every bit of that being closer to the waves all through college, but now I have a family and it is nice to be able to improve my place a bit now and enjoy it with them.I also had a nightmare landlord on Neptune so I’m glad to not have to argue with her that the plumbing issue might not be because of me with the property being a triplex.
Participant[quote=deadzone][quote=sdsurfer][quote=JBurkett19]Try living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.[/quote]
I agree with you J. Of course I could spend my life worrying about when to get in or out of a certain industry/stock whatever. However, I’m too busy. I’ve got a job and a family to raise and I think theres a south swell on the way. I think I’m gonna hop on my bike and coast down Leucadia Blvd with my board and jump in the water. I love the aspect of owning my home and never thought I’d be able to get a detached home in Encinitas a short bike ride the beach without selling my soul. I feel really fortunate to think that if the &$#t hit the fan I could probably just get a job as a valet and still pay my mortgage at the rate I got last November. I dont plan to, but I could. On second thought…that would allow me to surf pretty much all day?I love all the propaganda calls on this thread. I think it’s called disagreeing with you. It’s only propaganda if you see it that way.[/quote]
Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
Did anyone say that renting kills your quality of life? I know I did’nt. I just said I’m stoked that I bought to agree with the OP. If you decide to rent good for you. If you decide to buy good for you. I actually do go to Home Depot a lot though. I like building things. I’m building a killer wraparound deck to my home. Something I never did when I rented because I was’nt going to upgrade someone elses home. I was always the guy that lived in the dirt cheap rathole right across from the water and I loved every bit of that being closer to the waves all through college, but now I have a family and it is nice to be able to improve my place a bit now and enjoy it with them.I also had a nightmare landlord on Neptune so I’m glad to not have to argue with her that the plumbing issue might not be because of me with the property being a triplex.
Participant[quote=deadzone][quote=sdsurfer][quote=JBurkett19]Try living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.[/quote]
I agree with you J. Of course I could spend my life worrying about when to get in or out of a certain industry/stock whatever. However, I’m too busy. I’ve got a job and a family to raise and I think theres a south swell on the way. I think I’m gonna hop on my bike and coast down Leucadia Blvd with my board and jump in the water. I love the aspect of owning my home and never thought I’d be able to get a detached home in Encinitas a short bike ride the beach without selling my soul. I feel really fortunate to think that if the &$#t hit the fan I could probably just get a job as a valet and still pay my mortgage at the rate I got last November. I dont plan to, but I could. On second thought…that would allow me to surf pretty much all day?I love all the propaganda calls on this thread. I think it’s called disagreeing with you. It’s only propaganda if you see it that way.[/quote]
Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
Did anyone say that renting kills your quality of life? I know I did’nt. I just said I’m stoked that I bought to agree with the OP. If you decide to rent good for you. If you decide to buy good for you. I actually do go to Home Depot a lot though. I like building things. I’m building a killer wraparound deck to my home. Something I never did when I rented because I was’nt going to upgrade someone elses home. I was always the guy that lived in the dirt cheap rathole right across from the water and I loved every bit of that being closer to the waves all through college, but now I have a family and it is nice to be able to improve my place a bit now and enjoy it with them.I also had a nightmare landlord on Neptune so I’m glad to not have to argue with her that the plumbing issue might not be because of me with the property being a triplex.
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