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July 18, 2008 at 1:33 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242150July 18, 2008 at 1:33 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242157
surveyor
Participanthaha
Hey, Allan, maybe this time we can bring this thread to 16 pages…
July 18, 2008 at 1:33 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242212surveyor
Participanthaha
Hey, Allan, maybe this time we can bring this thread to 16 pages…
July 18, 2008 at 1:33 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242215surveyor
Participanthaha
Hey, Allan, maybe this time we can bring this thread to 16 pages…
July 18, 2008 at 1:23 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #241996surveyor
Participanthere we go again….
Hey, Marion:
Allan and I hashed it out with Obama supporters in a previous thread. It was certainly our hope that the Obama supporters actually try to debate the issues, use logic, history and facts in order to justify supporting Obama. They didn’t do a good job in that thread and neither are you in this thread.
You have already acknowledged your lack of knowledge in the issues, your disinterest in history, and clearly by your posts your inability to use logic. Unfortunately, your only response to any of this is the use of sexual innuendo, race politics, name-calling, and questionable psycho-babble.
While I realize that facts, logic and history will only get in the way of your dogma, if you think you’re going to win this argument, you’re more uneducated than I thought.
Try responding and arguing the issues and maybe you’ll learn something. You know what they say, open mouth, closed mind.
July 18, 2008 at 1:23 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242133surveyor
Participanthere we go again….
Hey, Marion:
Allan and I hashed it out with Obama supporters in a previous thread. It was certainly our hope that the Obama supporters actually try to debate the issues, use logic, history and facts in order to justify supporting Obama. They didn’t do a good job in that thread and neither are you in this thread.
You have already acknowledged your lack of knowledge in the issues, your disinterest in history, and clearly by your posts your inability to use logic. Unfortunately, your only response to any of this is the use of sexual innuendo, race politics, name-calling, and questionable psycho-babble.
While I realize that facts, logic and history will only get in the way of your dogma, if you think you’re going to win this argument, you’re more uneducated than I thought.
Try responding and arguing the issues and maybe you’ll learn something. You know what they say, open mouth, closed mind.
July 18, 2008 at 1:23 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242142surveyor
Participanthere we go again….
Hey, Marion:
Allan and I hashed it out with Obama supporters in a previous thread. It was certainly our hope that the Obama supporters actually try to debate the issues, use logic, history and facts in order to justify supporting Obama. They didn’t do a good job in that thread and neither are you in this thread.
You have already acknowledged your lack of knowledge in the issues, your disinterest in history, and clearly by your posts your inability to use logic. Unfortunately, your only response to any of this is the use of sexual innuendo, race politics, name-calling, and questionable psycho-babble.
While I realize that facts, logic and history will only get in the way of your dogma, if you think you’re going to win this argument, you’re more uneducated than I thought.
Try responding and arguing the issues and maybe you’ll learn something. You know what they say, open mouth, closed mind.
July 18, 2008 at 1:23 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242197surveyor
Participanthere we go again….
Hey, Marion:
Allan and I hashed it out with Obama supporters in a previous thread. It was certainly our hope that the Obama supporters actually try to debate the issues, use logic, history and facts in order to justify supporting Obama. They didn’t do a good job in that thread and neither are you in this thread.
You have already acknowledged your lack of knowledge in the issues, your disinterest in history, and clearly by your posts your inability to use logic. Unfortunately, your only response to any of this is the use of sexual innuendo, race politics, name-calling, and questionable psycho-babble.
While I realize that facts, logic and history will only get in the way of your dogma, if you think you’re going to win this argument, you’re more uneducated than I thought.
Try responding and arguing the issues and maybe you’ll learn something. You know what they say, open mouth, closed mind.
July 18, 2008 at 1:23 PM in reply to: McBama: The Long-Awaited Unveiling of The Official Establishment Tool #242200surveyor
Participanthere we go again….
Hey, Marion:
Allan and I hashed it out with Obama supporters in a previous thread. It was certainly our hope that the Obama supporters actually try to debate the issues, use logic, history and facts in order to justify supporting Obama. They didn’t do a good job in that thread and neither are you in this thread.
You have already acknowledged your lack of knowledge in the issues, your disinterest in history, and clearly by your posts your inability to use logic. Unfortunately, your only response to any of this is the use of sexual innuendo, race politics, name-calling, and questionable psycho-babble.
While I realize that facts, logic and history will only get in the way of your dogma, if you think you’re going to win this argument, you’re more uneducated than I thought.
Try responding and arguing the issues and maybe you’ll learn something. You know what they say, open mouth, closed mind.
July 16, 2008 at 12:57 AM in reply to: At 150x rent, 100% financing, would you buy if cash negative $200/mo? #240202surveyor
Participantlurking
One of our threads, we posted up the ROE calculator that tells you cap rates, cash flow, cash on cash, tax advantages, etc. for specific properties if you enter what information you know.
http://piggington.com/where_is_rent_headed
The Excel spreadsheet is at the bottom of the thread. Download it, take a look, and you can see specifically what the property can do for you.
I put in the spreadsheet what numbers I look at. Nowadays, I really recommend getting properties that cash flow. Regarding appreciation, you’re buying near the bottom so it’s irrelevant, you’re probably in good enough shape there. The calculator itself assumes a 4% appreciation rate over 10 years, so any appreciation rate above that is gravy.
If you have any questions, post up the property numbers and I’m sure we can shoot it to death… π
Again, try to go for cash flow properties in GOOD neighborhoods. In this economic climate, having the property cash flow eliminates most of the headaches, and allows you to ride out those periods when you have a vacancy. We are probably a couple of years away from those types of properties. The cash flow negative is probably tolerable if your household income is $200k or more. Unless you fall in that category, stay away…
On a personal note, I had a tenant in Mira Mesa leave San Diego because it was getting too expensive here. He had just gotten a new baby and while the old lifestyle made it tolerable, they could not survive long in San Diego. They moved to Texas. Fortunately, they had friends who needed a place and the friends wanted to move in right after they left. I was able to raise the rent a little and basically got no vacancy. That’s the nice thing about a good rental neighborhood like Mira Mesa.
I know that the prices look really good nowadays, especially after being tormented with $500k condos for awhile, but if you are a real estate investor, you really have to wait just a little bit longer. I’m seeing a lot of novices out there right now buying up some properties, but they are I think a little too early. And I’ll admit, I fall into that trap as well when I’m looking at how badly Oceanside prices have crashed. I have to really fight hard to remind myself that, hello, it’s Oceanside (I think the realtors here know the areas I’m referring to in Oceanside…).
Take your time. Look at 20 properties before you decide to buy one.
July 16, 2008 at 12:57 AM in reply to: At 150x rent, 100% financing, would you buy if cash negative $200/mo? #240339surveyor
Participantlurking
One of our threads, we posted up the ROE calculator that tells you cap rates, cash flow, cash on cash, tax advantages, etc. for specific properties if you enter what information you know.
http://piggington.com/where_is_rent_headed
The Excel spreadsheet is at the bottom of the thread. Download it, take a look, and you can see specifically what the property can do for you.
I put in the spreadsheet what numbers I look at. Nowadays, I really recommend getting properties that cash flow. Regarding appreciation, you’re buying near the bottom so it’s irrelevant, you’re probably in good enough shape there. The calculator itself assumes a 4% appreciation rate over 10 years, so any appreciation rate above that is gravy.
If you have any questions, post up the property numbers and I’m sure we can shoot it to death… π
Again, try to go for cash flow properties in GOOD neighborhoods. In this economic climate, having the property cash flow eliminates most of the headaches, and allows you to ride out those periods when you have a vacancy. We are probably a couple of years away from those types of properties. The cash flow negative is probably tolerable if your household income is $200k or more. Unless you fall in that category, stay away…
On a personal note, I had a tenant in Mira Mesa leave San Diego because it was getting too expensive here. He had just gotten a new baby and while the old lifestyle made it tolerable, they could not survive long in San Diego. They moved to Texas. Fortunately, they had friends who needed a place and the friends wanted to move in right after they left. I was able to raise the rent a little and basically got no vacancy. That’s the nice thing about a good rental neighborhood like Mira Mesa.
I know that the prices look really good nowadays, especially after being tormented with $500k condos for awhile, but if you are a real estate investor, you really have to wait just a little bit longer. I’m seeing a lot of novices out there right now buying up some properties, but they are I think a little too early. And I’ll admit, I fall into that trap as well when I’m looking at how badly Oceanside prices have crashed. I have to really fight hard to remind myself that, hello, it’s Oceanside (I think the realtors here know the areas I’m referring to in Oceanside…).
Take your time. Look at 20 properties before you decide to buy one.
July 16, 2008 at 12:57 AM in reply to: At 150x rent, 100% financing, would you buy if cash negative $200/mo? #240345surveyor
Participantlurking
One of our threads, we posted up the ROE calculator that tells you cap rates, cash flow, cash on cash, tax advantages, etc. for specific properties if you enter what information you know.
http://piggington.com/where_is_rent_headed
The Excel spreadsheet is at the bottom of the thread. Download it, take a look, and you can see specifically what the property can do for you.
I put in the spreadsheet what numbers I look at. Nowadays, I really recommend getting properties that cash flow. Regarding appreciation, you’re buying near the bottom so it’s irrelevant, you’re probably in good enough shape there. The calculator itself assumes a 4% appreciation rate over 10 years, so any appreciation rate above that is gravy.
If you have any questions, post up the property numbers and I’m sure we can shoot it to death… π
Again, try to go for cash flow properties in GOOD neighborhoods. In this economic climate, having the property cash flow eliminates most of the headaches, and allows you to ride out those periods when you have a vacancy. We are probably a couple of years away from those types of properties. The cash flow negative is probably tolerable if your household income is $200k or more. Unless you fall in that category, stay away…
On a personal note, I had a tenant in Mira Mesa leave San Diego because it was getting too expensive here. He had just gotten a new baby and while the old lifestyle made it tolerable, they could not survive long in San Diego. They moved to Texas. Fortunately, they had friends who needed a place and the friends wanted to move in right after they left. I was able to raise the rent a little and basically got no vacancy. That’s the nice thing about a good rental neighborhood like Mira Mesa.
I know that the prices look really good nowadays, especially after being tormented with $500k condos for awhile, but if you are a real estate investor, you really have to wait just a little bit longer. I’m seeing a lot of novices out there right now buying up some properties, but they are I think a little too early. And I’ll admit, I fall into that trap as well when I’m looking at how badly Oceanside prices have crashed. I have to really fight hard to remind myself that, hello, it’s Oceanside (I think the realtors here know the areas I’m referring to in Oceanside…).
Take your time. Look at 20 properties before you decide to buy one.
July 16, 2008 at 12:57 AM in reply to: At 150x rent, 100% financing, would you buy if cash negative $200/mo? #240402surveyor
Participantlurking
One of our threads, we posted up the ROE calculator that tells you cap rates, cash flow, cash on cash, tax advantages, etc. for specific properties if you enter what information you know.
http://piggington.com/where_is_rent_headed
The Excel spreadsheet is at the bottom of the thread. Download it, take a look, and you can see specifically what the property can do for you.
I put in the spreadsheet what numbers I look at. Nowadays, I really recommend getting properties that cash flow. Regarding appreciation, you’re buying near the bottom so it’s irrelevant, you’re probably in good enough shape there. The calculator itself assumes a 4% appreciation rate over 10 years, so any appreciation rate above that is gravy.
If you have any questions, post up the property numbers and I’m sure we can shoot it to death… π
Again, try to go for cash flow properties in GOOD neighborhoods. In this economic climate, having the property cash flow eliminates most of the headaches, and allows you to ride out those periods when you have a vacancy. We are probably a couple of years away from those types of properties. The cash flow negative is probably tolerable if your household income is $200k or more. Unless you fall in that category, stay away…
On a personal note, I had a tenant in Mira Mesa leave San Diego because it was getting too expensive here. He had just gotten a new baby and while the old lifestyle made it tolerable, they could not survive long in San Diego. They moved to Texas. Fortunately, they had friends who needed a place and the friends wanted to move in right after they left. I was able to raise the rent a little and basically got no vacancy. That’s the nice thing about a good rental neighborhood like Mira Mesa.
I know that the prices look really good nowadays, especially after being tormented with $500k condos for awhile, but if you are a real estate investor, you really have to wait just a little bit longer. I’m seeing a lot of novices out there right now buying up some properties, but they are I think a little too early. And I’ll admit, I fall into that trap as well when I’m looking at how badly Oceanside prices have crashed. I have to really fight hard to remind myself that, hello, it’s Oceanside (I think the realtors here know the areas I’m referring to in Oceanside…).
Take your time. Look at 20 properties before you decide to buy one.
July 16, 2008 at 12:57 AM in reply to: At 150x rent, 100% financing, would you buy if cash negative $200/mo? #240406surveyor
Participantlurking
One of our threads, we posted up the ROE calculator that tells you cap rates, cash flow, cash on cash, tax advantages, etc. for specific properties if you enter what information you know.
http://piggington.com/where_is_rent_headed
The Excel spreadsheet is at the bottom of the thread. Download it, take a look, and you can see specifically what the property can do for you.
I put in the spreadsheet what numbers I look at. Nowadays, I really recommend getting properties that cash flow. Regarding appreciation, you’re buying near the bottom so it’s irrelevant, you’re probably in good enough shape there. The calculator itself assumes a 4% appreciation rate over 10 years, so any appreciation rate above that is gravy.
If you have any questions, post up the property numbers and I’m sure we can shoot it to death… π
Again, try to go for cash flow properties in GOOD neighborhoods. In this economic climate, having the property cash flow eliminates most of the headaches, and allows you to ride out those periods when you have a vacancy. We are probably a couple of years away from those types of properties. The cash flow negative is probably tolerable if your household income is $200k or more. Unless you fall in that category, stay away…
On a personal note, I had a tenant in Mira Mesa leave San Diego because it was getting too expensive here. He had just gotten a new baby and while the old lifestyle made it tolerable, they could not survive long in San Diego. They moved to Texas. Fortunately, they had friends who needed a place and the friends wanted to move in right after they left. I was able to raise the rent a little and basically got no vacancy. That’s the nice thing about a good rental neighborhood like Mira Mesa.
I know that the prices look really good nowadays, especially after being tormented with $500k condos for awhile, but if you are a real estate investor, you really have to wait just a little bit longer. I’m seeing a lot of novices out there right now buying up some properties, but they are I think a little too early. And I’ll admit, I fall into that trap as well when I’m looking at how badly Oceanside prices have crashed. I have to really fight hard to remind myself that, hello, it’s Oceanside (I think the realtors here know the areas I’m referring to in Oceanside…).
Take your time. Look at 20 properties before you decide to buy one.
surveyor
Participantfuture piggington titles
NSFW = not safe for work.
So if you think that a topic might not be seen as proper by work types, put that into the title.
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