[temeculaguy]

Vegas scares me because I don’t know enough about it and it’s problems seem too large, too much based on tourism.

The I/E is tricky, gotta be picky with regards to communities. There are some opportunities appearing, probably the hardest hit areas are those around March AFB, it never recovered from the base closing or the last downturn. I’ve never actually been there because it’s an armpit and I have no reason to go there but there have been some developments lately that will cause a demand for rentals.

http://nctimes.com/news/local/swcounty/article_889d6fee-4ae3-56f6-98e8-77234209cac6.html

I can’t find the articles but there is also a korean rail car company and a korean household goods company (don’t know what that means, maybe spoons and blenders and walmart crap) that are setting up deals there to manufacture. The closed base area has freight access to LA, OC and SD, plus a cargo airport and is in some foriegn enterprise zone for taxes. I don’t know what it all means other than dirt cheap rentals and bunch of jobs for renter type demographics.

I want to add a grain of salt, the one that has kept me from the lower end neighborhoods and high density rentals. The lowest end jobs are the ones getting beat up the most, the welfare benefits are being reduced and illegal aliens are moving away and self deporting. This means less low end renters, at least it’s a fair argument and one that has me shying away from what are some good numbers.

The low end SD areas, you gotta ask someone else, but they are places that may suffer a similar fate. As a community, it’s not the worst thing in the world to have your poorest pack up in search of greener pastures, but as a landlord, it would suck because they are pretty much the only people that will live there.

I also keep reading stories regarding certain schools and districts that serve primarily spanish speaking students are losing enrollment, it’s a more transient demographic than others, I’m afraid of being left holding the bag if the shift increases.

[temeculaguy]

Vegas scares me because I don’t know enough about it and it’s problems seem too large, too much based on tourism.

The I/E is tricky, gotta be picky with regards to communities. There are some opportunities appearing, probably the hardest hit areas are those around March AFB, it never recovered from the base closing or the last downturn. I’ve never actually been there because it’s an armpit and I have no reason to go there but there have been some developments lately that will cause a demand for rentals.

http://nctimes.com/news/local/swcounty/article_889d6fee-4ae3-56f6-98e8-77234209cac6.html

I can’t find the articles but there is also a korean rail car company and a korean household goods company (don’t know what that means, maybe spoons and blenders and walmart crap) that are setting up deals there to manufacture. The closed base area has freight access to LA, OC and SD, plus a cargo airport and is in some foriegn enterprise zone for taxes. I don’t know what it all means other than dirt cheap rentals and bunch of jobs for renter type demographics.

I want to add a grain of salt, the one that has kept me from the lower end neighborhoods and high density rentals. The lowest end jobs are the ones getting beat up the most, the welfare benefits are being reduced and illegal aliens are moving away and self deporting. This means less low end renters, at least it’s a fair argument and one that has me shying away from what are some good numbers.

The low end SD areas, you gotta ask someone else, but they are places that may suffer a similar fate. As a community, it’s not the worst thing in the world to have your poorest pack up in search of greener pastures, but as a landlord, it would suck because they are pretty much the only people that will live there.

I also keep reading stories regarding certain schools and districts that serve primarily spanish speaking students are losing enrollment, it’s a more transient demographic than others, I’m afraid of being left holding the bag if the shift increases.

[temeculaguy]

Vegas scares me because I don’t know enough about it and it’s problems seem too large, too much based on tourism.

The I/E is tricky, gotta be picky with regards to communities. There are some opportunities appearing, probably the hardest hit areas are those around March AFB, it never recovered from the base closing or the last downturn. I’ve never actually been there because it’s an armpit and I have no reason to go there but there have been some developments lately that will cause a demand for rentals.

http://nctimes.com/news/local/swcounty/article_889d6fee-4ae3-56f6-98e8-77234209cac6.html

I can’t find the articles but there is also a korean rail car company and a korean household goods company (don’t know what that means, maybe spoons and blenders and walmart crap) that are setting up deals there to manufacture. The closed base area has freight access to LA, OC and SD, plus a cargo airport and is in some foriegn enterprise zone for taxes. I don’t know what it all means other than dirt cheap rentals and bunch of jobs for renter type demographics.

I want to add a grain of salt, the one that has kept me from the lower end neighborhoods and high density rentals. The lowest end jobs are the ones getting beat up the most, the welfare benefits are being reduced and illegal aliens are moving away and self deporting. This means less low end renters, at least it’s a fair argument and one that has me shying away from what are some good numbers.

The low end SD areas, you gotta ask someone else, but they are places that may suffer a similar fate. As a community, it’s not the worst thing in the world to have your poorest pack up in search of greener pastures, but as a landlord, it would suck because they are pretty much the only people that will live there.

I also keep reading stories regarding certain schools and districts that serve primarily spanish speaking students are losing enrollment, it’s a more transient demographic than others, I’m afraid of being left holding the bag if the shift increases.

[temeculaguy]

Vegas scares me because I don’t know enough about it and it’s problems seem too large, too much based on tourism.

The I/E is tricky, gotta be picky with regards to communities. There are some opportunities appearing, probably the hardest hit areas are those around March AFB, it never recovered from the base closing or the last downturn. I’ve never actually been there because it’s an armpit and I have no reason to go there but there have been some developments lately that will cause a demand for rentals.

http://nctimes.com/news/local/swcounty/article_889d6fee-4ae3-56f6-98e8-77234209cac6.html

I can’t find the articles but there is also a korean rail car company and a korean household goods company (don’t know what that means, maybe spoons and blenders and walmart crap) that are setting up deals there to manufacture. The closed base area has freight access to LA, OC and SD, plus a cargo airport and is in some foriegn enterprise zone for taxes. I don’t know what it all means other than dirt cheap rentals and bunch of jobs for renter type demographics.

I want to add a grain of salt, the one that has kept me from the lower end neighborhoods and high density rentals. The lowest end jobs are the ones getting beat up the most, the welfare benefits are being reduced and illegal aliens are moving away and self deporting. This means less low end renters, at least it’s a fair argument and one that has me shying away from what are some good numbers.

The low end SD areas, you gotta ask someone else, but they are places that may suffer a similar fate. As a community, it’s not the worst thing in the world to have your poorest pack up in search of greener pastures, but as a landlord, it would suck because they are pretty much the only people that will live there.

I also keep reading stories regarding certain schools and districts that serve primarily spanish speaking students are losing enrollment, it’s a more transient demographic than others, I’m afraid of being left holding the bag if the shift increases.

[temeculaguy]

Want to know the definition of narcissism, it’s in this next sentence. Rich was talking about me.

First off, it is so well established that realty trac blows. Rt.66, your constant defense of it is troubling, almost makes me think you are somehow connected to them. Maybe you just love them like I love my iphone, but we’ve had this argument and conducted sample investigations over and over, they report 200%-300% more entries than competing websites in my research and all the pay websites kinda suck in the accuracy column. You want to read the black and white supermarket tabloids, knock yourself out, but understand when you base everything on numbers that everyone else laughs at, you will not be preaching to the choir, even the other bears don’t usually join you.

Back to the narcissism, I was one of the bears here, as the prices changed, as the formulas changed, as the graphs changed, so did my opinion.
Sometimes CAR, JP, cellar,sduude and others throw up good arguments and I go back to nuetral for a while, even feel my bearinsh roots. In reality, none of those posters are perma bears, they are just stuck in certain sticky markets. But the real disapointment is the perma bears lately just suck, their arguments are cliche and remind me of the polar opposite circa 2005 David Lereah.

This how I see it, the camp is a moving target. When I got out in 2005 my place was appraised at 600k thereabouts. the following timeline only applies to my specific situation, my specific purchase, i know the beach hasn’t dropped like this, but this is the last few years, what the camps were saying and how I viewed them, overly simplified for fun of course.

600k

bull-“r/e always goes up”
bear-“this makes no sense”
TG= advantage bear, action-sell and rent

same house 500k

bull-“it’s cheaper, great time to buy”
bear-“the historical value still doesn’t work”
TG- advantage bear, action, keep renting

same house 400k

bull-” it’s a great time to buy”
bear-“financing changes and rent/price ratio still out of whack”
TG-advantage bear, find piggington, rent, goof off

same house 300k

bull-“half off, rent nuetral, less risk, nearing building cost”
bear-“unemployment, spam, ammo, obama, tsuinami”
TG-It’s a tie, I’m gonna start making lowball offers

same house, scratch that, better house, under 300k, well under.

bull, “cheaper to buy than rent, back to pre bubble fundamentals”
bear”obama, unemployment, realtytrac, tsuinami, tsuinami, tsuinami, tsuinami
TG “advantage bull, where’s my checkbook”

[temeculaguy]

Want to know the definition of narcissism, it’s in this next sentence. Rich was talking about me.

First off, it is so well established that realty trac blows. Rt.66, your constant defense of it is troubling, almost makes me think you are somehow connected to them. Maybe you just love them like I love my iphone, but we’ve had this argument and conducted sample investigations over and over, they report 200%-300% more entries than competing websites in my research and all the pay websites kinda suck in the accuracy column. You want to read the black and white supermarket tabloids, knock yourself out, but understand when you base everything on numbers that everyone else laughs at, you will not be preaching to the choir, even the other bears don’t usually join you.

Back to the narcissism, I was one of the bears here, as the prices changed, as the formulas changed, as the graphs changed, so did my opinion.
Sometimes CAR, JP, cellar,sduude and others throw up good arguments and I go back to nuetral for a while, even feel my bearinsh roots. In reality, none of those posters are perma bears, they are just stuck in certain sticky markets. But the real disapointment is the perma bears lately just suck, their arguments are cliche and remind me of the polar opposite circa 2005 David Lereah.

This how I see it, the camp is a moving target. When I got out in 2005 my place was appraised at 600k thereabouts. the following timeline only applies to my specific situation, my specific purchase, i know the beach hasn’t dropped like this, but this is the last few years, what the camps were saying and how I viewed them, overly simplified for fun of course.

600k

bull-“r/e always goes up”
bear-“this makes no sense”
TG= advantage bear, action-sell and rent

same house 500k

bull-“it’s cheaper, great time to buy”
bear-“the historical value still doesn’t work”
TG- advantage bear, action, keep renting

same house 400k

bull-” it’s a great time to buy”
bear-“financing changes and rent/price ratio still out of whack”
TG-advantage bear, find piggington, rent, goof off

same house 300k

bull-“half off, rent nuetral, less risk, nearing building cost”
bear-“unemployment, spam, ammo, obama, tsuinami”
TG-It’s a tie, I’m gonna start making lowball offers

same house, scratch that, better house, under 300k, well under.

bull, “cheaper to buy than rent, back to pre bubble fundamentals”
bear”obama, unemployment, realtytrac, tsuinami, tsuinami, tsuinami, tsuinami
TG “advantage bull, where’s my checkbook”

[temeculaguy]

Want to know the definition of narcissism, it’s in this next sentence. Rich was talking about me.

First off, it is so well established that realty trac blows. Rt.66, your constant defense of it is troubling, almost makes me think you are somehow connected to them. Maybe you just love them like I love my iphone, but we’ve had this argument and conducted sample investigations over and over, they report 200%-300% more entries than competing websites in my research and all the pay websites kinda suck in the accuracy column. You want to read the black and white supermarket tabloids, knock yourself out, but understand when you base everything on numbers that everyone else laughs at, you will not be preaching to the choir, even the other bears don’t usually join you.

Back to the narcissism, I was one of the bears here, as the prices changed, as the formulas changed, as the graphs changed, so did my opinion.
Sometimes CAR, JP, cellar,sduude and others throw up good arguments and I go back to nuetral for a while, even feel my bearinsh roots. In reality, none of those posters are perma bears, they are just stuck in certain sticky markets. But the real disapointment is the perma bears lately just suck, their arguments are cliche and remind me of the polar opposite circa 2005 David Lereah.

This how I see it, the camp is a moving target. When I got out in 2005 my place was appraised at 600k thereabouts. the following timeline only applies to my specific situation, my specific purchase, i know the beach hasn’t dropped like this, but this is the last few years, what the camps were saying and how I viewed them, overly simplified for fun of course.

600k

bull-“r/e always goes up”
bear-“this makes no sense”
TG= advantage bear, action-sell and rent

same house 500k

bull-“it’s cheaper, great time to buy”
bear-“the historical value still doesn’t work”
TG- advantage bear, action, keep renting

same house 400k

bull-” it’s a great time to buy”
bear-“financing changes and rent/price ratio still out of whack”
TG-advantage bear, find piggington, rent, goof off

same house 300k

bull-“half off, rent nuetral, less risk, nearing building cost”
bear-“unemployment, spam, ammo, obama, tsuinami”
TG-It’s a tie, I’m gonna start making lowball offers

same house, scratch that, better house, under 300k, well under.

bull, “cheaper to buy than rent, back to pre bubble fundamentals”
bear”obama, unemployment, realtytrac, tsuinami, tsuinami, tsuinami, tsuinami
TG “advantage bull, where’s my checkbook”

[temeculaguy]

Want to know the definition of narcissism, it’s in this next sentence. Rich was talking about me.

First off, it is so well established that realty trac blows. Rt.66, your constant defense of it is troubling, almost makes me think you are somehow connected to them. Maybe you just love them like I love my iphone, but we’ve had this argument and conducted sample investigations over and over, they report 200%-300% more entries than competing websites in my research and all the pay websites kinda suck in the accuracy column. You want to read the black and white supermarket tabloids, knock yourself out, but understand when you base everything on numbers that everyone else laughs at, you will not be preaching to the choir, even the other bears don’t usually join you.

Back to the narcissism, I was one of the bears here, as the prices changed, as the formulas changed, as the graphs changed, so did my opinion.
Sometimes CAR, JP, cellar,sduude and others throw up good arguments and I go back to nuetral for a while, even feel my bearinsh roots. In reality, none of those posters are perma bears, they are just stuck in certain sticky markets. But the real disapointment is the perma bears lately just suck, their arguments are cliche and remind me of the polar opposite circa 2005 David Lereah.

This how I see it, the camp is a moving target. When I got out in 2005 my place was appraised at 600k thereabouts. the following timeline only applies to my specific situation, my specific purchase, i know the beach hasn’t dropped like this, but this is the last few years, what the camps were saying and how I viewed them, overly simplified for fun of course.

600k

bull-“r/e always goes up”
bear-“this makes no sense”
TG= advantage bear, action-sell and rent

same house 500k

bull-“it’s cheaper, great time to buy”
bear-“the historical value still doesn’t work”
TG- advantage bear, action, keep renting

same house 400k

bull-” it’s a great time to buy”
bear-“financing changes and rent/price ratio still out of whack”
TG-advantage bear, find piggington, rent, goof off

same house 300k

bull-“half off, rent nuetral, less risk, nearing building cost”
bear-“unemployment, spam, ammo, obama, tsuinami”
TG-It’s a tie, I’m gonna start making lowball offers

same house, scratch that, better house, under 300k, well under.

bull, “cheaper to buy than rent, back to pre bubble fundamentals”
bear”obama, unemployment, realtytrac, tsuinami, tsuinami, tsuinami, tsuinami
TG “advantage bull, where’s my checkbook”

[temeculaguy]

Want to know the definition of narcissism, it’s in this next sentence. Rich was talking about me.

First off, it is so well established that realty trac blows. Rt.66, your constant defense of it is troubling, almost makes me think you are somehow connected to them. Maybe you just love them like I love my iphone, but we’ve had this argument and conducted sample investigations over and over, they report 200%-300% more entries than competing websites in my research and all the pay websites kinda suck in the accuracy column. You want to read the black and white supermarket tabloids, knock yourself out, but understand when you base everything on numbers that everyone else laughs at, you will not be preaching to the choir, even the other bears don’t usually join you.

Back to the narcissism, I was one of the bears here, as the prices changed, as the formulas changed, as the graphs changed, so did my opinion.
Sometimes CAR, JP, cellar,sduude and others throw up good arguments and I go back to nuetral for a while, even feel my bearinsh roots. In reality, none of those posters are perma bears, they are just stuck in certain sticky markets. But the real disapointment is the perma bears lately just suck, their arguments are cliche and remind me of the polar opposite circa 2005 David Lereah.

This how I see it, the camp is a moving target. When I got out in 2005 my place was appraised at 600k thereabouts. the following timeline only applies to my specific situation, my specific purchase, i know the beach hasn’t dropped like this, but this is the last few years, what the camps were saying and how I viewed them, overly simplified for fun of course.

600k

bull-“r/e always goes up”
bear-“this makes no sense”
TG= advantage bear, action-sell and rent

same house 500k

bull-“it’s cheaper, great time to buy”
bear-“the historical value still doesn’t work”
TG- advantage bear, action, keep renting

same house 400k

bull-” it’s a great time to buy”
bear-“financing changes and rent/price ratio still out of whack”
TG-advantage bear, find piggington, rent, goof off

same house 300k

bull-“half off, rent nuetral, less risk, nearing building cost”
bear-“unemployment, spam, ammo, obama, tsuinami”
TG-It’s a tie, I’m gonna start making lowball offers

same house, scratch that, better house, under 300k, well under.

bull, “cheaper to buy than rent, back to pre bubble fundamentals”
bear”obama, unemployment, realtytrac, tsuinami, tsuinami, tsuinami, tsuinami
TG “advantage bull, where’s my checkbook”

[temeculaguy]

[quote=Allan from Fallbrook][quote=Aecetia]TG-
Go ahead and tell them about living on a cruise ship.[/quote]

Aecetia: You never miss an opportunity to bus toss ole TG, do you?

Geez, does he owe you money or something?[/quote]

She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

[temeculaguy]

[quote=Allan from Fallbrook][quote=Aecetia]TG-
Go ahead and tell them about living on a cruise ship.[/quote]

Aecetia: You never miss an opportunity to bus toss ole TG, do you?

Geez, does he owe you money or something?[/quote]

She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

[temeculaguy]

[quote=Allan from Fallbrook][quote=Aecetia]TG-
Go ahead and tell them about living on a cruise ship.[/quote]

Aecetia: You never miss an opportunity to bus toss ole TG, do you?

Geez, does he owe you money or something?[/quote]

She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

[temeculaguy]

[quote=Allan from Fallbrook][quote=Aecetia]TG-
Go ahead and tell them about living on a cruise ship.[/quote]

Aecetia: You never miss an opportunity to bus toss ole TG, do you?

Geez, does he owe you money or something?[/quote]

She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

[temeculaguy]

[quote=Allan from Fallbrook][quote=Aecetia]TG-
Go ahead and tell them about living on a cruise ship.[/quote]

Aecetia: You never miss an opportunity to bus toss ole TG, do you?

Geez, does he owe you money or something?[/quote]

She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

[temeculaguy]

[quote=zzz]i’ve struggled with the long term care policies and when they should be bought.
[/quote]

I looked into it for the folks as well and found similar frustrations, hence the downstairs bedroom plan. Actually the downstairs bedroom plan has other benefits as well, I have a friend who’s wife had a serious leg injury and couldn’t get up the stairs for six months (unfortunately she wasn’t a convenient carry sized wife). They didn’t have a downtairs bedroom or shower, it was quite the unforseen ordeal.

I do have long term care insurance for myself but it is an employer sponsored program and they would not cover anyone but me for any amount of money, I bought it when I was about 30, paid the premiums for 10 years and now I don’t have to pay again ever but it is in force for life. I know it is not cost effective insurance, I know I could have taken the same dollars and invested them elsewhere and probably made more money, but it didn’t break me, from memory it may have been pre-tax and at least i know that 30 years from now my kids won’t need to worry about this stuff.

CA renter, good tip on the life vial

[Author]

Posts