[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Another vote for sdccu. Here is an example of one of the “little things.” A long time ago I was in a branch to get a car loan, the loan lady was nice and just before we start looking at options like term, biweekly or monthly payments, rates, etc. and she mentions the tax reward auto loan. She spends ten minutes explaining it, I jump on it and she offers to convert my other car loan to a tax reward loan without refinancing or resetting anything about the loan. I have deducted the interest on my car loans for the last decade, wouldn’t do it any other way. They make no extra money on the loan (there is $50 one time fee to drop a subordinated lien against your house so you can deduct the car as if it were a second on the house). I ended up refinancing the house at one point and they subordinated the loan without any effort on my part and without any cost, just like they said they would. The little secret is that car is still the collateral, in theory they can come after your house if you don’t pay your car loan but they only go after the car in practice. Then again if you have cars repo’d often, go somewhere else, it may hurt my collective membership.

Other credit union and bank members to this day get car loans and I when I ask them if they got a tax reward loan, they either were never offered one or their bank doesn’t have them.

If you have sdccu and weren’t offered a tax reward auto loan, just ask for one.

[temeculaguy]

Another vote for sdccu. Here is an example of one of the “little things.” A long time ago I was in a branch to get a car loan, the loan lady was nice and just before we start looking at options like term, biweekly or monthly payments, rates, etc. and she mentions the tax reward auto loan. She spends ten minutes explaining it, I jump on it and she offers to convert my other car loan to a tax reward loan without refinancing or resetting anything about the loan. I have deducted the interest on my car loans for the last decade, wouldn’t do it any other way. They make no extra money on the loan (there is $50 one time fee to drop a subordinated lien against your house so you can deduct the car as if it were a second on the house). I ended up refinancing the house at one point and they subordinated the loan without any effort on my part and without any cost, just like they said they would. The little secret is that car is still the collateral, in theory they can come after your house if you don’t pay your car loan but they only go after the car in practice. Then again if you have cars repo’d often, go somewhere else, it may hurt my collective membership.

Other credit union and bank members to this day get car loans and I when I ask them if they got a tax reward loan, they either were never offered one or their bank doesn’t have them.

If you have sdccu and weren’t offered a tax reward auto loan, just ask for one.

[temeculaguy]

Another vote for sdccu. Here is an example of one of the “little things.” A long time ago I was in a branch to get a car loan, the loan lady was nice and just before we start looking at options like term, biweekly or monthly payments, rates, etc. and she mentions the tax reward auto loan. She spends ten minutes explaining it, I jump on it and she offers to convert my other car loan to a tax reward loan without refinancing or resetting anything about the loan. I have deducted the interest on my car loans for the last decade, wouldn’t do it any other way. They make no extra money on the loan (there is $50 one time fee to drop a subordinated lien against your house so you can deduct the car as if it were a second on the house). I ended up refinancing the house at one point and they subordinated the loan without any effort on my part and without any cost, just like they said they would. The little secret is that car is still the collateral, in theory they can come after your house if you don’t pay your car loan but they only go after the car in practice. Then again if you have cars repo’d often, go somewhere else, it may hurt my collective membership.

Other credit union and bank members to this day get car loans and I when I ask them if they got a tax reward loan, they either were never offered one or their bank doesn’t have them.

If you have sdccu and weren’t offered a tax reward auto loan, just ask for one.

[temeculaguy]

Another vote for sdccu. Here is an example of one of the “little things.” A long time ago I was in a branch to get a car loan, the loan lady was nice and just before we start looking at options like term, biweekly or monthly payments, rates, etc. and she mentions the tax reward auto loan. She spends ten minutes explaining it, I jump on it and she offers to convert my other car loan to a tax reward loan without refinancing or resetting anything about the loan. I have deducted the interest on my car loans for the last decade, wouldn’t do it any other way. They make no extra money on the loan (there is $50 one time fee to drop a subordinated lien against your house so you can deduct the car as if it were a second on the house). I ended up refinancing the house at one point and they subordinated the loan without any effort on my part and without any cost, just like they said they would. The little secret is that car is still the collateral, in theory they can come after your house if you don’t pay your car loan but they only go after the car in practice. Then again if you have cars repo’d often, go somewhere else, it may hurt my collective membership.

Other credit union and bank members to this day get car loans and I when I ask them if they got a tax reward loan, they either were never offered one or their bank doesn’t have them.

If you have sdccu and weren’t offered a tax reward auto loan, just ask for one.

[temeculaguy]

Another vote for sdccu. Here is an example of one of the “little things.” A long time ago I was in a branch to get a car loan, the loan lady was nice and just before we start looking at options like term, biweekly or monthly payments, rates, etc. and she mentions the tax reward auto loan. She spends ten minutes explaining it, I jump on it and she offers to convert my other car loan to a tax reward loan without refinancing or resetting anything about the loan. I have deducted the interest on my car loans for the last decade, wouldn’t do it any other way. They make no extra money on the loan (there is $50 one time fee to drop a subordinated lien against your house so you can deduct the car as if it were a second on the house). I ended up refinancing the house at one point and they subordinated the loan without any effort on my part and without any cost, just like they said they would. The little secret is that car is still the collateral, in theory they can come after your house if you don’t pay your car loan but they only go after the car in practice. Then again if you have cars repo’d often, go somewhere else, it may hurt my collective membership.

Other credit union and bank members to this day get car loans and I when I ask them if they got a tax reward loan, they either were never offered one or their bank doesn’t have them.

If you have sdccu and weren’t offered a tax reward auto loan, just ask for one.

[temeculaguy]

I’m gonna pick up my pom poms, dude, you are going to be fine barring finding any calamity with the hoa being in trouble financially. Let’s see, it’s bigger, you like the area better, it’s cheaper than renting, you are paying 33 cents on the dollar, the gov’t is going to give you free money and you will get a nice tax deduction to boot.

People will always tell you to wait, guess what, people told the knucklehead that paid 300k, to buy it. The previous owner had bad math, you have good math. You can fall back if needed, you can rent it for more than your monthly payment if needed, you can stay there and still save money even if it never appreciates. Of course there will be other repos and distressed properties in the complex, if there weren’t you wouldn’t be able to buy it for 2/3’s off. There are no sure things but I’m convinced this is as close to a sure thing you will find right now, you have my blessings and I wish you well.

There are plenty of areas that have not sustained the losses that chula vista has, you cannot compare them on the timeline, this is exaclty the scenario to look for, when it is cheaper to buy than rent without factoring the tax rammifications, then you are there. Most of us on these boards can look back a few years and only hoped things would return to the numbers you provided, it appears in chula vista, balance has returned to the market. The pain train is getting closer to the coveted areas, hope everyone is ready.

[temeculaguy]

I’m gonna pick up my pom poms, dude, you are going to be fine barring finding any calamity with the hoa being in trouble financially. Let’s see, it’s bigger, you like the area better, it’s cheaper than renting, you are paying 33 cents on the dollar, the gov’t is going to give you free money and you will get a nice tax deduction to boot.

People will always tell you to wait, guess what, people told the knucklehead that paid 300k, to buy it. The previous owner had bad math, you have good math. You can fall back if needed, you can rent it for more than your monthly payment if needed, you can stay there and still save money even if it never appreciates. Of course there will be other repos and distressed properties in the complex, if there weren’t you wouldn’t be able to buy it for 2/3’s off. There are no sure things but I’m convinced this is as close to a sure thing you will find right now, you have my blessings and I wish you well.

There are plenty of areas that have not sustained the losses that chula vista has, you cannot compare them on the timeline, this is exaclty the scenario to look for, when it is cheaper to buy than rent without factoring the tax rammifications, then you are there. Most of us on these boards can look back a few years and only hoped things would return to the numbers you provided, it appears in chula vista, balance has returned to the market. The pain train is getting closer to the coveted areas, hope everyone is ready.

[temeculaguy]

I’m gonna pick up my pom poms, dude, you are going to be fine barring finding any calamity with the hoa being in trouble financially. Let’s see, it’s bigger, you like the area better, it’s cheaper than renting, you are paying 33 cents on the dollar, the gov’t is going to give you free money and you will get a nice tax deduction to boot.

People will always tell you to wait, guess what, people told the knucklehead that paid 300k, to buy it. The previous owner had bad math, you have good math. You can fall back if needed, you can rent it for more than your monthly payment if needed, you can stay there and still save money even if it never appreciates. Of course there will be other repos and distressed properties in the complex, if there weren’t you wouldn’t be able to buy it for 2/3’s off. There are no sure things but I’m convinced this is as close to a sure thing you will find right now, you have my blessings and I wish you well.

There are plenty of areas that have not sustained the losses that chula vista has, you cannot compare them on the timeline, this is exaclty the scenario to look for, when it is cheaper to buy than rent without factoring the tax rammifications, then you are there. Most of us on these boards can look back a few years and only hoped things would return to the numbers you provided, it appears in chula vista, balance has returned to the market. The pain train is getting closer to the coveted areas, hope everyone is ready.

[temeculaguy]

I’m gonna pick up my pom poms, dude, you are going to be fine barring finding any calamity with the hoa being in trouble financially. Let’s see, it’s bigger, you like the area better, it’s cheaper than renting, you are paying 33 cents on the dollar, the gov’t is going to give you free money and you will get a nice tax deduction to boot.

People will always tell you to wait, guess what, people told the knucklehead that paid 300k, to buy it. The previous owner had bad math, you have good math. You can fall back if needed, you can rent it for more than your monthly payment if needed, you can stay there and still save money even if it never appreciates. Of course there will be other repos and distressed properties in the complex, if there weren’t you wouldn’t be able to buy it for 2/3’s off. There are no sure things but I’m convinced this is as close to a sure thing you will find right now, you have my blessings and I wish you well.

There are plenty of areas that have not sustained the losses that chula vista has, you cannot compare them on the timeline, this is exaclty the scenario to look for, when it is cheaper to buy than rent without factoring the tax rammifications, then you are there. Most of us on these boards can look back a few years and only hoped things would return to the numbers you provided, it appears in chula vista, balance has returned to the market. The pain train is getting closer to the coveted areas, hope everyone is ready.

[temeculaguy]

I’m gonna pick up my pom poms, dude, you are going to be fine barring finding any calamity with the hoa being in trouble financially. Let’s see, it’s bigger, you like the area better, it’s cheaper than renting, you are paying 33 cents on the dollar, the gov’t is going to give you free money and you will get a nice tax deduction to boot.

People will always tell you to wait, guess what, people told the knucklehead that paid 300k, to buy it. The previous owner had bad math, you have good math. You can fall back if needed, you can rent it for more than your monthly payment if needed, you can stay there and still save money even if it never appreciates. Of course there will be other repos and distressed properties in the complex, if there weren’t you wouldn’t be able to buy it for 2/3’s off. There are no sure things but I’m convinced this is as close to a sure thing you will find right now, you have my blessings and I wish you well.

There are plenty of areas that have not sustained the losses that chula vista has, you cannot compare them on the timeline, this is exaclty the scenario to look for, when it is cheaper to buy than rent without factoring the tax rammifications, then you are there. Most of us on these boards can look back a few years and only hoped things would return to the numbers you provided, it appears in chula vista, balance has returned to the market. The pain train is getting closer to the coveted areas, hope everyone is ready.

[temeculaguy]

Naw, I’m not buying it, 45% just for repair and vacancies of aprtments. Hope you got a screaming deal on the place if it was in knock down condition. My much smaller sample from my half dozen family owned rentals, runs under 20% and has been under that for 20 years, of which most are sfr’s in three so cal counties. They vary in return, a few have been sold and a few have been recently aquired but none come close to 45% operating, yet all are self managed, so the comparison may be moot. All of which are owned outright so it’s easy to see the operating cost since all of the income is income (unfortunately, they are all part of a trust and I get nothing monthly, hence my desire to build my own empire). If your family is paying 45% of the income in management costs and maintenance, i say you need to hire an auditor, something stinks in denmark.

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