[temeculaguy]

I’m with sdrealtor on this one, 150-175x is no deal. 100-125x rent is the parameter you should be looking for. You need to hold back 10% for maintenance/vacancy fund, 100-125 gives you that cushion. It also gives you a cushion if the rental market gets competative and you need to price more aggresively to avoid vacancy. I have looked at 125x’s that arent selling, the 100x’s are and probably always will. I guess if you think r/e is going to go up in the next year, go for it. Odds are that it will go down and you only need it to go down a little bit to get into safer investment territory. This is a once in a lifetime burst because it was an epic bubble, credit worthy investors with a stomach for r/e will be in short supply, hold out for cash nuetral/cash positive, they will come.

[temeculaguy]

I’m with sdrealtor on this one, 150-175x is no deal. 100-125x rent is the parameter you should be looking for. You need to hold back 10% for maintenance/vacancy fund, 100-125 gives you that cushion. It also gives you a cushion if the rental market gets competative and you need to price more aggresively to avoid vacancy. I have looked at 125x’s that arent selling, the 100x’s are and probably always will. I guess if you think r/e is going to go up in the next year, go for it. Odds are that it will go down and you only need it to go down a little bit to get into safer investment territory. This is a once in a lifetime burst because it was an epic bubble, credit worthy investors with a stomach for r/e will be in short supply, hold out for cash nuetral/cash positive, they will come.

[temeculaguy]

I’m with sdrealtor on this one, 150-175x is no deal. 100-125x rent is the parameter you should be looking for. You need to hold back 10% for maintenance/vacancy fund, 100-125 gives you that cushion. It also gives you a cushion if the rental market gets competative and you need to price more aggresively to avoid vacancy. I have looked at 125x’s that arent selling, the 100x’s are and probably always will. I guess if you think r/e is going to go up in the next year, go for it. Odds are that it will go down and you only need it to go down a little bit to get into safer investment territory. This is a once in a lifetime burst because it was an epic bubble, credit worthy investors with a stomach for r/e will be in short supply, hold out for cash nuetral/cash positive, they will come.

[temeculaguy]

I’m with sdrealtor on this one, 150-175x is no deal. 100-125x rent is the parameter you should be looking for. You need to hold back 10% for maintenance/vacancy fund, 100-125 gives you that cushion. It also gives you a cushion if the rental market gets competative and you need to price more aggresively to avoid vacancy. I have looked at 125x’s that arent selling, the 100x’s are and probably always will. I guess if you think r/e is going to go up in the next year, go for it. Odds are that it will go down and you only need it to go down a little bit to get into safer investment territory. This is a once in a lifetime burst because it was an epic bubble, credit worthy investors with a stomach for r/e will be in short supply, hold out for cash nuetral/cash positive, they will come.

[temeculaguy]

No problem coop, I agree with you about that one in particular. I just reread my post about thinking the election crap would go away with the fannie freddy debacle and a quick check on the right, all the active topics are related to r/e and finance (except this one), suprise, the wait is over.

I have also found the active topics looking funny sometimes (vanishing or not accurate as to being active), logging out and logging in solves the problem sometimes.

[temeculaguy]

No problem coop, I agree with you about that one in particular. I just reread my post about thinking the election crap would go away with the fannie freddy debacle and a quick check on the right, all the active topics are related to r/e and finance (except this one), suprise, the wait is over.

I have also found the active topics looking funny sometimes (vanishing or not accurate as to being active), logging out and logging in solves the problem sometimes.

[temeculaguy]

No problem coop, I agree with you about that one in particular. I just reread my post about thinking the election crap would go away with the fannie freddy debacle and a quick check on the right, all the active topics are related to r/e and finance (except this one), suprise, the wait is over.

I have also found the active topics looking funny sometimes (vanishing or not accurate as to being active), logging out and logging in solves the problem sometimes.

[temeculaguy]

No problem coop, I agree with you about that one in particular. I just reread my post about thinking the election crap would go away with the fannie freddy debacle and a quick check on the right, all the active topics are related to r/e and finance (except this one), suprise, the wait is over.

I have also found the active topics looking funny sometimes (vanishing or not accurate as to being active), logging out and logging in solves the problem sometimes.

[temeculaguy]

No problem coop, I agree with you about that one in particular. I just reread my post about thinking the election crap would go away with the fannie freddy debacle and a quick check on the right, all the active topics are related to r/e and finance (except this one), suprise, the wait is over.

I have also found the active topics looking funny sometimes (vanishing or not accurate as to being active), logging out and logging in solves the problem sometimes.

[temeculaguy]

If you fail to hold off your wife now, expect a lifetime of servitude and misery. Partnerships are not based on doing what one half wants, when they want and how they want.

[temeculaguy]

If you fail to hold off your wife now, expect a lifetime of servitude and misery. Partnerships are not based on doing what one half wants, when they want and how they want.

[temeculaguy]

If you fail to hold off your wife now, expect a lifetime of servitude and misery. Partnerships are not based on doing what one half wants, when they want and how they want.

[temeculaguy]

If you fail to hold off your wife now, expect a lifetime of servitude and misery. Partnerships are not based on doing what one half wants, when they want and how they want.

[temeculaguy]

If you fail to hold off your wife now, expect a lifetime of servitude and misery. Partnerships are not based on doing what one half wants, when they want and how they want.

[temeculaguy]

If any government agency had the power to save the r/e bubble from bursting they would have already done it. They may do what they can to keep rates steady but the new laws passed today banning stated income and adjustable loan qualifying just took the legs out from under any short term recovery. Even if they slow the supply, decreasing the demand still has the same result, lower prices.

It’s all noise at this point, they will liquidate indymac or liquidate it’s assets to free up the cash to save the other 300 banks that they will need to cover losses for, they can’t lock up their cash trying to prop up prices with others working in competition for those same few buyers. The invisible hand is almost visible.

[Author]

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