nyc to oc said:We're about to sign a contract on a house in the Groves, and the plan is also stay for 20+ years. I was also concerned about their being investors/renters in the development, but the sales consultant tells me that all are owner occupiers in my section (so far). Don't know if she's just saying that to make a sale, but I don't think it makes much sense from a cash flow perspective to buy here to rent out.
nyc to oc said:Can anyone who has bought and moved into the Groves confirm whether they know of houses being bought up by investors and renting out?
Irvine Dream said:nyc to oc said:Can anyone who has bought and moved into the Groves confirm whether they know of houses being bought up by investors and renting out?
There was atleast one listing in Capella that advertised for rental per previous post. On Bridle?
nyc to oc said:We're about to sign a contract on a house in the Groves, and the plan is also stay for 20+ years. I was also concerned about there being a lot of investors/renters in the development, but the sales consultant tells me that all are owner occupiers in my section (so far). Don't know if she's just saying that to make a sale, but I don't think it makes much sense from a cash flow perspective to buy here to rent out, so hopefully that's true. Where I live right now is very transient with lots of renters and also young families with small kids that eventually move out of their condos into SFR. We're looking for something more permanent.
Can anyone who has bought and moved into the Groves confirm whether they know of houses being bought up by investors and renting out?
You can always play at one of the many courts in Irvine!Legit949 said:Just need to make some friends in the Groves to play full court basketball!