Recent content by ERPguy_IHB

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    INVESTMENT: Would you buy two 150k properties with higher rents in Tustin, or one 300k property in Irvine?

    The Redfin thread was just deleted
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    INVESTMENT: Would you buy two 150k properties with higher rents in Tustin, or one 300k property in Irvine?

    I don't know who this guy is, but he's on redfin posting the exact same questions http://forums.redfin.com/rf/board/message?board.id=OrangeCounty&thread.id=1201
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    Solar powered home

    Here's a site if you want to go green http://www.solarhome.org/solarpanelscenter.html
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    land leases or purchases?

    Irvine still has some land leases. Not everyone in University Park exercised their options, and the area by Streamwood has some.
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    ALL CASH OFFERS IN IRVINE

    What makes you think that these people are that smart? They may have just compared the mortgage with the rent, and not account for taxes or vacancies.
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    When do you plan on buying and where in Irvine?

    Good idea the demand will decrease because of the season and the supply will increase because of the ending of the 3 month foreclosure moratorium.
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    IHB: Hopeful Few or Swallowed Up By Hopeless Many?

    No, it means that OC has 1.56 jobs for every house. All of OC should have a 0% unemployment rate!
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    IHB: Hopeful Few or Swallowed Up By Hopeless Many?

    People need a job before they can buy a house. Irvine was rated the 4Th Worst Big Cities For Jobs by Forbes. http://www.forbes.com/2009/04/27/worst-big-cities-jobs-opinions-columnists-employment_slide_8.html
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    orangetree?

    Orangetree's strength is that it is quiet, out-of-the-way yet in the mild of Irvine, and affordable. It’s weakness is that the houses and people are older.
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    Panda needs some advice : To Re-fi or Not to Re-fi

    Are you going to make a profit on the sale? Currently, capital gains taxes are the lowest it's been in years. The president in 2013 may raise them, so why wait to make a little more, and absorb the risk of tax increases, interest increases, economic slow down, and dollar devaluation?
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    Aliso Viejo or Portola Springs

    If you really want it, you'll have to sell the Chi-Town place. A few months ago I suggested to you to get a HELOC to finance the deal, but the banks are really clamping down on the lending. Last year WAMU reduced one of my HELOCs, and 3 weeks ago another bank froze my 100k HELOC. With 130k less...
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    Home Equity Line of Credit Question

    The US dollar is rebounding. Oil has dropped from $140 last month to $116. Gold is down from $1000 in Mar to $850. The Euro is down from .62 in Apr to .69. Real Estate is down 20% from last year. For your plan to work, long term interest rates will have to double...
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    Another 20%-25% drop in the next 3-4 Years in Irvine?

    Cal Tech & Harvey Mudd grads do better than Stanford & Berkeley grads. http://online.wsj.com/public/resources/documents/info-Salaries_for_Colleges_by_Region-sort.html
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    Another 20%-25% drop in the next 3-4 Years in Irvine?

    I spent 38 year in SF. The problem with the SF IT field is that you MUST work 6 days a week with no overtime pay. Also, factor in the fact that we OC guys can take the train to Los Angles or San Diego for a multitude of six figure jobs.
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    Lifestyle of an Orange County Millionaire

    A large part of the entire US net worth MUST be in stocks. The US economy would collapse if we didn’t invest in our production. The poor don’t have any capital, so the millionaires do it.
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