Recent content by jbh

I?m way late to this party?it?s already disintegrated into Korean pop. >:( SoCal78, my older son went to Big Bear, and my younger son just went to CIMI (Catalina)?and I feel incredibly fortunate, given what is probably in store for the ?future? 6th graders. Already, both of my kids got to...

I would have taken the foreclosure tenant if that was the only ding, since there is a lot of that going on. But they had let every item on their credit report lapse, except for their car payment. Even the small debts were way behind. I wasn't willing to risk a long eviction process.

Thank you for you replies. Right after he moved in, he wanted some upgraded window coverings, which I decided to put in a few weeks later for him. I just wrote a check for several thousand for a new heater pump for the condo, so the timing is bad as well. I think that a private tenant-landlord...

I've been a landlord for about 17 years. I rarely, if ever, raise the rent on the property. My (former) real estate agent presented several renters 10 months ago. Some had poor credit ("I just have a foreclosure" and it turns out that they've decimated ever bit of their credit and are still...

http://patrick.net/housing/calculator.php?rent=2%2C900&price=430%2C000 Just type in your assumptions and see what happens...

I've been a landlord for 15 years. There is a certain lifestyle shift when you become a landlord. It's not just the $850/month.  It's the time involved calling contractors, reviewing tenants, etc...that counts as well. We just had our heat pump go out and it may cost us between $4,000 and...

We did this last year. I researched on realtor.com to see what our owners had paid and when. I also moved into a very stable neighborhood. Nothing is certain, but the house has had the same owner since it was new 30 years ago. Good luck!

Panda: Anecdotally..I saw one sell for around $600 in mid-2010, and then another in the same complex sell for about $70,000 less, comp-wise a couple of months ago. When I ran the numbers using the spreadsheet, there seems to be about a $50K drop in those units over the past year.

I had a long talk with an asian lady who relocated here from Japan about five years ago. She said that her husband's company really pushed Irvine for the schools and safety and lifestyle. She knows many asians at a few of the schools that my kids attend and they were told the same thing. It...

There are five 3-story listings in Corte Bella right now (all properties in there have 3 stories). The five listings have been sitting there for months. A listing that I looked at and thought that it was listed for about $100K too much was on Suncreek at $925K. It looks like they just pulled...

Classic  8)

Thank you, SGIP..I just hope that we close tomorrow. Escrow has been calling us about this for 2 weeks, and yesterday they said "Well, worst case is that you have to put up the $200K to cover the 1st-1st lien until it's resolved." What?

Hi everyone, We just discovered that our current mortgage, which was a refi 7 years ago, has two first mortgage liens on it. GMAC did not remove the first lien when we refinanced, even though they paid themselves off during the refi. How do we handle this? We've been on the phone with GMAC for...

Hi again, I sent the pm but it doesn't show up in my sent file, so I'm not sure that you received it. Let me know if I need to resend.

Hi USC...we're interested in buying a property in Irvine that will be up for auction next month. We have 20% down and qualify if your investor would like to purchase the property and flip it to us. Let me know if they are interested.