Recent content by JLegend_IHB

Over priced. Unless you've done renovations before, you might be underestimating what a PIA and expense this will be.

Let's not forget that 2 and 1 bedroom units only have one parking space in the garage (again, unless this has changed). Yes, the HOA for the 2nd master is small - relatively. That is an extra $100 or $150 on top of everything else (I'm speculating as to the amount, but I'm sure it is more than...

I don't know the neighborhood or the Orange market, but at least the renovations were done nicely (or at least it seems in the pic).

Anyone have any updates on this project? I notice a number of lights on, which I assume are all model units, but if so, that sure is quite a number of them - I suppose they have a model for each floorplan. I received an ad from an OC realtor who, for some reason, is selling a few specific...

Is this really required of a LL (of course in this market you want an LL take care of this stuff)? A leasehold is a significant interest in property that I, as an LL, believe teh tenant should be responsible for routine things, such as replacing toilet handles, taking care of plumbing costs if...

I'm probably a broken record on this, but places like the Plaza are shitted on for their high HOA. But this condo is $750 for HOA and Mello Roos, and I'm not sure whether this includes cable, internet, phone, water, garbage and heat. Does this amount cover hazard insurance as well? Assuming...

Last time I checked, nurses were in high demand. Couple that with over time, and this would amount to some decent coin for a clock-in/clock-out type job. And I don't believe MDs are getting laid off in droves (like lawyers).

The advent of the internet has commoditized all this information, and much of this is freely available. The downside with the availability of all this information, especially to noobs, is figuring out what is useful and relevant and what is not. While I don't disagree, there is value in one...

...

Yes. Best idea I've heard so far on this forum, especially if you can get it cheap!

True. I grew up in the hood - Lakehood. I much rather be in Paris.

Another good point. He says he paid over $6ook for the place. From a previous discussion, his HOA is high too + Mello Roos, I think. May not be an ideal rental property. Probably better to cut this sucker loose when it's time. High rates of the 80s would suck, although the music was pretty...

Thanks IrvineCit. Good point. Arm isn't that bad since it is NOT interest only. I suppose the real question is, if you do the 5 years, if you end up at that place for 6 or 7, would you be comfortable paying whatever interest prevails for those 1-2 years? If rates shoot back to 6 or 7%, could...

Along this discussion, I'm curious as to know whether younger folks (no kids, or starting) have a good hunch how long they intend to stay at a property? Talking to a buddy at lunch, and his situation, up in the high conforming. He wants to fefi at 4.75 no points 5 year fixed (principal +...