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Oh no, i guess i am not expecting this 550k tri-level stucco box condo to hit 650k in next 5 years, although i do feel an yearly increase of $100 rent is sufficient enough to break me even going forward with an estimated risk of 3-4k/year in loss/repairs/vacancy/agent fee etc. or whatever if it...

Pardon my lack of US real estate investment experience, what according to you is the right time to invest in Irvine? 2018, 2020, 2022? We have all heard the infamous phrase "Housing to tank hard soon or next year blah blah" and i have done my extensive research on the 7 year high-low cycle, but...

:-X :-\ :'( yes sir i did

Thanks for the encouraging insights, i actually lost $10k on the property as it took time to find right tenants & they ditched at last moment and then had to do it via agent (paid 5%), and on an yearly basis now going forward, considering it stays rented all the time, l am looking at loosing...

Oh wow :( :( i wish i was in the US Real Estate Market at that time, i was in my early 20s and never gave a damn about buying a house :( A 3/3 with Standard Garage for low 400s, lets say even 430k with closing costs included = WIN ! So in a matter of 5 years, it changed from 430 to 550k = 120k...

So technically i lost more than half of my down payment in just the inflation then :( :( :(

Ok, updated it

Just thick blinds i guess 7-8 windows and 1 sliding door blind or whatever its called.

Hi Guys, pretty much everyone here must be aware of the big drop we experienced in 2011 in CA. I bought a 1600 sq ft condo 2bed/2.5 bath Tri-Level - Tandem Garage this year for 550k in Portola Springs. My question is that since the community in which i bought it started the 1st phase...

Toll Roads lol

Sorry Dear Chinese Folks, but on two occasions within a span of 1 month, i encountered rude, careless Chinese young male drivers in parking lots in Irvine who rolled down their windows: yelled and abused and then ran off as i opened my door just because they failed to yield and also understand...

Interesting point, please educate me a little about this rule of living in house for 2 years out of last 5 = no taxes on selling it?

I think you did a good move by not doing the Tri-level (unless you are a serious fitness junkie and walking up & down those stairs is a breeze) , its more like a starter home for me, definitely not something in which i can expand my family or call it a permanent home for more than 3 years, so i...

Oh ok, well i was a 1st time buyer and did not know much about what can be done by a 3rd party as the sales lady simply said, you only get to do the flooring upgrades through us and i didn't cross question her as i was under a time crunch to get the escrow closing and other ongoing things etc...

Haha well i rented it out but bad memories stick with me ....!

Wish i would have realized that earlier but then $2500 is practically nothing when it comes to property taxes when we are talking loan worth 430k and above. However the builder's catch is: you can only get FLOOR upgrades through them or the HOA will create a big deal about it if you want to do...

Ahh man, don't get me started on these sales ladies and how they appear to have an automatic NOD and fake positive responses to anything you say. I am still upset at mine who not only refused to give me $2500 off that she initially promised but also LIED about how THIN the space is b/w the...

I am in my 1st year with KB folks and so far their service has been good. Although if you love music, please stay away from buying condo's, their walls are horribly thin and its a nasty feeling when a neighbor two doors down the road rings your bell at 5PM on a friday evening asking you to lower...

Hey Guys, my builder charged me $2500 for installing window treatments in my newly built condo in Portola Springs (one of those infamous tri-level tandom garage ones) 1600 square feet. I was told and also thought earlier that getting it done independently might be cheaper. However, i was...

I guess we have had plenty of new developments already and need no more. The chinese buyers have scooped up a sizable chunk of 2014-2016 Portola Spring by paying cash. Your final bets can be on Beacon Park or some other heavy new constructions going around Portola School, with #BREXIT, and...