Search results

Martin, I actually think this would qualify as a view lot.  It's perched on a hill, no houses directly behind it.  Should look west/northwest straight out to Irvine and then the coast. Not saying I think it's worth their asking, but I'd think the view is solid, especially from the upstairs patio.

@Irvinehomeowner, in the home shouldn't be an issue though my experience with wifi calling has never been perfect. But we'll be out and about in the neighborhood, at parks, pools, walks, etc. Cell reception still very important.

Hello future neighbors. We are moving down to Baker Ranch and wanted to see if anyone living there had cell phone recommendations. We currently have Verizon but I noticed my reception wasnt great when we were driving around looking at properties. Does AT&T have better reception in Baker Ranch...

We actually bought a resale in Ridgewood. We looked at a few places in irvine,  but ultimately got hung up on waiting money on mello roos. The community also feels a bit younger and more active. Are the monthly events well attended? I think it's concert in the park this month.

Any BR people checking this thread? We're in escrow and excited to move in this fall.  Would love to get any thoughts, impressions of the area. Coming to OC from LA. Thanks in advance!

I think you get what you pay for.  I always thought the job of a listing agent was simple, and paying them 2.5-3% seemed like a ridiculous windfall.  I'm getting ready to list my current place and interviewed a few agents and checked references.  Ended up going with the guy that helped me buy...

Congrats! My recommendation....Let a mortgage broker do the shopping for you. They have experience in the market and know who's offering the best rates for different houses at different times. I have a guy I trust. My own brother does mortgages and my broker beats him every time. His name is Dan...

If you think inflation is going up, then interest rates will go up so savings accounts rates will trickle up too.  If you're in a CD you're rate is fixed for the duration of the CD. But that's a short term investment so you can take the money out and find a higher CD at maturity if that is the case.

Yup. There are even some savings accounts paying close to 2% that offer near-immediate liquidity.  Would be a better return and provide the ability to access the funds opportunistically or if needed in a pinch.

First, congrats on the new home.  Nothing wrong with not buying the dream home.  My wife and I recently decided to buy a "transition" home rather than our "forever" home.  If you think you'll be happy there for 8-10 years that sounds good to me. That said, I'm still in the "sell" camp for you...

I'd say sell.  I'm not sure how you are calculating cash flow, but if you are just looking at your mortgage and you are negative $250-$350 that's trouble.  Even if you are including HOA, property tax and insurance, there are other costs to consider that negatively impact cash flow.  Some...

Yes, my mortgage is under the cap so interest is fully deductible, plus $10k for SALT.

The $54k deduction loss may have been me. Between state income tax for me and my wife plus our property taxes. That said, the little calculator that someone posted showed me saving money on my taxes under the new tax code, likely due to the changing in marginal rates on the tax brackets. So it's...

I'm not sure how accurate this calculator is.  I don't think it accounts for any AMT for those that are subject to it. I lose about $45k in SALT deductions due to the $10k cap, but somehow this shows my taxes as 10% lower if I compare it to line 63 on my prior year 1040 (which includes AMT...

I don't think the depreciation deduction works that way. It can be an offset to the rental income if the property were cash flow positive, but you can't take it to offset your non-rental / ordinary income and get a tax benefit. Said differently, its capped each year as an offset to rental...

USCTrojan is spot on that you can rent it up till three years after you moved out to avoid the cap gain tax. However, looking at the numbers and doing a straight ROE analysis, I'd say it's time to sell. First, we calculate the return. You say the unit nets you $150-$170 a month. You excluded...

To me this is nothing more than an Return on Equity (ROE) analysis.  The OP didn't give a ton of details on the equity he has in the property so it's hard to determine.  Only info we really have is that the rent wouldn't cover the mortgage, which means he's CF negative even before taking into...

Are these view lots? Two of the three look like they could be view lots. The third is an internal lot.

Phase 5 pricing is now out.  Seems like these guys are way above market / comps for new construction in the area.  Plan 1 and 2 base prices are running over $630/sq ft before upgrades. Don't really see anything else over $500/sq ft.  Are these that special?

Looking for more space.  Currently own a 3BR vertical townhome <2000 sq ft, which has worked fine so far. but will be a challenge as the family grows.  We have a toddler and hope to have another in the next 1-2 years.  Would like 4+ BR and 3,000+ sq ft to accommodate us and an occasional visit...