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  1. M

    Myth regarding high density is affordability.

    <p>"Would it surprise any of you to learn there are services which notify attorneys which communities are nearly 10 years old so they can approach the HOA about suing the original builder?"</p> <p>No it would not.</p> <p>Old Bill was right, "Let's kill all the lawyers!"</p>
  2. M

    A 26-Year Old's Perspective

    <p>"How I [bought my first condo]? Quit 401-K contribution, took in 1 roomate, and learned how to cook, ..."</p> <p>You forgot to mention that you (probably) used a traditional 30-year fixed rate mortgage to buy that condo: a mortgage product of little use to the first time buyer in the last...
  3. M

    Long time bear ready to "flip"

    <p>"I'm tired of hearing my neighbors walking above me"</p> <p>I hear that! Every time I deal with the inconveniences of apartment living, it just steels my resolve to low ball my offers in the next few years when no one else will be buying and everyone will be numb to the latest bad news...
  4. M

    Prenuptial - good or bad?

    <p>Marriage is like the note in the lead coffin of the <u>Merchant of Venice:</u> "Who chooseth me must give and hazard all he hath."</p> <p>If you can't trust or have doubts about the success of the union, don't do it.</p>
  5. M

    A 26-Year Old's Perspective

    <p>"...next time that you see your friends make a "I told you so" face and point them to the IHB"</p> <p>Better yet, when you are out with your friends, wear your IHB T-shirt (available soon, perhaps). They'll ask what it means and you'll just need to tell them once.</p> <p>Man, do I look...
  6. M

    Why should one buys a Live/work loft?

    <p>"Most decaying cities promote live/work lofts to drive out the hood rats socially and economically."</p> <p>In the old days, I believe the mafia used to serve this function. They would buy up the depressed/decayed areas for real cheap, chase out the hoodlums (or make them "disappear") and...
  7. M

    Irvine is not rich

    <p>"King Cyrus the Great, author of the earliest known declaration of human rights (see illustration below). "</p> <p>Yo Cyrus! Try writing on paper next time instead of a corn cob!</p> <p>(Just kidding).</p>
  8. M

    Option ARMS: How they work and just how ugly they can get.

    <p>Well, then I'll just tape it to the bottom of the trustee sale.</p> <p>I wouldn't want to put more staple holes in the front door of a house I'll be buying later for 1/2 price! </p>
  9. M

    Headlines...

    Bernake needs to raise rates and then quickly move to Omaha, next door to Buffett.
  10. M

    Option ARMS: How they work and just how ugly they can get.

    <p>This is great! I am going to read it again when I have a clearer mind, but right off the bat I finally have learned what LTV means. Thanks!</p> <p>I am tempted to print this out and tape it to every front door in Ladera Ranch.</p>
  11. M

    Why should one buys a Live/work loft?

    <p>Re: South Brea Lofts</p> <p>I am interested to see how this does. I would love to know what kind of small botique-type business is going to be able to support the prices required for this place. Can a coffee joint make it? I think there are TWO coffee joints located across the street on...
  12. M

    Why should one buys a Live/work loft?

    <p>Re: SoCo Walk</p> <p>"SoCo" means "south of Commonwealth". It used to be a run down area, but they are/were trying to change that. For example, the very popular Hero's bar used to be located in downtown Fullerton on Wilshire (I believe). He bought a lot of customers to that area back in...
  13. M

    Costa Mesa Flip That House

    <p>I just drove by the home. It looks nice and all, couldn't see the "ocean view", perhaps from the roof?</p> <p>It is a nice neighborhood where the house is, but just an overall weird area. It is surrounded by ligh industrial (and townhomes). That part of Newport/Costa Mesa could have been...
  14. M

    Costa Mesa Flip That House

    <p>That is kind of a weird area. Some really nice neighborhoods "nestled" in a lot of high density housing products.</p> <p>Don't know what the local schools are like, but wouldn't want my kids (if I had some) to be getting their butts kicked daily for being the "rich" white minorities. One...
  15. M

    Guilty of shameless self promotion but I had to do it.

    <p>I guess I don't understand why I wasn't invited to participate in the interview? (Just kidding.)</p> <p>Nice interview guys!</p> <p>I believe it was the April 2002 issue of the <em>Economist</em> that featured the housing bubble on its front cover. Its been a long, drawn-out bubble...
  16. M

    need advice for buyer's agent exclusive contract

    <p>First: Why would you sign an exclusivity contract with an agent? These people are dying for work, so when you get offered/pressured to sign a contract, you say "no thanks." It ain't like he's got something else to do right now!</p> <p>Second: Deadline to sign up to buy a house from the...
  17. M

    Flashback to 1997 Real Estate

    <p>I would have gladly bought back then, but I didn't have any effenmoney.</p> <p>When I finally had some, home prices had ballooned like a Nebraskan waistline. It's like houses and myself are opposite poles of a magnet. I get a little close and it moves further out of reach. </p> <p>But...
  18. M

    Costa Mesa Flip That House

    <p>Off Ttopic: INSR, is Cappy's any good? What do you like there?</p> <p>On Topic: I would be interested to know the address of the flipped house. I live near Costa Mesa.</p> <p>Thanks!</p>
  19. M

    Calling IHB artists to design an IHB T-shirt

    I always thought that was a mouse perusing the news at breakfast!
  20. M

    Bren's Vision

    Sure! Sign me up!
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