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    The best MLS description *EVAR*!

    http://www.redfin.com/CA/Irvine/9-Hibiscus-92620/home/5769773 In case it gets edited or the link is broken, I've copied and pasted the best part of it here. Actually, that's most of the description anyway. "More upgraded than the Taj Mahal and the Cistine Chapel combined. Slate and...
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    Where does this 160 multiplier come from?

    I know IR has cited 160x rent as a "reasonable" multiplier to figure out the value of a property but am unclear on how he got to that number. I was curious as to what I would find reasonable so I'm going to go over a hypothetical scenario. What is the "breakeven" point between renting and...
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