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LEGO OF MY EGGO

Thank you for your reply. I am currently in the process of evaluating the rental comps and sold home prices in the UCR area.

I have some money saved up and wanted opinions of fellow members here of the idea of buying a house in Riverside (this would be my first house) and renting the rooms out to UCR students. Assuming the UCR students are well behaved and clean (best case scenario), will I receive any tax breaks...

I have not seen that show, but I have seen something similar on "My property is worth what?" on HGTV. Basically, the story goes, a person buys a house in 1996 for 100k and wants to sell it in 2008 and wants to get it appraised. The appraiser runs the numbers and determines the house to be...

First time buyer here. I plan on buying a modest house outside of Irvine (maybe Tustin or Brea area). Downpayment of around 80k.

I also like FXI although I am still waiting to purchase some. I never thought of EWC before, but I will definitely consider adding it to my portfolio. I just picked up some FCTFX which are CA municipal bonds as part of my bond portfolio. Federal and CA tax free! Other funds that I am...

The explain why do you want to buy a house in the SD area when the time is right.

Yeah, only one serious reply. Thanks! Come on people. You can just generalize yourself. Just curious.

The <a href="http://www.irvinehousingblog.com/forums/viewthread/2530/">thread</a> got be thinking about the members of the forum here and their wealth and their job and where in OC or out of OC where do they currently live. So please introduce yourself, your approximate income, and your...

So I am in the market for buying a SFR, but I am OK waiting for the market to decline. However, I am seeing on redfin that some good deals are to be had in Irvine and Yorba Linda where the price per square foot is about $250 for a newish house. That to me, is the golden number, but of course...

I think it was Feb 2004 when housing prices in OC first exceeded 500k. I remember getting the newspaper with that plastered on the front.

What happened to this housing development? http://www.ocregister.com/ocregister/news/local/article_1544386.php Around 800 homes should be for sale right around now. I drove a little by the way this morning, but saw nothing but hills covered in shrubs with no housing whatsoever. Am I...

Yeah, I heard BoA is the way to go these days for a home loan.

I mean I know that there are several options here including a FHA loan and a 2nd mortgage. But I do not know if there are any other options and which is the best option generally. I know that the choices depend on various conditions, but if all things hold equal for a moderate income person...

I am not planning to buy a house at this moment, but lets say that theoretically, I found a great house for a great price, but I lack the 20% downpayment. What is my best option generally to avoid PMI?

Thanks for the reply. Apparently, a lot of money can be made, but condo HOA fees are the killer making profits (if any) far less than would be without HOA fees.

I recently found this forum and saw one person here who had purchased a condo near SC Plaza for investment purposes (buy and then rent out). I am interested in doing something similar but with a friend of mine in the future when home prices decline. Now, assume that both of our names are...