Original IHB

How many original IHB members are still active on the TI boards?

  • Dedicated - Been here since the beginning of IHB

    Votes: 8 36.4%
  • Part time - Been involved on both sites, just check in every now and then

    Votes: 6 27.3%
  • TI only - Was never active on IHB

    Votes: 8 36.4%
  • Newbie - It's my first week here

    Votes: 0 0.0%

  • Total voters
    22
NEW -> Contingent Buyer Assistance Program
I've been lurking IHB since 2007 but never post any comments.

Registered on the TI from the beginning when IHB was closing down.
 
Heh, SoCal just reminded me that there was another IHO that signed up on the IHB the same year I did.

He was a bit more snarky... which explains why I got jumped on my first few weeks... I was wondering why even the admins were being so hostile towards me.
 
Welcome back, GITOC.

I recall joining after getting called out on one of Larry's posts covering one of my listings.

I found out that there was a "northirvinerealtor" (or maybe "nirvinerealtor"?) before me, so the greeting was none-to-warm. Fortunately, the tide turned after getting a daily beating for a while.
What has been my biggest surprise is how many of the former critics have been assimilated and are selling homes, as well. Resistance is futile... 

-IR2
 
I'm happy that Larry became a Las Vegas land baron overlord, and I did consider buying into his scheme at the time.  But I was still too bearish in 2011.  You could have bought any property in S.Cal or LV and made money in 2011.

The year you buy is so important it makes location 2ndary.
 
zubs said:
I'm happy that Larry became a Las Vegas land baron overlord, and I did consider buying into his scheme at the time.  But I was still too bearish in 2011.  You could have bought any property in S.Cal or LV and made money in 2011.

The year you buy is so important it makes location 2ndary.

I ended up buying my dad a home to live in Vegas because it was cheaper than his rent for the same house.  Bought it for $218k and sold it for $295k last year. 
 
girlintheoc said:
Why the sale USC?  I recall you were looking to purchase a few rental properties in Vegas back in the day.

Bought my dad a larger home with a big lot (1/4 acre) that he can retire in after I sold the smaller one in 2014.
 
Liar Loan said:
Wutz up party people?  Long time no see.

I just wanted to point out that Larry called out IHO along with some other others in today's blog post:
http://ochousingnews.com/blog/contrarian-investing-in-cashflow-real-estate-a-strategy-for-success/
5 years is all it took for Larry to pull the "I told you so".

Hilarious.

I think if he used his SuperFund to buy up Irvine homes in 2010 (esp Coronado) he would have realized much more "inheritance" without the headache of having to manage property (and transients) 4 hours away. One could argue he would probably see the same cash flow with Riverside rentals.
 
I find it still sad that even a braggart post about getting timing right still sounds so shillish.

That said as others pointed out, buying many places in 2010 resulted in windfalls.
 
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