Home  |  Forums  |  914 Info  |  Blogs
 
914World.com - The fastest growing online 914 community!
 
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG. This site is not affiliated with Porsche in any way.
Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners.
 

Welcome Guest ( Log In | Register )

> buying a house!!, escrow opened on monday, 29 days to go
opera guy
post Mar 24 2005, 05:57 PM
Post #1


Member
**

Group: Members
Posts: 337
Joined: 28-June 04
From: upland, ca
Member No.: 2,268
got hitched and now we're buying a house. been shopping for 5 months, finaly found one i like (house, that is) made offer, and they accepted.

im happy (IMG:http://www.914world.com/bbs2/html/emoticons/wub.gif)
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
2 Pages V < 1 2  
 Reply to this topicStart new topic
Replies(20 - 35)
redshift
post Mar 24 2005, 09:37 PM
Post #21


Bless the Hell out of you!
**********

Group: Members
Posts: 10,926
Joined: 29-June 03
Member No.: 869
QUOTE (Mueller @ Mar 24 2005, 11:26 PM)
people just don't want to buy down there and would rather rent...it's insane (IMG:http://www.914world.com/bbs2/html/emoticons/wacko.gif)

There is nothing wrong with CHOOSING to rent, it's a lifestyle decision.

I get alot out of not owning, where I live. The rents have not followed the property values/prices here, so I pay less than 1%, way less.

(IMG:http://www.914world.com/bbs2/html/emoticons/smile.gif)

It's not so bad..


M
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Qarl
post Mar 24 2005, 09:38 PM
Post #22


Shriveled member
*****

Group: Benefactors
Posts: 5,233
Joined: 8-February 03
From: Florida
Member No.: 271
Region Association: None
If only you could LIVE in a mandolin!
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Lou W
post Mar 24 2005, 09:39 PM
Post #23


"Here Kitty Kitty" my ass......
****

Group: Members
Posts: 4,109
Joined: 9-May 04
From: Roseburg, OR.
Member No.: 2,039
Region Association: Spain
Miles, What area of the country do you live?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Mueller
post Mar 24 2005, 09:41 PM
Post #24


914 Freak!
***************

Group: Members
Posts: 17,146
Joined: 4-January 03
From: Antioch, CA
Member No.: 87
Region Association: None
QUOTE (Lou W @ Mar 24 2005, 08:32 PM)
QUOTE
Mueller   Posted on Mar 24 2005, 07:26 PM
QUOTE (Lou W @ Mar 24 2005, 08:21 PM)
I handled a refi on a house in San Diego 3 months ago, 780 square feet, 3 bedrooms, 1 bath (originally had an out house) built in 1898, no garage, small lot next to the freeway. $480,000.00. Its amazing. huh.gif

we bought 2 1100 sq ft homes in Louisiana a few years ago....$28K for both...mortgage is $250 a month......people just don't want to buy down there and would rather rent...it's insane wacko.gif


What kind of rent can you get there?

600+ a month (each)....we've put a lot of money into the homes, they are damn near nicer than the brand new Habitat homes...our tenants totally dig us and and we show our appreciation by making sure they have a nice place to live....other landlords is same area talk cr@p about us since we actually care about our people...
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Lou W
post Mar 24 2005, 09:43 PM
Post #25


"Here Kitty Kitty" my ass......
****

Group: Members
Posts: 4,109
Joined: 9-May 04
From: Roseburg, OR.
Member No.: 2,039
Region Association: Spain
QUOTE
Mueller   Posted on Mar 24 2005, 07:41 PM
QUOTE (Lou W @ Mar 24 2005, 08:32 PM)
QUOTE
Mueller   Posted on Mar 24 2005, 07:26 PM
QUOTE (Lou W @ Mar 24 2005, 08:21 PM)
I handled a refi on a house in San Diego 3 months ago, 780 square feet, 3 bedrooms, 1 bath (originally had an out house) built in 1898, no garage, small lot next to the freeway. $480,000.00. Its amazing. huh.gif

we bought 2 1100 sq ft homes in Louisiana a few years ago....$28K for both...mortgage is $250 a month......people just don't want to buy down there and would rather rent...it's insane wacko.gif


What kind of rent can you get there?

600+ a month (each)....we've put a lot of money into the homes, they are damn near nicer than the brand new Habitat homes...our tenants totally dig us and and we show our appreciation by making sure they have a nice place to live....other landlords is same area talk cr@p about us since we actually care about our people...


Thats great, good retirement income, do you use a local property manager?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Mueller
post Mar 24 2005, 09:44 PM
Post #26


914 Freak!
***************

Group: Members
Posts: 17,146
Joined: 4-January 03
From: Antioch, CA
Member No.: 87
Region Association: None
QUOTE (redshift @ Mar 24 2005, 08:37 PM)
QUOTE (Mueller @ Mar 24 2005, 11:26 PM)
people just don't want to buy down there and would rather rent...it's insane  :wacko:

There is nothing wrong with CHOOSING to rent, it's a lifestyle decision.

I get alot out of not owning, where I live. The rents have not followed the property values/prices here, so I pay less than 1%, way less.

(IMG:http://www.914world.com/bbs2/html/emoticons/smile.gif)

It's not so bad..


M

I'm sorry, I didn't mean that to be negative at all, I know some people choose to rent or have to, I don't judge other peoples decisions or choices.....

down there, some of the people on gov. assisted housing have the chance to buy a house dirt, dirt cheap...some do, some don't...some that do end up loosing the house 'cause they don't take ownership seriously....
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Mueller
post Mar 24 2005, 09:49 PM
Post #27


914 Freak!
***************

Group: Members
Posts: 17,146
Joined: 4-January 03
From: Antioch, CA
Member No.: 87
Region Association: None
QUOTE
Thats great, good retirement income, do you use a local property manager?


it comes in handy right now, my wife works part time (IMG:http://www.914world.com/bbs2/html/emoticons/smile.gif)

we have a few people we can call depending on the job...we normally take time off from work, drive 2200 miles (one way, take 2.5 days) and stay down there for a week to 2 weeks to do repairs/improvements.....we put 20K and 3 weeks of labor into one home when we first bought them.....tons of unemployment down there, we paid a few locals up to $10 an hour cash and half of them only wanted to work a few hours or days...this money comes out of my pocket (IMG:http://www.914world.com/bbs2/html/emoticons/headbang.gif)

User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Lou W
post Mar 24 2005, 09:56 PM
Post #28


"Here Kitty Kitty" my ass......
****

Group: Members
Posts: 4,109
Joined: 9-May 04
From: Roseburg, OR.
Member No.: 2,039
Region Association: Spain
QUOTE
Mueller   Posted on Mar 24 2005, 07:49 PM
QUOTE
Thats great, good retirement income, do you use a local property manager?


it comes in handy right now, my wife works part time smile.gif

we have a few people we can call depending on the job...we normally take time off from work, drive 2200 miles (one way, take 2.5 days) and stay down there for a week to 2 weeks to do repairs/improvements.....we put 20K and 3 weeks of labor into one home when we first bought them.....tons of unemployment down there, we paid a few locals up to $10 an hour cash and half of them only wanted to work a few hours or days...this money comes out of my pocket headbang.gif


That sounds like a good idea, houses in California have gotten so expense that you have to put alot of money down on them in order to break even on rent. Sometimes I think that if we could hang tight for a few more years, cashout and move elsewhere, buy a number of rentals, you could use that as additional income.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Mueller
post Mar 24 2005, 10:02 PM
Post #29


914 Freak!
***************

Group: Members
Posts: 17,146
Joined: 4-January 03
From: Antioch, CA
Member No.: 87
Region Association: None
QUOTE (Lou W @ Mar 24 2005, 08:56 PM)
QUOTE
Mueller   Posted on Mar 24 2005, 07:49 PM
QUOTE
Thats great, good retirement income, do you use a local property manager?


it comes in handy right now, my wife works part time smile.gif

we have a few people we can call depending on the job...we normally take time off from work, drive 2200 miles (one way, take 2.5 days) and stay down there for a week to 2 weeks to do repairs/improvements.....we put 20K and 3 weeks of labor into one home when we first bought them.....tons of unemployment down there, we paid a few locals up to $10 an hour cash and half of them only wanted to work a few hours or days...this money comes out of my pocket headbang.gif


That sounds like a good idea, houses in California have gotten so expense that you have to put alot of money down on them in order to break even on rent. Sometimes I think that if we could hang tight for a few more years, cashout and move elsewhere, buy a number of rentals, you could use that as additional income.

we sold our local rental house last year...nice 2400 sq ft Victorian style home.....had a hard time finding tenants since people are buying brand new homes in our area and renting them out...it's insane, $500K home and they rent it out...they "have" to be taking a loss or put down a huge amount of down payment....it's kinda sad if you think about how much our current house is worth, the increased value does me no good until I decide to sell and then I couldn't afford a bigger house (nor do I need one) unless we moved out of state.....
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
opera guy
post Mar 25 2005, 12:20 AM
Post #30


Member
**

Group: Members
Posts: 337
Joined: 28-June 04
From: upland, ca
Member No.: 2,268
QUOTE (Lou W @ Mar 24 2005, 07:21 PM)
I handled a refi on a house in San Diego 3 months ago, 780 square feet, 3 bedrooms, 1 bath (originally had an out house) built in 1898, no garage, small lot next to the freeway. $480,000.00. Its amazing. (IMG:http://www.914world.com/bbs2/html/emoticons/huh.gif)

value is in the land?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
machina
post Mar 25 2005, 06:37 AM
Post #31


Advanced Member
****

Group: Benefactors
Posts: 2,030
Joined: 21-June 03
From: Miami Beach, FL
Member No.: 848
its got a garage, right? (IMG:http://www.914world.com/bbs2/html/emoticons/smash.gif)

guys like us don't look for a house with a garage attached, we look for a garage with a house attached. (IMG:http://www.914world.com/bbs2/html/emoticons/biggrin.gif)
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
opera guy
post Mar 26 2005, 12:56 PM
Post #32


Member
**

Group: Members
Posts: 337
Joined: 28-June 04
From: upland, ca
Member No.: 2,268
yeah dude, garage comes with detatched house. see pic


Attached image(s)
Attached Image
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
rhodyguy
post Mar 26 2005, 12:59 PM
Post #33


Chimp Sanctuary NW. Check it out.
***************

Group: Members
Posts: 22,082
Joined: 2-March 03
From: Orion's Bell. The BELL!
Member No.: 378
Region Association: Galt's Gulch
a 30 day closing is a great thing. it was a condition when we bought our house. what's a house like that go for in upland?

k
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Rhodes71/914
post Mar 26 2005, 03:27 PM
Post #34


Glacier
***

Group: Members
Posts: 1,374
Joined: 8-August 04
From: End of the Road, Alaska
Member No.: 2,482
QUOTE (Lou W @ Mar 24 2005, 07:56 PM)


That sounds like a good idea, houses in California have gotten so expense that you have to put alot of money down on them in order to break even on rent. Sometimes I think that if we could hang tight for a few more years, cashout and move elsewhere, buy a number of rentals, you could use that as additional income.

The area that I live in is one of the areas that Californians are moving when they do what you described.

I work for a builder that is building affordable homes. Californians are selling their houses in Cali and moving here buying a nice home for themselves and a couple of rental properties for what they sold one houlse for in Cali.

Real estate values are going up an average of 20% a year that last 5 years or so.

I can't take it. Moved here to be closer to family but with the increase in population and all the Meth problems this state has I'm heading back to the last frontier and I can't wait.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Rhodes71/914
post Mar 26 2005, 10:10 PM
Post #35


Glacier
***

Group: Members
Posts: 1,374
Joined: 8-August 04
From: End of the Road, Alaska
Member No.: 2,482
How fitting that I would make that earlier post and somebody makes an acceptable offer on my house. And their moving up from California (IMG:http://www.914world.com/bbs2/html/emoticons/laugh.gif)

To say the least I am excited (IMG:http://www.914world.com/bbs2/html/emoticons/mueba.gif)
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Mueller
post Mar 26 2005, 10:17 PM
Post #36


914 Freak!
***************

Group: Members
Posts: 17,146
Joined: 4-January 03
From: Antioch, CA
Member No.: 87
Region Association: None
QUOTE (opera guy @ Mar 26 2005, 11:56 AM)
yeah dude, garage comes with detatched house. see pic

nice looking house !!!!

is the curb painted red in front of the house??? that has got to suck.....do you know way or did the current owners do it to discourage parking by the neighbors (I've known people to do that, illegal, at least once you get caught it is (IMG:http://www.914world.com/bbs2/html/emoticons/smile.gif) )
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
« Next Oldest · 914World Garage · Next Newest »
 

2 Pages V < 1 2
Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 

Display Mode: Switch to: Standard · Linear+ · Switch to: Outline

Track this topic · Email this topic · Print this topic · Subscribe to this forum

- Lo-Fi Version Time is now: 24th May 2024 - 12:55 PM
Invision Power Board v9.1.4 © 2024  IPS, Inc.
All rights reserved 914World.com © since 2002
914World.com is the fastest growing online 914 community!
We have it all, classifieds, events, forums, vendors, parts, autocross, racing, technical articles, events calendar, newsletter, restoration, gallery, archives, history and more for your Porsche 914 ...