i blame cheap easy money & low interest rates. the fed made both available to counter deflation. unfortunately the side-effect is housing prices...
probably true. with the US government upto its eyeballs in debt, the Federal reserve is printing money around the clock. whenever you print...
great site!!! i started drooling as soon as it came up!
isn't the job market taking a beating there? also whats the vacancy rate like? i know quite a few californian investors there already.
yes i was there last summer. I'm doing several pre-construction deals in boise. returns are not bad, but then i'm still not very impressed with...
haha. thats what a lot people who need to start a family will do. MOOOOVE.
http://www.benengebreth.org/housingtracker/location/Florida/Orlando/ looks like its on a downward trend. inventory is increasing while prices...
you're preaching to the choir. http://moneyshaker.blogspot.com/2005/10/real-estate-forecast-in-california.html...
you're right people are fleeing CA. http://moneyshaker.blogspot.com/2005/11/high-home-prices-causing-californians.html
he's not making enough money to even pay for the mortgage. his take home pay is 3.5k. assuming he doesn't pay taxes, after a 2.4k mortgage payment...
you need to tell us where your house is. RE markets are local not national.
i live in Socal. its far cheaper to rent than own by 45%. Since the highest tax bracket is 35% it makes more sense to rent. I sold my condo,...
This people aren't growth investors. they're speculators. I'm guilty of this myself. but i have a small section of my "portfolio" dedicated to...
yeah thats not a real good example. i just closed on 2 homes in indiana. built in 1998, 4/2/2 approx 1600 sq ft at 100k each. rent out for 1050....
Real Estate is not a national market. its a local one. however markets that are close by have some effect on each other. historically whenever...
ok. so what else you got?
gotta thank kiyosaki for getting me started in options and real estate. he more of a motivational speaker though. and john t reed is just bitter...
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