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- Jun 6, 2013
Location, location, locationThe problem is moving down south is that no one wants to live down there.
The cheap houses are cheap for a reason.
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Location, location, locationThe problem is moving down south is that no one wants to live down there.
The cheap houses are cheap for a reason.
The problem is moving down south is that no one wants to live down there.
The cheap houses are cheap for a reason.
The problem is moving down south is that no one wants to live down there.
The cheap houses are cheap for a reason.
Hopefully she will be using me to buy. LOL
Age 29
Own 3 homes. (2 rentals, one primary)
2 in Hampton, VA and the Primary is in VA Beach.
I cannot speak for others but home ownership was the best decision I have ever made. I am also a RE Agent so by nature I am pro-own but I can understand why some rent. Do a little research and you guys can see it is more beneficial for you to own. Especially cities and countys giving grants to those that qualify. Just sold a home to a couple and USDA gave them 5000 for thier down payment and closing costs. They moved into their new(bulit in jan.) home yesterday. Also for some that think its not an investment I have a young lady whom i convinced to buy a chinese drywall build back and she got it for 200K (140k for loan 60k for build back) her home is worth 325k right now. She has over 100k in equity. It can be done guys. If youre in the DMV I can help if you need it.
31
currently renting
should be owning in 60 days
Queens to Queens (NYC)
Not to get too far off topic....
Real spit, from 09-10 my family (me, wife, daughter) lived in my mother in laws basement to save money. Wife was studying for the bar, I was making 35k @ my job, daughter was in daycare ($900 a month). We were broke, to say the least. I'm lucky and fortunate her mother allowed us to stay with her. Gave us a chance to get things together without the burden of paying for **** we couldn't afford.
Once my wife got her job, we moved to a townhouse that was significantly below what we could afford. Gave us a chance to save money for a down payment.
Now, we're living in a pretty decent townhouse in a pretty good neighborhood (whatever that means) in a pretty good school district.
I say that to say, don't worry about the other people are doing. Don't feel pressured into buy a place because it makes sense on paper.
SAN FRANCISCO — San Francisco Association of Realtors President Betty Taisch has two words of advice for those who want to live here and think $1 million will buy them their dream house: Think again.
In the souped-up world of San Francisco real estate, where the median selling price for houses and condominiums last month hit seven figures for the first time, the cool million that would fetch a mansion on a few acres elsewhere will now barely cover the cost of an 800-square foot starter home that needs work and may or may not include private parking.
Speaking of San Francisco...read this earlier today:
Link
Cliffs:
1 mil in SF will get you a 800 square foot fixer-upper.
I feel like we should have all put down our occupations as well. I sort of want to know what jobs people are doing to buy houses.
Its crazy in SF. With the little tech bubble we have, there are so many young kids buying super expensive condos out here. My friend lives in a new complex and a year and a half ago, he bought a 1 bedroom for a little under 700K. I think as of late, it's close to 800k now. What is more odd is everyone in the building is super young. No one is relativity older than 35 years old. I even heard when my friend owned that you need a huge down. Crazy enough, he had half down cause of a life insurance policy but even with his high paying job, he would have never gotten that place if he didn't have the down. So I am just wondering how others bought places in there knowing it should be the same situation. I bet some of those kids are from Facebook and straight paid it off. Lucky bums.
48
Rent
Downtown San Francisco apartment. $4,100 a month.
That probably aint a bad idea.