My wife and I love taking risks but we feel this was a bigger bite than what we could chew. Our offer got accepted for a $3M house. We did not think as the house checked almost all our checklist items and was SO SO Lovely (10k sq ft, all custom, 1 acre, good town, 4 floors completed, well water irri...Read more
The higher prices go, the more desperate people will become, thus bidding higher and higher. It’s a self-sustaining cycle, this is why things are going up so fast. It’s truly the last chance for regular people to buy a house 🏡
Looking to buy my first home and trying to figure out how much my partner and I can afford. I see some guidelines online that say your mortgage should be 1/3 of your monthly income, wondering if this is a generally followed rule or not? How much % of your monthly income is going to your mortgage? S...Read more
Hello Everyone, I need your suggestion / help as my one of my tenant owe us $10500 for not paying 3 months of rent and finally we were able to file an eviction and get them out of the house. As she still owe us $10500 we need to file a claim and complaint in small court and need her new home addres...Read more
Anyone who recently bought a house in San Diego? How much was the rate of interest for you? Any recommended lender? I am just casually browsing. Trying to figure out the current interest rate. I have excellent credit score and no debt. TC : ~380K #mortgage #housing #sandiego
Worth buying in Concord? Only affordable area left! Respond if you are living in Concord/Martinez/Pleasant Hill Do we have any Indians in Concord? Some homes are massive but did not see a single Indian at open houses. Comparing with Milpitas/Dublin/Pleasanton, atleast 15 Indians for open houses! #...Read more
People living in cupertino/sunnyvale multi-million dollar houses- do you pay your property taxes for shitty roads? Inner roads in these cities are so pathetic. Exmaple- wolfe road from apple park campus till el camino is always under construction but still shitty Tc :270k
Anyone who stayed in mResidences Silicon Valley apartments in Sunnyvale? Care to share how your experience was with the new management team. Any apartment complexes you suggest for a 1 bhk who does not take all my money as rent.. #housing #sunnyvale #mountainview #rent
How to get this started with permit? Can someone share their experience? Garage size 20x20 feet Looking for someone not expensive to draw permit, how much would it cost and how much to rent it for? #housing
First time buying a home(in Bay Area) and shopping for home insurance. Any recommendations and do/don’ts selecting the insurance? Have auto insurance with Geico. TIA TC: $220k #housing #bayarea
For those who house hack, what kind of insurance do you have? Regular homeowners with increased liability? Require tenants to have rental insurance? Maybe get landlord insurance instead? Do you also tell your mortgage loan company that part of your house is a rental? TIA!
Is there a reason why there's no website or app where we can review our HOA management? It would have been incredibly helpful to understand the management practices of my HOA before purchasing my home. Currently, I'm facing constant, seemingly trivial demands from the HOA, such as removing dead gra...Read more
Can anyone plz tell me how is the construction quality for Jones Homes ?? #mortgage #housing
Say you have $5m net worth and $1m TC. I’m curious what is a reasonable value of home to live in and how much should be financed. The formula I’ve seen is 3x TC with 20% down, but this doesn’t factor in NW. Or should you still use this rule of thumb but estimate your (risk free?) investment income i...Read more
I remember way back in the day when Craigslist was actually useful. Facebook Marketplace was also good up till about 2 years ago. Between that and the fake job posting it makes you wonder who is to gain from these. It’s definitely not the consumer 😩.
How are the schools and commute to NYC in the Metuchen area? Our budget is around $1M #housing
I am a Microsoft Employee and my wife works as well. We are a family with two kids going to private school. We have one home in Eastside PNW. We do have lot of equity lying around ~3M in stocks and other investments excluding the current home equity. We do want to diversify a bit. Should we consider...Read more
Poll
Family of 3 (spouse, me and 8 year old kid) living in South Bay in a 1100 sq ft house in good location. 500k mortgage remaining on mortgage at 2.9% with current valuation at 1.5M. 20 years remaining. Low property tax (1100 per month, 3000 mortgage) ** NW: 3.5m, age high 30s for both. Distribution: 1...Read more
#mortgage #housing #investments #economy
- Job market is shrinking. Big companies continuously offshore and layoff - Interest rate is very high - The housing price skyrocket including condo and townhouse Yet, it is still a very strong seller market. Will Seattle experience housing cooldown like Austin or China? WDYT
Is it worth investing there? Or are folks moving out of SF due to homelessness, crime rate etc