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Mattphi

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249k house

Thats not a lot. In six years, mark my words six years I'll be looking for a house and I plan on paying around 700k+ 249k on a house, I don't even think you can find a house for 249k. Or even a condo...You are one lucky person!

Yes your house would probably be 800k, probably more than that cause you have land most likely thats what makes me sick, but I'm paying for good weather, bad traffic and gangs so there :)

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fuck that add a wife that doesnt work, a 249k house, 3 cars and 2 kids and we'll talkwhat makes you think that wont be you in 20 years?

I don't plan to do property management. I plan to do what I'm working on, build enough capital selling other people's properties then purchase a single tenant NNN building with a nice corp-backed 15yr lease. After selling commercial for 5 years my senior broker holds over $50M in properties for himself, which is quite an achievement for a 25yo.

We actually wonder what it will be like to get cold calls from brokers like us... I hope I'll be nice to them, it's just the way they make money. Or I can use a 3rd party registered agent (CT Corp or something of the like) so that no one finds out my phone number.

Your house could probably go for more here. It's scary actually. $800k doesn't buy that great of a house here. I just drove through Daly City (a relatively poor city) and saw so many open houses on Sunday. I mean somewhere around 2-3 per BLOCK. All because of those sub-prime loans, people who had no business getting a loan bought houses on adj rates that were worth less than what they paid. Rates went up, people started making payment twice the amount they were, defaulted and the banks have to sell the property. Sucks.

+1 for working on commission. What do you do?

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im glad you did california boy, cause i garuntee my house would go for 800k plus out there where you live

Wonderful. Unfortunately, zoning laws make it impossible for there to be "house" around where I live for $800K, as lots have a minimum size of a half-acre. A half-acre of weeds sells for over $1.6M.

But hey...if it's your typical sub-par, ~1600 sq. ft. 3br/2ba fixer-upper down the hill, I'm sure it can fetch $800K. My hat's off. But please don't try to claim you have it "made" because you live in a $250K house.

wanna drop paychecks while were at it?

I thank God every morning I wake up that I have not recieved a "paycheck" since I was 15. You've got me beat there.

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Wonderful. Unfortunately, zoning laws make it impossible for there to be "house" around where I live for $800K, as lots have a minimum size of a half-acre. A half-acre of weeds sells for over $1.6M.

Hillsborough is great.. it's like a country club city!

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Wonderful. Unfortunately, zoning laws make it impossible for there to be "house" around where I live for $800K, as lots have a minimum size of a half-acre. A half-acre of weeds sells for over $1.6M.

But hey...if it's your typical sub-par, ~1600 sq. ft. 3br/2ba fixer-upper down the hill, I'm sure it can fetch $800K. My hat's off. But please don't try to claim you have it "made" because you live in a $250K house.

I thank God every morning I wake up that I have not recieved a "paycheck" since I was 15. You've got me beat there.

So i guess .84 of a acre with 2984 square feet, all brick plus a 948 square foot garage would do alot better out there than what i thought?(on a side street off a side street with obviously very few cars going through) glad to know i have it made, cause i wouldnt live in california if my life depended on it. but hey if it makes you happy dumpin money into a 3 bedroom shack where you can almost shake your neighbors hand out your window cause the houses are so damn close together, more power to ya, cause 800k gets you a nice ass house out here with plenty of income potential and opportunitys.

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In SF a house that size is $2-3m depending on location (prices from $600-1100/sf). In Hillsborough (where Joe lives) there are limitations to the minimum size lot of .5 acres, size house of 2500 sq ft or more and how far away you are from another house. So he's not actually touching anyone. In SF houses are butted up next to each other in most neighborhoods. Even the house for sale at $65M (going for $2900/sf) is next to a lot of others. People are still willing to pay these prices, probably because they really want to live here :)

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In SF a house that size is $2-3m depending on location (prices from $600-1100/sf). In Hillsborough (where Joe lives) there are limitations to the minimum size lot of .5 acres, size house of 2500 sq ft or more and how far away you are from another house. So he's not actually touching anyone. In SF houses are butted up next to each other in most neighborhoods. Even the house for sale at $65M (going for $2900/sf) is next to a lot of others. People are still willing to pay these prices, probably because they really want to live here :)

i like where i live, nice and quiet near the city, 15 minutes to knoxville

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i like where i live, nice and quiet near the city, 15 minutes to knoxville

Thats the key to it. Like where you live.

For me, career wise it would have to be Nashville, New York City, or Los Angeles. I love California to death. I love the people, weather etc. Yeah it has it down sides (Took me 2 hours to go from mid-LA to south-LA), but there are plenty good things to make up for it.

I've lived in Idaho, Michigan, Arizona, Texas, North Carolina, Georgia and all over Southern California and I came back here cause I love it. The only thing I wish though is that we did have more land. I remember when I lived with my parents in Michigan they spent about 270k on their house and it was ridiculously huge. We had like 2 acres, it was a beautiful place, but there were no jobs in the entertainment industry.

I would really like to go to Nashville and visit Dark Horse Recordings, Anyone ever been there? Its like a Studio turned into a resort!

http://www.darkhorserecording.com/

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