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Thread started 07/27/07 7:20am

Muse2NOPharaoh

Leaving California

I have lost over 20 treasured clients in the last 12 months to other states. They cash out their houses here and live very well and with more of a lifestyle then they did in my state. Although it was heart breaking at the same time I get it. having travelled a good bit now I myself am convinced my stay in California will end in the next few years. We work far to hard to maintain a roof over our heads here.

My plan is to make a few additional ends in real estate and invest them in property outside this state. Yesterday in economics I studied property conversions and realised I am very interested in the concept. ( In this case, taking a large home and splitting it into several apartments and renting it out.)

What state has best long term prospects is a good question. I am not even afraid of the cold now.....

Ideas?
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Reply #1 posted 07/27/07 7:22am

live4lust

I know Florida sucks for selling your house because people can always just build a new one. There is still so much land there.
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Reply #2 posted 07/27/07 7:23am

Hypo

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Mexico is pretty cool nod
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Reply #3 posted 07/27/07 7:23am

Muse2NOPharaoh

live4lust said:

I know Florida sucks for selling your house because people can always just build a new one. There is still so much land there.

It is also damn humid there and HOT!


...also confused Dan lives there!
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Reply #4 posted 07/27/07 7:23am

CarrieMpls

Ex-Moderator

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You know what I'm going to tell you, right?

batting eyes


For purely selfish reasons, of course.

Of course, I know nothing of the real estate market. Just that the housing market is as busted here at the moment as it is everywhere else. But it always turns around. The growth here in the last 10 years alone is astounding.
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Reply #5 posted 07/27/07 7:24am

Muse2NOPharaoh

Hypo said:

Mexico is pretty cool nod

Actually is but Americans cant own property only lease for 99 years and rental prospects aint to swift... besides, lol one could easily argue i am in Mexico now.....
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Reply #6 posted 07/27/07 7:24am

butterfli25

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Try Texas

the market is booming here and in my local town many investors from California are buying up rental properties by the block and renting them out to the military.

I'll send ya some info if you like wink
butterfly
We all should know that diversity makes for a rich tapestry, and we must understand that all the threads of the tapestry are equal in value no matter what their color.
Maya Angelou
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Reply #7 posted 07/27/07 7:25am

CarrieMpls

Ex-Moderator

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Minneapolis is a GREAT place to continue raising your son.
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Reply #8 posted 07/27/07 7:27am

live4lust

Muse2NOPharaoh said:

Hypo said:

Mexico is pretty cool nod

Actually is but Americans cant own property only lease for 99 years and rental prospects aint to swift... besides, lol one could easily argue i am in Mexico now.....


nod We live in Northern Mexico.
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Reply #9 posted 07/27/07 7:27am

Muse2NOPharaoh

CarrieMpls said:

You know what I'm going to tell you, right?

batting eyes


For purely selfish reasons, of course.

Of course, I know nothing of the real estate market. Just that the housing market is as busted here at the moment as it is everywhere else. But it always turns around. The growth here in the last 10 years alone is astounding.



Well, as it were... it is high on the list of considerations... I was thinking of investing there at the very least... then you can grab a piece and manage it for me!

I really am done with this state and its lifestyle..... and the men in Minne were to hot.... I remember staring everytime we were in the straight communities thinking omfg they dont build them here like that.
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Reply #10 posted 07/27/07 7:28am

Muse2NOPharaoh

butterfli25 said:

Try Texas

the market is booming here and in my local town many investors from California are buying up rental properties by the block and renting them out to the military.

I'll send ya some info if you like wink

Sounds great....
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Reply #11 posted 07/27/07 7:31am

Muse2NOPharaoh

CarrieMpls said:

Minneapolis is a GREAT place to continue raising your son.

If his father wasnt so wonderful I'd be gone in a heartbeat. However, that was the few years part... Although I intend to begin laying roots down sooner.... I figure your economy is suitable for both my careers and also affords a slower pace lifestyle.
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Reply #12 posted 07/27/07 7:46am

CarrieMpls

Ex-Moderator

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Muse2NOPharaoh said:

CarrieMpls said:

Minneapolis is a GREAT place to continue raising your son.

If his father wasnt so wonderful I'd be gone in a heartbeat. However, that was the few years part... Although I intend to begin laying roots down sooner.... I figure your economy is suitable for both my careers and also affords a slower pace lifestyle.


Indeed.

And any help needed, there are several of us here who can and are willing.

And I'd LOVE to manage a property for you.
I think. lol


You'd love it here, you know you would.
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Reply #13 posted 07/27/07 7:52am

PREDOMINANT

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Well the property market is very fluid over here batting eyes

We have tons of old grand building that are to big (and expensive) for people to own by themselves and they are often being butchered into flats all the time.
Happy is he who finds out the causes for things.Virgil (70-19 BC). Virgil was such a lying bastard!
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Reply #14 posted 07/27/07 7:54am

CarrieMpls

Ex-Moderator

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Reply #15 posted 07/27/07 7:59am

PREDOMINANT

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CarrieMpls said:

http://en.wikipedia.org/wiki/Minneapolis,_Minnesota



http://en.wikipedia.org/wiki/London
Happy is he who finds out the causes for things.Virgil (70-19 BC). Virgil was such a lying bastard!
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Reply #16 posted 07/27/07 8:05am

Hypo

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PREDOMINANT said:

CarrieMpls said:

http://en.wikipedia.org/wiki/Minneapolis,_Minnesota



http://en.wikipedia.org/wiki/London



http://en.wikipedia.org/wiki/Mexico shrug
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Reply #17 posted 07/27/07 8:18am

Muse2NOPharaoh

eek i have a wiki headache!
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Reply #18 posted 07/27/07 8:19am

PREDOMINANT

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Muse2NOPharaoh said:

eek i have a wiki headache!



http://en.wikipedia.org/wiki/Ibuprofin
Happy is he who finds out the causes for things.Virgil (70-19 BC). Virgil was such a lying bastard!
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Reply #19 posted 07/27/07 8:19am

Sowhat

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Muse2NOPharaoh said:

Hypo said:

Mexico is pretty cool nod

Actually is but Americans cant own property only lease for 99 years and rental prospects aint to swift... besides, lol one could easily argue i am in Mexico now.....



I could be wrong or maybe it has changed but I thought an American can own property in Mexico but only for 40 years.....
"Always blessings, never losses......"

Ya te dije....no manches guey!!!!!

mad I'm a guy!!!!

"....i can open my-eyes "underwater"..there4 i will NOT drown...." - mzkqueen03 eek lol
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Reply #20 posted 07/27/07 8:20am

Muse2NOPharaoh

PREDOMINANT said:

CarrieMpls said:

http://en.wikipedia.org/wiki/Minneapolis,_Minnesota



http://en.wikipedia.org/wiki/London

giggle
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Reply #21 posted 07/27/07 8:22am

Muse2NOPharaoh

Sowhat said:

Muse2NOPharaoh said:


Actually is but Americans cant own property only lease for 99 years and rental prospects aint to swift... besides, lol one could easily argue i am in Mexico now.....



I could be wrong or maybe it has changed but I thought an American can own property in Mexico but only for 40 years.....

That could be so inland... unsure... but their economy is snarky for sure!
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Reply #22 posted 07/27/07 8:30am

mdiver

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Reply #23 posted 07/27/07 8:34am

Muse2NOPharaoh

mdiver said:

http://en.wikipedia.org/wiki/thereisarealnicehousenextdoortophilandvaloryupforsale

wink

lol lol lol SCORE 10!
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Reply #24 posted 07/27/07 8:35am

Muse2NOPharaoh

PREDOMINANT said:

Muse2NOPharaoh said:

eek i have a wiki headache!



http://en.wikipedia.org/wiki/Ibuprofin

lol I miss you nut! You and the wife have a wonderful few weeks! hug
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Reply #25 posted 07/27/07 8:36am

mdiver

Muse2NOPharaoh said:

mdiver said:

http://en.wikipedia.org/wiki/thereisarealnicehousenextdoortophilandvaloryupforsale

wink

lol lol lol SCORE 10!


highfive
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Reply #26 posted 07/27/07 8:38am

PREDOMINANT

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mdiver said:

Muse2NOPharaoh said:


lol lol lol SCORE 10!


highfive


shake south of the river!!!
Happy is he who finds out the causes for things.Virgil (70-19 BC). Virgil was such a lying bastard!
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Reply #27 posted 07/27/07 8:39am

mdiver

PREDOMINANT said:

mdiver said:



highfive


shake south of the river!!!


Leafy Surrey my friend.....moments from the garden of England.....fackin' norf landners wink
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Reply #28 posted 07/27/07 9:14am

HamsterHuey

Anyways.

Holland.

We got them things next to our rivers that keep the rain outa our houses. Real smart concept.

And people speak American over here. Who understand them Brits anyhew?

Total cunts, really.
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Reply #29 posted 07/27/07 9:39am

XxAxX

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CA is expensive. i lived in SF for a couple of years. but prices there are insanely high. and, believe it or not, i really really missed the changing of the seasons. so i moved back to relatively unfashionable minneapolis. boxed

here in the midwest (mpls) the quality of life is great, and the cost of living is not so outrageous.

good luck with your decision. rose
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