Investing 102

[Bucketlist2012]

Originally Posted by SLO_Z28

I kind of have to ask what area you're looking in? One of my best friends neighbors' has their house for sale, 1400sqft on 8 acres with a barn, and its in the only county that is completely smog exempt in ca (new and old cars) all for $150,000. http://www.trulia.com/property/30805...urson-CA-95225

Ive been looking up in that area, I get paid more to work there and I could buy 2 houses for what I pay for rent here in so-cal, there are a couple dozen nice homes in the $60,000-75,000 in that area too.

It was in Redding of all places, near her Family.. A real high end gated community. The house was valued at over one million a few years ago.. I don't really want to move there and Like I said, it is in bad shape. The smaller houses in the neighborhood are really nice, and sell for 350,000 to 500,000, but they are in great shape. I could get this house for less than 300K, but I don't want it. It sits on 3 acres. To replace the landscaping would be 50,000 dollars.

I have a great home now in the bay area, with many custom features that I just had done.Hardwoods, granite, custom stairs.

My Wife just misses her family.
So there is the problem. I can live where I am at, and she wants to move, and move up again...

But it won't be happening , and my Wife is getting used to the idea finally..

She understands about over Leveraging...