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Thinking of Buying

Postby MonteLDS on Wed Aug 02, 2006 6:21 pm

So the last few days I have really thought about buying a condo. I have no problem buying. I think I could afford it but at the same time it's a lot of money. A condo here could buy me a large house in TX.
Right now it looks like a 1 bedroom 1 bath condo in Walnut Creek CA for about 300k
Making payments w/ HOA and taxes about $2,700 a month.
I know that might be more than some people here make a month or more than what they may pay on their own house payment, but Location Location Location.

So what are some of your guys (girls?) thoughts?
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Postby Dartman on Wed Aug 02, 2006 6:55 pm

Housing market is starting to slump a bit and in some areas Condos are starting to not sell as quickly as before. 300k for basicly a 1 bedroom apartment that you own seems insane but that's California for ya. I pay 600 a month to rent a 2 bedroom small house here in Oregon, admittedly it's a very cheap price but it can be done. Really explore your options and areas before plunking down a bunch of money on something like that. I'd much rather have a standalone house at that price rather then a apartment, especially if it's not a rental to make income on but a home for youself for some years.
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Postby Ian on Wed Aug 02, 2006 8:21 pm

Do it. It's a great investment. Considering what you spend on dates, you shouldn't have any problems making monthly payments. Chicks also like guys with their own place. :wink:
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Postby MonteLDS on Wed Aug 02, 2006 8:35 pm

Ian wrote:Do it. It's a great investment. Considering what you spend on dates, you shouldn't have any problems making monthly payments. Chicks also like guys with their own place. :wink:


well this is part of the draw back. not that chicks like guys with their own place, but that i wouldn't date anymore. Well at least for 2 years when i gain enough bussiness to pay for both dates and my place.
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Postby Ian on Thu Aug 03, 2006 12:41 pm

You don't need to stop dating. They just don't need to be as elaborate. Maybe girls will actually see the real Monte this way?
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Postby CowboySlim on Thu Aug 03, 2006 1:09 pm

Don't worry about not having money for dates after you buy.

Once they see your place, they'll pay for the dates! :o
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Postby Ian on Thu Aug 03, 2006 1:37 pm

CowboySlim wrote:Once they see your place, they'll pay for the dates! :o


lol.. it would probably have to look like a real shit hole then.
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Postby wicked1 on Fri Aug 04, 2006 4:30 pm

I cant even imagine paying that for a condo. WOW! :o I pay $550 a month for my house and I own it. 4 bedroom 2 bath. More reasons to never go back to California was there once in my truck and refuse to go back.
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