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Rents in Concord are smokin

By iwog   Follow   Mon, 20 Feb 2012, 10:22pm   17,147 views   180 comments
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Finally put my 1br, 1ba house up on Craig's List on Friday.

By Friday evening I'd shown it once and had 5 appointments for Saturday.

By Saturday evening I had a commitment and today I had a signed lease for $1100 per month and a check in hand. They move in Wednesday.

Rentals are smoking right now!

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1. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

   141   4:39pm Thu 1 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says I drive a 2003 Chevy Suburban most days. I wear jeans with holes in them and t-shirts. My neighbors hate me because I forget to take my trash cans in sometimes and I have the unmitigated gal to change my own automobile oil. I'm not a limousine anything. Oh, mister I have a a 9 year old car (fairly new and it works), you have clothes with holes in them because you are rentier and dont have to spend like working people do on clothing looking the part - you cant get a job if you look like crap so people like me being mistreated by you must spend more of our income on appearance upkeep to keep real jobs -, you have a single family home with garbage cans and you are a slumlord - YOU ARE NOT POOR. In fact, you are rich, but run around acting like you arent part of the class of people that leave bootprints on peoples faces and backs. Again, are you offering your tenants who slavishly pay you rent a rent to own offer?

2. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

   142   7:25pm Thu 1 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Mick Russom says you have clothes with holes in them because you are rentier and dont have to spend like working people do on clothing looking the part I actually manage a law office. Being a bloodsucking landlord is my side occupation. Mick Russom says YOU ARE NOT POOR. In fact, you are rich, but run around acting like you arent part of the class of people that leave bootprints on peoples faces and backs. Back to the drama queen stuff again eh?

3. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

   143   8:41pm Thu 1 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says I actually manage a law office. Being a bloodsucking landlord is my side occupation. Landlord of the Flies, Gordon Gekko and John Milton at Bendini, Lambert & Locke all rolled up into one.

4. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

   144   8:48pm Thu 1 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says I actually manage a law office. Being a bloodsucking landlord is my side occupation. This way you can have your Landlord-indemnity-contract drawn up so you can expose your victims to asbestos, lead paint, mold, etc. I've seen all the California Boiler Plate Landlord Agreements. They all say, "I know nothing" and make sure you cant sue when breathing in their toxic substances they own and rent to you.

5. JodyChunder Follow Befriend (3) 21 threads 1,533 comments Victorville, CA Premium

   145   9:26pm Thu 1 Mar 2012   Share   Quote   Permalink   Like   Dislike   wthrfrk80 says Human nature hasn't changed much in 10,000 years, let alone a few hundred. This is exactly correct, and as anthropological studies have shown us, we are by nature, tribal -- not driven by self interest (which so often gets conflated with self preservation) or even 'regulated greed.'

6. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

   146   9:32pm Thu 1 Mar 2012   Share   Quote   Permalink   Like   Dislike   JodyChunder says This is exactly correct, and as anthropological studies have shown us, we are by nature, tribal -- not driven by self interest (which so often gets conflated with self preservation) or even 'regulated greed.' We are tribal. I am looking for family and good friends to create a compound for our families. In india, buildings have courtyards and hire a doorman so all the kids can play in the courtyard. The USA sucks. There is no tribalism anymore, there is racism, or identity politics, but no real warm heart felt tribalism. It sucks being here. I wish it was 1980 again, when it sucked a lot less, the USA has degraded, every family is a lonely Island, and we give up our families in a quest for Federal Reserve Notes which are being debt-monetized. The future looks bleak.

7. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

   147   1:23am Fri 2 Mar 2012   Share   Quote   Permalink   Like   Dislike   Mick, If you're looking for a rent-to-own property, perhap I can help you. No guarantee of course. If you're in the SFBA, shoot me an email. There are many working class neighborhoods in the Bay Area where it's cheaper to own than to rent now. Good luck.

8. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   148   7:10am Fri 2 Mar 2012   Share   Quote   Permalink   Like   Dislike   Mick Russom says The USA sucks. There is no tribalism anymore, there is racism, or identity politics, but no real warm heart felt tribalism. It sucks being here. I wish it was 1980 again, when it sucked a lot less, the USA has degraded, every family is a lonely Island, and we give up our families in a quest for Federal Reserve Notes which are being debt-monetized. We still have tribalism. It's called (derisively by the media) "religious fundamentalism." Why else the appeal of Perry, Bachmann, Palin, and Santorum?

9. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   149   7:12am Fri 2 Mar 2012   Share   Quote   Permalink   Like   Dislike   I wonder what the suicide rate is among the Amish. It's probably close to zero, even though they are "poor and backward."

10. JodyChunder Follow Befriend (3) 21 threads 1,533 comments Victorville, CA Premium

    150   12:31am Sat 3 Mar 2012   Share   Quote   Permalink   Like   Dislike   wthrfrk80 says We still have tribalism. It's called (derisively by the media) "religious fundamentalism." Why else the appeal of Perry, Bachmann, Palin, and Santorum? Not exactly what I meant by tribalism -- it's even more fundamental than that, in that it is an ingrained behavioural dynamic inherent to our species survival. Everything else is propaganda.

11. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 182 threads 4,620 comments Premium

    151   1:35am Sat 3 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Wait for the mobs of people in walkers wandering through traffic waving squeegees. GOP congressmen will call them squeegeepreneurs, 'finally freed of the tyranny of the social security Ponzi.' The DNC will herd them into focus groups to figure out the minimum promise they can hold out to get their votes. Disney will market helicopter hunting tours of squeegeepreneurs at their outdoor encampments at the edge of cities where they will be driven by local police, who'll get a cut of the tour proceeds to look the other way. Zlxr says It's getting to where even the elderly who are on Section 8 will be having to start giving up eating and getting medical care. They may even end up on the streets and that's really sad.

12. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

    152   7:48am Sat 3 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Zlxr says I guess I wish we were all working towards a more sustainable society. Voting Republican has consequences and this is one of them. This is very much a political issue no matter how much people like to pretend otherwise. We're in almost the exact same spot as 1929 and ONLY the solutions offered from 1933 onward will work. There are a thousand things I'd rather invest in besides rental real estate, unfortunately all my customers are broke.

13. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    153   12:23pm Sat 3 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says Voting Republican has consequences and this is one of them. There it is again. Justifying your greed and avarice by blaming a political party. Your greed and who is in charge of the USA is orthogonal. No rent to own for your debt slaves. When you opening the Iwog general store?

14. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    154   12:24pm Sat 3 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says ONLY the solutions offered from 1933 onward will work. We already know We the Sheeple are going to be sent off to another war. The elite bankers and landowners need to thin the herd a bit to maintain your death grip on our lives.

15. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    155   12:24pm Sat 3 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says unfortunately all my customers are broke. Not broke enough for you to have extracted sufficient wealth to go and buy properties.

16. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

    156   12:45pm Sat 3 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Mick Russom says There it is again. Justifying your greed and avarice by blaming a political party. Your greed and who is in charge of the USA is orthogonal. No rent to own for your debt slaves. When you opening the Iwog general store? Again with the desperate attempt to make this personal. The fact I can do such horrible things to the working man is the greatest argument for me being right and you being wrong. When it comes down to millions of people, blaming single individuals is stupid, childish, and a waste of time. It's like yelling at a single locust for eating your crops while a million more much away, when what you really should be doing is buying a screen. It's like yelling at the winner of a game of Monopoly for being greedy instead of examining the rules to see if there's a way to allow the game to continue longer. Mick Russom says Not broke enough for you to have extracted sufficient wealth to go and buy properties. That's correct. Housing is one of the last things people will spend money on. It's higher than any other need besides food, and in this country food is basically free.

17. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    157   12:10pm Sun 4 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says and in this country food is basically free. Tell that to my kids who are skinny as a rail. Food prices are outrageous compared to before. And if you try to feed them high quality stuff, prices are sky high.

18. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    158   12:17pm Sun 4 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says yelling at a single locust for eating your crops while a million more much away Comparing yourself to a locust is quite a telling slip.

19. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

    159   3:12pm Sun 4 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Mick Russom says Tell that to my kids who are skinny as a rail. Food prices are outrageous compared to before. And if you try to feed them high quality stuff, prices are sky high. Bullshit. If your kids are skinny as a rail due to malnutrition, you should be arrested for criminal child neglect. There's free food at schools, free food at shelters, and free food packaged and perfectly good thrown away by the ton. You can have an entire meal on the free samples offered up in any Costco or Sam's club. This is a good example of why I think you're posturing and why I don't believe a thing you've said here. Nice try but this one seals it. Mick Russom says Comparing yourself to a locust is quite a telling slip. It's not a slip. I'm very precise in my language. My point is that even if I conform to your most vile representation, even if I'm nothing more than a locust in your eyes, your comments are still ridiculous. I think I did pretty well.

20. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    160   3:20pm Sun 4 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says You can have an entire meal on the free samples offered up in any Costco or Sam's club. I regularly go to whole foods and costco with the kids and eat sample. You dont know what hard times are like. You offer high rents with no rent to own option to people like me who have to cruise for samples.

21. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

    161   3:29pm Sun 4 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Mick Russom says You dont know what hard times are like. You offer high rents with no rent to own option to people like me who have to cruise for samples. That's a bunch of crap. I've been broke before. I've lived on ramen and $1 bread and delivered papers to make ends meet. I am certainly not a blood relative of the aristocracy. I simply don't believe anything you're trying to sell here anymore. I don't believe you're suicidal. I don't believe your kids are starving. I think this is a bit of theater drama because you want to get your point across.

22. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    162   4:47pm Sun 4 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says I simply don't believe Ignoring other's plights is a trait of those who make lots of unearned income. You and Mitt Romney seem pretty much the same, I see the bottom of your boots.

23. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

    163   8:50pm Sun 4 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Mick Russom says iwog says I simply don't believe Ignoring other's plights is a trait of those who make lots of unearned income. You and Mitt Romney seem pretty much the same, I see the bottom of your boots. You're a random stranger on the internet. Ignoring your plight? Seriously?? How about the plight of those I'm personally responsible for in real life first (including my tenants) and your plight dead last. Sound reasonable?

24. Mick Russom Follow Befriend (2) 7 threads 542 comments Belmont, CA

    164   10:11pm Sun 4 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says I'm personally responsible for in real life first You, yourself and thou. So if your policies are bad for everyone but good for your bubble its ok?

25. Bigsby Follow Befriend 2,843 comments Monterey, CA

    165   10:45pm Sun 4 Mar 2012   Share   Quote   Permalink   Like   Dislike (1)   Mick Russom says iwog says I'm personally responsible for in real life first You, yourself and thou. So if your policies are bad for everyone but good for your bubble its ok? That's hardly what he said. You seem to be making a hell of a lot of assumptions about someone you don't even know. He's a landlord. My God, the devil incarnate!

26. JodyChunder Follow Befriend (3) 21 threads 1,533 comments Victorville, CA Premium

    166   12:42am Tue 6 Mar 2012   Share   Quote   Permalink   Like   Dislike   Zlxr says I also think I read that somewhere in Europe they are going to have Euthanasia Mobiles to help put down sickly elderly people. No.

27. grinderman Follow Befriend 2 threads 43 comments Berkeley, CA

    167   12:25pm Tue 6 Mar 2012   Share   Quote   Permalink   Like   Dislike   &feature=related

28. Homeboy Follow Befriend 17 threads 1,613 comments

    168   11:03pm Wed 7 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   iwog says Finally put my 1br, 1ba house up on Craig's List on Friday. By Friday evening I'd shown it once and had 5 appointments for Saturday. By Saturday evening I had a commitment and today I had a signed lease for $1100 per month and a check in hand. They move in Wednesday. Rentals are smoking right now! That's nice, 'cuz in 94520 prices dropped 17.4% from 2010 to 2011. Ouch! Glad you're getting some rent money, 'cuz you sure as hell aren't gonna make any selling anything. LOL!

29. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

    169   6:19am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   Homeboy says That's nice, 'cuz in 94520 prices dropped 17.4% from 2010 to 2011. Ouch! Glad you're getting some rent money, 'cuz you sure as hell aren't gonna make any selling anything. LOL! No they didn't. I can sell every single one of my Concord homes for what I bought them for (or more) with two exceptions, and even those are within 10%.

30. edvard2 Follow Befriend 38 threads 2,313 comments

    170   8:04am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says No they didn't. I can sell every single one of my Concord homes for what I bought them for (or more) with two exceptions, and even those are within 10%. Doesn't sound like they're very good investments then. I could sell most of the stock I bought in 2007 for about 20% more than I paid. For those bought before- significantly more.

31. iwog Follow Befriend (48) 274 threads 12,655 comments 47 male Lafayette, CA Premium

    171   8:06am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   edvard2 says Doesn't sound like they're very good investments then. I could sell most of the stock I bought in 2007 for about 20% more than I paid. For those bought before- significantly more. Do the stocks you bought in 2007 net 6-8% per year and give a tax deduction?

32. dunnross Follow Befriend 28 threads 1,489 comments San Jose, CA Premium

    172   8:09am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says Do the stocks you bought in 2007 net 6-8% per year and give a tax deduction? Neither stocks or RE is a very good investment in a K-winter. Precious metals is where it's at.

33. RentingForHalfTheCost Follow Befriend (8) 40 threads 2,062 comments Pleasanton, CA Premium

    173   8:18am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike (1)   iwog says edvard2 says Doesn't sound like they're very good investments then. I could sell most of the stock I bought in 2007 for about 20% more than I paid. For those bought before- significantly more. Do the stocks you bought in 2007 net 6-8% per year and give a tax deduction? Averaging 12% return in both my retirement and outside accounts since 2004. I did great in shorting the housing market for two years. I look at it like a game of staying ahead of the masses chasing greed. ;) Right now the greed is in social media which is why I am not. Pandora, GroupOn, Netflix, Zygna, etc. Soon, I think there will be good money flows back into the fortune 500 companies. Earnings are solid and the gov't can't afford to not help corporate America because jobs are on the radar for the next year. Companies are finding very creative ways to keep their cash and pay very low tax rates. The tax deduction doesn't work that well for two income households.

34. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

    174   8:32am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   Rents are smokin but equity is sinkin under the rental check. O the illusion of money making. :)

35. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    175   8:54am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   dunnross says Precious metals is where it's at. Gold and silver are overvalued historically. Cash is the worst asset class right now. Except for all of the other asset classes.

36. Homeboy Follow Befriend 17 threads 1,613 comments

    176   10:45am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   iwog says Homeboy says That's nice, 'cuz in 94520 prices dropped 17.4% from 2010 to 2011. Ouch! Glad you're getting some rent money, 'cuz you sure as hell aren't gonna make any selling anything. LOL! No they didn't. I can sell every single one of my Concord homes for what I bought them for (or more) with two exceptions, and even those are within 10%. Um, yeah they did. This is my source. Read it and weep: http://dqnews.com/Charts/Annual-Charts/SF-Chronicle-Charts/ZIPSFC11.aspx What's YOUR source? Wishful thinking? Har.

37. Homeboy Follow Befriend 17 threads 1,613 comments

    177   10:51am Thu 8 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   dunnross says Precious metals is where it's at. I hear tulip bulbs are hot right now ;)

38. RentingForHalfTheCost Follow Befriend (8) 40 threads 2,062 comments Pleasanton, CA Premium

    178   10:57am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike (1)   Homeboy says iwog says Homeboy says That's nice, 'cuz in 94520 prices dropped 17.4% from 2010 to 2011. Ouch! Glad you're getting some rent money, 'cuz you sure as hell aren't gonna make any selling anything. LOL! No they didn't. I can sell every single one of my Concord homes for what I bought them for (or more) with two exceptions, and even those are within 10%. Um, yeah they did. This is my source. Read it and weep: http://dqnews.com/Charts/Annual-Charts/SF-Chronicle-Charts/ZIPSFC11.aspx What's YOUR source? Wishful thinking? Har. But Iwog only buys in areas where prices are rising. If that data zoom in deep enough to show individual house price changes you would see it easy. It is the third "location". The first two get you to a street level and the third is a particular house. Iwog is sharp and follows it all the way down. When he is a buyer he screams out about how the prices are falling. When he switches to a seller then he talks about how the market is on fire, multiple bids, Asians!, Facebook!, etc.. :)

39. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

    179   10:59am Thu 8 Mar 2012   Share   Quote   Permalink   Like   Dislike   RentingForHalfTheCost says But Iwog only buys in areas where prices are rising. Iwog buys properties that only goes up in value. LOL.

40. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

    180   1:37am Mon 12 Mar 2012   Share   Quote   Permalink   Like   Dislike   bubblesitter says Iwog buys properties that only goes up in value. LOL. Higher Higher and Higher... The world is yours IWOG

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