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California

Auggie

(33,309 posts)

4. I should have bought that Tenancy-In-Common unit when I had the chance

Reply to KamaAina (Original post)

Wed Mar 4, 2015, 08:57 PM

Mar 2015

$365,000 for a beautiful one bedroom w/ 1.5 baths and formal dining plus eat-in kitchen, and optional tandem parking for an extra $15,000 in one of San Francisco's best neighborhoods.

The down payment on $380,000 would have wiped out my retirement account. And the monthly payment, with management fees, would have been hard to make on my own. But I'd have a unit worth more than four times what my retirement account is worth right now.

*sigh*

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High Bay Area rent prices drive mom to raise child in a garage [View all] KamaAina Mar 2015 OP

Yes, sigh, that's how it is out there... whathehell Mar 2015 #1

I live in San Francisco and could rent out my spare downstairs room for $1800 a month kimbutgar Mar 2015 #2

I may end up taking you up on that KamaAina Mar 2015 #3

You don't know how many times I have been approached about renting out this room kimbutgar Mar 2015 #5

Actually, I could probably find a real apartment for less KamaAina Mar 2015 #7

I should have bought that Tenancy-In-Common unit when I had the chance Auggie Mar 2015 #4

Is that legal? With a garage door like that? cui bono Mar 2015 #6