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SVTPerformance's Chain of Restaurants
Road Side Pub
Thoughts on Real Estate- bubble burst or not?
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<blockquote data-quote="Stanger00" data-source="post: 16705608" data-attributes="member: 128629"><p>Like most of the others said. Buy another property before you sell your home. It’s better to just reinvest your cash into another real estate asset. Your cash will just lose value if you let it sit in your bank account. </p><p></p><p>I’m selling my home. We are in a place where the schools that are a 2 minute walk from my 5 year old home still rank very low 3-4 and haven’t improved since we moved here. My son will be kindergarten age next year. </p><p></p><p>It was either buck up for private Christian school or move to a new area.</p><p></p><p>We decided to move and put our equity into another brand new build where schools are 8-10. </p><p></p><p>The new home is about $1k more a month but cheaper than private school tuition. I have 2 kids 3.5 year old and 1.5 year old.</p><p></p><p>I wish I could leave CA!</p></blockquote><p></p>
[QUOTE="Stanger00, post: 16705608, member: 128629"] Like most of the others said. Buy another property before you sell your home. It’s better to just reinvest your cash into another real estate asset. Your cash will just lose value if you let it sit in your bank account. I’m selling my home. We are in a place where the schools that are a 2 minute walk from my 5 year old home still rank very low 3-4 and haven’t improved since we moved here. My son will be kindergarten age next year. It was either buck up for private Christian school or move to a new area. We decided to move and put our equity into another brand new build where schools are 8-10. The new home is about $1k more a month but cheaper than private school tuition. I have 2 kids 3.5 year old and 1.5 year old. I wish I could leave CA! [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Thoughts on Real Estate- bubble burst or not?
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