Recent content by woodburyowner

If there is a reassessment, it's only on the value of the additional sq ft added. The effect of the reassessment will be much less than purchasing a similar property at full price. The 4bd with 3rd floor bonus room is a horrible configuration that will have a hard time finding buyers.

Actually, the front of the house also got pushed out beyond the garage. That's where the extra bedroom is coming from. You can look at the google street photos and the current photo of the front. Looks very nicely done.

Can you share your yelp page? Also, for being an "old family owned company", your digital footprint looks very recent.

Looks like they expanded the back of the property at a minimum. Would be interesting to see this property in person to see what they really did. It's pretty rare to see this vintage property get this level of renovation.

Wow, what are the odds of such a scenario if the sellers are actually 3 independent people?

Damn.. that's the 3rd or 4th ownership change?

The wait for this place is insane. Takes 10-15 mins to put an order in and then 45mins - 1 hour to receive your drink during peak times. They offer online ordering through their app, but charge a premium for doing so!

Didn't most people who "lost their home" during the GFC make out like bandits? They typically put 0 down, refinanced more money out (hundreds of thousands), stopped paying, lived in the home for an additional few years without any payments and then "lost their homes". And to top everything...

Any ideas on pricing? Their website is basically a placeholder.

JC up .7% YoY, Irvine up 3.7% YoY. That's a 528% difference!! Seems like Irvine >>>>>>>>>>>>>>>>>>>>>>> JC

That must mean your HHI is ~>$585k gross? $585k - $30k (standard deduction) - $3k FSA - $5k (DCFSA) - $47k (2x 401k). I would say that's a small minority of people in Irvine..

Chiang Rai is really good, but about 10-15% more expensive with 10-15% less portion than other local Thai restaurants. To me, it's not worth the tradeoff..

Any creative discussion points or just just calculating capital gains (15/20% + 3.8% NIIT + 9.3% CA ) tax will be owed above $500k?

Go with a RIA who will rebate you a portion of the commission.

There are plenty of dual income tech folks (or 1 tech, 1 physician, big law attorney, etc) making 1M+/year in the last few years when you include RSUs/bonuses. Also remember there are many trade-up buyers as well who are selling their 1.5-2.5M property to move into a 4M+ property. 4M just...