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  1. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Photos: https://www.realtor.com/realestateandhomes-detail/716-Trailblaze_Irvine_CA_92618_M20606-83008 If I'm not mistaken, this is a very nice ground level condo. No stairs, has master bedroom and an office that could be converted to a small bedroom as needed. The price is outrageous. I was...
  2. momopi

    Stock picks

    https://www.bogleheads.org/forum/viewtopic.php?p=7920042#p7920042 "Sold everything including the home and put it in NVDA and currently going all in on margin beyond that. This one will not lose and clearly everyone needs to get on this train." ^^ Is this the part where we should be fearful...
  3. momopi

    Taco Tuesday

    Located at St George's Church in Laguna Hills: https://tacosbirria.com/ https://www.yelp.com/biz/tacos-de-birria-estilo-guadalajara-laguna-hills
  4. momopi

    ICE or EV?

    https://www.caranddriver.com/news/a61155206/fisker-ocean-recall-bankruptcy/ Fisker Recalls Ocean EV Days before Company Files for Bankruptcy Fisker recalled 6864 SUVs over concerns of losing drive power, and it has now filed for Chapter 11 bankruptcy protection.
  5. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    If you thought Irvine prices was crazy... https://www.redfin.com/CA/Venice/433-Howland-Canal-90291/home/6734480
  6. momopi

    ICE or EV?

    Viktor Orbán is probably breaking out the champagne in Budapest. BYD's profit margin in EU is 45% higher than China, but with the latest tariffs they will be paying existing 10% + additional 17.4% = 27.4% that will eat into profits. EU accounts for 38% of China's EV exports so BYD cannot...
  7. momopi

    Need help

    For less than $1k you can rent a place for the weekend near the beach. Instead of being fixed to HB, take your family to different beaches cities during the Summer. Go explore California beach towns/cities like Oxnard, Santa Barbara, etc. Go see a Polo tournament in Carpinteria. Wine tasting...
  8. momopi

    Las Vegas landlord shocked by number of people desperate to rent his 160-square-foot unit for $950/month

    Due to housing shortage, many cities have relaxed building and parking requirements. In my area, I believe you're allowed to have a "tiny home" up to 400 sq ft, it's treated as a park model or RV. To go above that you'd need an ADU permit. If all you need is a small home office, it's possible...
  9. momopi

    Las Vegas landlord shocked by number of people desperate to rent his 160-square-foot unit for $950/month

    https://finance.yahoo.com/news/las-vegas-landlord-shocked-number-152500660.html "A landlord who listed a tiny home for rent in the Las Vegas Valley was shocked by the overwhelming response he received from renters desperate to find an affordable place to live. The anonymous Nevada man listed a...
  10. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    /me waits patiently for knife catcher posts in x years.
  11. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    It's easier to find single story homes w/yard in Turtle rock. While this might not be a concern today, in 30 years you might have mobility issues.
  12. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Redfin already pulled the photos, but you can still see them here: https://www.theagencyre.com/listing/10991594-6256-Sierra-Palos-Road-Irvine-CA-92603-US I believe this is Turtle Rock HOA... old school premium area.
  13. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Hypothetically, if I had sold my Irvine condo 20 years ago and put $200k profit into S&P 500 index fund, using 9.88% annual returns (dividends reinvested) it will yield $1.3 million which is much more than what the condo is worth today. But if the condo were to yield $1,000/month in positive...
  14. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    SLO was always more of a college town experience for me, because I used to visit friends attending Cal Poly there and only hanged out with college kids. It's a nice place, but like many Central California locations, healthcare accessibility is an issue with long waits. If you lived in Santa...
  15. momopi

    California launching pilot program to charge drivers for miles driven

    https://www.autoblog.com/2024/05/26/california-launching-pilot-program-to-charge-drivers-for-miles-driven/ California is the nation's biggest EV market by a wide margin, and the relatively high percentage of battery-powered cars is digging a hole in the state's budget because it relies on...
  16. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Yes and no. The well-off may employ private nurses and contract concierge doctors for routine care, but still need to go to a hospital for major or specialist treatments. The issue with living in small towns like Cambria is that the local clinic might resemble a prefab building with limited...
  17. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    If I were to promote Irvine homes to target demographic group, I’d target high net worth retiree’s. I’d go to Cambria, St Helena, Calistoga, etc. and say, hey guys, as you get older it’d be difficult dealing with driving far distance for medical care. Come to Irvine, we have many convenient...
  18. momopi

    ICE or EV?

    Hybrid cars have better gas mileage but is often offset by smaller gas tank. On the Toyota Camry, 16.8 ICE vs 13.2 hybrid gallon tank.
  19. momopi

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    California has many smaller & charming towns like Cayucos, Atascadero, Camel, Cambria, St Helena, etc. It's a shame that so many people living in big cities never venture out to explore them. I've known people who live in Irvine and never visited Laguna Beach (!). However, access to...
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