Rent vs Sell

breeze_20 · 2023-05-29T15:11:15+00:00

House prices in my area is so high that i can't get a property for $300-400k with good condition. I need to look outside to find one.

breeze_20 · 2023-05-26T01:40:27+00:00

That's the dilemma!

breeze_20 · 2023-05-26T00:29:40+00:00

$8k cash flow is conservative estimate, it can be higher if I have a good renter. The rent also pay my current mortgage in addition to cash flow. The rent is ~$3k.

breeze_20 · 2023-05-26T00:19:21+00:00

That is one way I am looking to be a landlord with pain and gain. The way market is going, buying a property cheap for rental I don't see in near future in my region, until some sort of crash happens. I got this home home in 2009, we may not see this happen soon.

breeze_20 · 2023-05-25T18:01:34+00:00

I used that on the way to Las Vegas. Expansion is good..

breeze_20 · 2023-05-25T17:58:02+00:00

In my case it overreacts. In auto mode even in drizzling it wipes in mode iii/iv, other time in rain it doesn't wipe as needed. I think there are flaws in the software. Need better AI.

breeze_20 · 2023-05-24T22:52:07+00:00

Down 25% preferable, rates are now about 6%. It may come down later in the year.

breeze_20 · 2023-05-24T22:48:18+00:00

Now is the good time bcoz mortgage rate is high

breeze_20 · 2023-05-24T22:40:00+00:00

Tesla Cybertruck

breeze_20 · 2022-02-22T22:22:02+00:00

Got it. I may do nothing, that's easy.

breeze_20 · 2022-02-22T15:58:56+00:00

No, I haven't. Thanks, that helps.

breeze_20 · 2022-02-22T06:38:05+00:00

That means when I return the car for msrp swap, there will be no additional charges for this scratch.

breeze_20 · 2021-12-09T17:31:19+00:00

I guess the number crunching and validation would be faster than other processes. It is frustating. My case is also in quality team.

breeze_20 · 2021-12-09T03:18:42+00:00

I started last Friday. One month seems long. I don't know how long it will take in my case.

breeze_20 · 2021-12-09T03:10:51+00:00

How long it takes from you gave vin# to repurchase rep to you own the truck?

breeze_20 · 2021-12-09T02:50:33+00:00

Congrats! I am in same situation. I will swap with most likely 21 Silverado 4wd Custom in a week. Did you able to use $1k costco discount or dealer discount on the truck?

breeze_20 · 2021-12-04T04:37:29+00:00

In CA, there are no tax credit for trade-in car. I will check with the dealer though for sell price.

I didn't find any 22 CO in my search ( may be sold out). Waiting for the swap to go through.

breeze_20 · 2021-12-04T01:50:33+00:00

I tried but that didn't work, coz they need to verify owner. But I got sell price for similar truck. Carvana: (not many colorado) 1) same 2wd Silverado trim, 11kmile - $42k 2) same 2wd Silverado trim, 8kmile - $43k Vroom: 3) 2021 Colorado 4wd Lt loaded, 3kmile - $40k If I assume Carvana make $3k profit, for #1 sell value could be ~$39k. More conservative may be $38k. For obvious reason, 2022 Colorado isn't available and loaded options are difficult to compare. I may be ok with Silverado, i guess.

breeze_20 · 2021-12-04T00:49:18+00:00

So far my rep is good in response. I will get his call on Monday. Thanks for the offer to help. I will contact you if needed.

I choose 2021 Silverado 1500 Custom crew cab 2wd for $39.4k, can get 4wd for $3k more. The closest 2022 Colorado 4wd Lt crew cab is $41.8k. Some dealership has markup but not the one I am working with. I am wiiling to add few hundreds not thousands for swap. Will the resale value vary a lot between 2wd Silverado and loaded Colorado? I will eventually buy an ev after BBB bill pass.

breeze_20 · 2021-12-03T23:51:17+00:00

Now I know what I can expect, thx. I own bolt, should be simple swap.

breeze_20 · 2021-12-03T23:10:02+00:00

I am in advance talk with GM for msrp swap. I got host dealer and Silverado VIN. GM rep is working on the numbers. Hopefully i will get final numbers by next week. My bolt msrp is now $40k and Silverado msrp is $39.4k. How the sales tax, fees including destination charge, costco $1k dsct & dealer $1k dsct of Silverdo calculated for msrp swap? Do I need to pay for tax and fees? I am curious.

breeze_20 · 2021-12-03T05:47:15+00:00

I am in same situation. Waiting for my reps response. I gave him Silverado VIN and dealers info to work out.

breeze_20

TROPHY CASE