What Would You Buy? by Norma Toering

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

Clients frequently ask me, "What would you buy, Norma?"  so here goes:

$100,000 Budget: A rental single family house within a two-hour drive.

$250,000 Budget:  A second home in the mountains or desert--prices are down and deals abound.

$500,000 Budget:  A four-plex with positive cash flow in an up and coming area.

$1,000,000 Budget: A fixer single family home with a killer view.

If I won the lottery:  Forget the fixer, I'd go for unforgettable view and one-of-a-kind architecture.

 

If you would like to check out the choices available to you contact Norma Toering & Team and we can discuss the best choice for your budget.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


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Rainer
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Casey Wright
WingWire - San Diego, CA

Quick and to the point. Good post. 

Apr 16, 2009 10:31 AM #1
Ambassador
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Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Thanks Casey.  Quick and to the point is often best. 

Apr 16, 2009 10:35 AM #2
Rainmaker
218,886
Sally Dunbar
Lyon Real Estate, Fair Oaks CA (Sacramento Area) - Fair Oaks, CA
Fair Oaks Realtor - Fair Oaks Homes for Sale

Norma, what about your tango trip to Patagonia?  Add that with the $5,000 budget!

Apr 16, 2009 10:38 AM #3
Ambassador
1,584,311
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Sally, the tango trip is still on the table--but these are real estate budgets--not my exotic vacations--those I will never give up.

Apr 16, 2009 10:40 AM #4
Rainmaker
125,779
Susan Peters
Dove Realty Inc. - Seattle, WA
The Better it Looks the Better it Sells

Hi Norma,

This really got me to thinking and it's a great icebreaker when you meet potential clients. The really neat part is now you can actually find something under 100k.

Apr 16, 2009 04:27 PM #5
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Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Susan -- The $100k buy is still a stretch in my area, but the inland areas have some great buys on single family homes.  I have an offer in on a cute little foreclosure for $135,000 in Perris, CA.  That's an hour and a half away.

Apr 17, 2009 03:50 AM #6
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