Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

397
Posts
90
Votes
Jane A.
  • Investor
  • Shawnee Mission, KS
90
Votes |
397
Posts

Laguna Beach, CA

Jane A.
  • Investor
  • Shawnee Mission, KS
Posted
Hello BP experts. Please advise me if I am right or wrong. My relatives live in the Orange County renting a condo for 2K. They love Laguna Beach and getting very serious about buying a property there with a view. The cheapest condo with a view and walking distance to Montage hotel park is about 500K to buy or 2300 to rent. For me it is clear that to rent is much better than to buy in this situation when I think RE market in CA is near the top. Morgage payments are 4+K, rent is 2+, plus risk of RE market correction. What do you think?

Loading replies...