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Moving to San Jose...

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Old 07-02-2008, 01:35 PM
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Old 07-02-2008, 01:45 PM
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yum popcorn
Old 07-02-2008, 02:30 PM
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Getting kinda thirsty after eating all that salty popcorn....bring out the Duff beer!!!
Old 07-02-2008, 02:34 PM
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Originally Posted by K2Rhiro255,Jul 2 2008, 09:45 AM
What's wrong with the area? I don't see any problems.

Actually if OP is looking for reasonable place to rent, Sunnyvale would be good. Actually where I live is pretty reasonable.
Avoid Sunnyvale @ all cost. They got this ghetto Japanese guy driving out a pimped out Benz. Look out for him....haha. j/k


Sup Hiro!
Old 07-02-2008, 03:04 PM
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Originally Posted by psukim,Jun 25 2008, 09:31 PM
Hey guys..

I am planning on relocating to the San Jose area next month for a job. I know the cost of living is insane here, and trying to get a feel for the area before I move down.

My questions is....which surrounding area is best to live/commute from? I'll be working in Cupertino, and I'd like to have a 10-30 minute commute (at the most), suburban environment, while paying $400-600 in rent. Obviously, I'll probably have to find a roommate or a house renting out a room, but other things considered, which area is the best value?

Places I'm researching so far...Sunnyvale, Saratoga, Campbell...

Any recommendations?
You are not going to get good value in that area simply because of the real estate is so expensive there. Here's the MO: What $400-$600/month will give you is a room in a crappy house with 5 other roommates working blue-collar jobs (Quiznos, Starbucks) going to school AND/OR 2 indian families. The owner of the property couldn't dump the house in 06, so he is trying to maximize the amount of revenue from rental. The owner would not live there. Think slumlord.

I'm living in a great suburban neighborhood in Milpitas because of the VALUE. It's only 10 miles away from Sunnyvale/Cupertino, a nice commute on 280.

Anyways, craigslist has been giving people great success. I would use that to find a rental property.
Old 07-03-2008, 06:30 AM
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Originally Posted by AsianQing,Jul 2 2008, 03:30 PM
Getting kinda thirsty after eating all that salty popcorn....bring out the Duff beer!!!
Old 07-03-2008, 08:05 AM
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Thanks Sandy.

So the next real question: Can you live comfortably with $300,000....LOL.

I bet you I can.
Old 07-03-2008, 08:19 AM
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Originally Posted by AsianQing,Jul 3 2008, 09:05 AM
Thanks Sandy.

So the next real question: Can you live comfortably with $300,000....LOL.

I bet you I can.
Let me tell you, it's tougher then you think.
Old 07-03-2008, 11:10 AM
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You bawler!!!
Old 07-05-2008, 09:55 AM
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if you are a single person making 200k/year your paycheck breakdown would look a little like this, assuming you are maxing out 401k and your company doesn't contribute:

Annual Gross Pay $200,000.00
Federal Withholding $44,837.00
Social Security $6,324.00
Medicare $2,675.25
California $14,636.88
CA SDI $693.58
401k $15,500.00
Net Pay $115,333.29

that leaves you with a paycheck of a little less than 10k/month. that's a good chunk of money and if you already have enough saved up to make the down payment, paying for mortgage should be a breeze. but uh, how many of us are making 200k/year? also keep in mind that most people who are out to buy a SFH already have a family, and hopefully, dual-income.

now, buying a million dollar home when your gross income is 100k and you've just started working.. that one might be a bit of a stretch.
Don't you get a tax break from TAX, and mortgage Interest so your NET should be more????


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