How Waiting to Buy a Home Paid Off for This California Family

Biding their time to buy the home of their dreams took some strategic planning.


Caught in the overheated Southern California housing market of 2006, Paolo and Lediya Beltran sought guidance from the Portfolio Doctor (a Kiplinger's feature at the time) on how to buy their first home. Should they take the plunge, even if it meant assuming a staggering mortgage, or save their money and bide their time? They followed the doc's advice and stayed in a rental, where they took on maintenance tasks in exchange for a break on the rent.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Jeffrey R. Kosnett
Senior Editor, Kiplinger's Personal Finance
Kosnett is the editor of Kiplinger's Investing for Income and writes the "Cash in Hand" column for Kiplinger's Personal Finance. He is an income-investing expert who covers bonds, real estate investment trusts, oil and gas income deals, dividend stocks and anything else that pays interest and dividends. He joined Kiplinger in 1981 after six years in newspapers, including the Baltimore Sun. He is a 1976 journalism graduate from the Medill School at Northwestern University and completed an executive program at the Carnegie-Mellon University business school in 1978.