how about rental market in Tracy

Hi,

I've been visiting this site daily to learn how to be a landlord. Currently, I am thinking about buying a rental property in SF bay area. Having researched different regions for a while, I felt that Tracy is the best city for me. I only have about $50k for down pay. The median household income in Tracy is 80k, with 40% hispanic, 35% white, 15% asian and 4% black. the median house price is only $250k.I felt that the price and house quality in Tracy is much better than many areas in SF bay area such as Milpitas, san jose, fremont and union city.

Can anyone comment about what is the pro and cons of buying investment property in Tracy compared to other areas in SF Baby Area?

Thanks a lot!

所有跟帖： 

• your $ will go a lot further in Antioch -飞-去-来- ♀ (70 bytes) () 11/16/2011 postreply 16:11:32

• 回复：your $ will go a lot further in Antioch -whatif2007- ♀ (161 bytes) () 11/16/2011 postreply 16:14:54

• I think Tracy is a better option -SR99- ♀ (0 bytes) () 11/16/2011 postreply 16:14:46

• 前年曾去过 Tracy一趟，有个白人女经济不错。看了好几栋房后，跟我们说这儿房价 -清心随缘- ♀ (34 bytes) () 11/16/2011 postreply 16:29:17

• 回复：前年曾去过 Tracy一趟，有个白人女经济不错。看了好几栋房后，跟我们说这儿房价 -whatif2007- ♀ (23 bytes) () 11/16/2011 postreply 16:33:57

• 2005年房价疯长，大家抢着买。后来那些人丢了工作，只好卖房。 -清心随缘- ♀ (0 bytes) () 11/16/2011 postreply 16:55:43

• 有朋友在tracy 买了出租房 -laoyangdelp- ♀ (196 bytes) () 11/16/2011 postreply 16:35:56

• 回复：有朋友在tracy 买了出租房 -whatif2007- ♀ (328 bytes) () 11/16/2011 postreply 16:40:47

• 买 --企鹅-- ♀ (0 bytes) () 11/16/2011 postreply 18:38:29

• you can also consider Mountain House -美西游子- ♀ (156 bytes) () 11/16/2011 postreply 18:44:44

• 地税太高，房价也偏高。目前不是好选择。 -梦咖啡- ♀ (0 bytes) () 11/17/2011 postreply 21:40:33

• Tracy最近不知为啥房价涨起来了，性价比好的房子抢得很厉害，没cash offer没啥优势。 -钱串儿- ♀ (133 bytes) () 11/16/2011 postreply 19:49:25

• 好 --企鹅-- ♀ (0 bytes) () 11/16/2011 postreply 20:23:30

• ：）））） -梦咖啡- ♀ (0 bytes) () 11/17/2011 postreply 21:40:58