I understand how important it is for landlord to keep his positive cash flow. my question for you is how. RE market like today's in Bay Area, would you buy any properties priced $500K or above as rental/investment properties? What is your thoughts how economy (mortgage/credit crisis) will affect RE market? your sharing would be much appreciated.
question for miat42, please. welcome everybody's inputs
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Only an MFH can achieve CF+. So few flipers exist in B.A.
-人参公鸡-
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07/14/2008 postreply
10:57:40
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Yes, you may try MFH in Bay area as an alternative
-miat42-
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07/14/2008 postreply
11:38:45
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Can you rent 5000/month on a 500K house? If answer is No
-miat42-
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07/14/2008 postreply
11:38:03
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what kind of property would be like for $150k in Bay Area?
-美西游子-
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07/14/2008 postreply
12:46:50
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mobile home: 300K
-doro-
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07/14/2008 postreply
13:33:04
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you must pay attention to the property tax too
-hmo-
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07/14/2008 postreply
13:13:00