question for miat42, please. welcome everybody's inputs

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.

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Only an MFH can achieve CF+. So few flipers exist in B.A. -人参公鸡- 给 人参公鸡 发送悄悄话 人参公鸡 的博客首页 (0 bytes) () 07/14/2008 postreply 10:57:40

Yes, you may try MFH in Bay area as an alternative -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 07/14/2008 postreply 11:38:45

Can you rent 5000/month on a 500K house? If answer is No -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (275 bytes) () 07/14/2008 postreply 11:38:03

what kind of property would be like for $150k in Bay Area? -美西游子- 给 美西游子 发送悄悄话 美西游子 的博客首页 (0 bytes) () 07/14/2008 postreply 12:46:50

mobile home: 300K -doro- 给 doro 发送悄悄话 doro 的博客首页 (0 bytes) () 07/14/2008 postreply 13:33:04

you must pay attention to the property tax too -hmo- 给 hmo 发送悄悄话 (36 bytes) () 07/14/2008 postreply 13:13:00

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