Now the question is

for investment property, should we buy in the worst area, which has the most drop therefore can make positive cash flow or in a relatively good area which can just break even or loss $1000 the first year.

I think it all comes down to what kind of tenant you are willing to or can handle. For example, Richmond's Iron triangle now is so affordable (dropped 70% to $100/sq), if rent, definitely positive cash flow. But do you want to bring a gun to collect rent? Or evict your tenant every other months?

My friend bought a few there. We'll see how her experience is a year from now.:-)

所有跟帖： 

• Suggestion To You 回复：Now the question is -长矛- ♂ (134 bytes) () 11/09/2008 postreply 10:58:48

• how long have you had a property there? -laoyangdelp- ♀ (28 bytes) () 11/09/2008 postreply 11:00:29

• 回复：how long have you had a property there? -长矛- ♂ (60 bytes) () 11/09/2008 postreply 11:05:06

• :-） -laoyangdelp- ♀ (0 bytes) () 11/09/2008 postreply 11:12:24

• why don't buy condo in mid neighbor ? condo there -niy38- ♀ (39 bytes) () 11/09/2008 postreply 12:02:52