We are in a hot seller's market, particularly here in the Bay Area.
If you were going to buy investment property today, where would you do it? Are there any cities left in Nor Cal today with 9% or 10% cap rates?
I just sold a rental in the East Bay that had a cap rate of about 5%. It simply wasn't bringing in enough money to deal with the hassles of being an active landlord.
Hi guys,
We are in a hot seller's market, particularly here in the Bay Area.
If you were going to buy investment property today, where would you do it? Are there any cities left in Nor Cal today with 9% or 10% cap rates?
I just sold a rental in the East Bay that had a cap rate of about 5%. It simply wasn't bringing in enough money to deal with the hassles of being an active landlord.
Let me know what you guys think, thank you.
#housing