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1
treehugger
2013 May 7, 11:26pm
I am also interested in Roberto's comments and the opinion of any other experienced real estate investor.
2
Odbrush
2013 May 8, 3:29am
Both analysis sound plauasable to me. But they are polar opposites. Im in he east bay and the artificial low inventory is deplorable. There are alot of manmade factors supporting this rally. Is this the new normal? The one fact that both opinions agree on is timing. So under these circumstances, how long can this go on for? Only two more years? Why not decades like Japan?
I would appreciate hearing your thoughts concerning my rental in Benicia, CA:
>leased for $1800/month (current rents 2000/2300 month)
>I’m netting $1200 month
>3/2 in Southampton area, walking distance to the best school, attracts good tenants, house in nice shape, easy to manage
> the high for this house during the bubble in 2005 was ~550K
>my house is comparable to 510 Buckeye Ct. which just sold for 405K on 4/17/13
>There is no inventory for 3bd/2ba, just 1 that came on the market 5/2 the rest are in escrow
1. Do you think this property has upside over the next 1-2 years?
2. What do you think about property values in Benicia over the next 10 years?
Thank you!
#housing