The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (127805)	6/7/2008 4:13:40 PM
From: Lizzie Tudor	Read Replies (2) of 306849

just a real ball park figure would be that a $800K-$900K house rents for maybe $2400. In fact most 3br/2ba houses which can sell for anywhere from 500K-$1mm in the "burbs" part of santa clara valley (this would be parts of san jose, city of santa clara, etc - NOT palo alto)- pretty much all rent for between $2K-$2500/mo., so the trick is to buy rental property for as cheap as possible while still remaining in a quality neighborhood. Buying here is never a cash flow positive, most RE investors here are buying for appreciation.

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