Some good news……Ryan Ratcliff of the UCLA Anderson Forecast advises that if any area is headed for recovery it is San Diego’s. San Diego was one of the first areas to experience a downturn, should be the first to recover as well.
Here is a link to the article from SignOnSanDiego.com - Housing Market Blues
Income property has once again become “Income property”.
There are many small income properties available in the area. Prices here have declined over 50% since the peak of the market late 2005/early 2007.
It’s possible to obtain some great apartment financing. 25% down payment and interest rates at 6% or slightly below.
Cap Rate is an investment tool for analysis that enables an investor to compare one investment to another.
Cap Rate is the best tool for determining the value of an income property.
Some of the most outrageous episodes in property ownership that the owners lived to tell about.
Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com