Cheaper Housing Locations

[Mathios Yonan]

Does anyone know a few markets where the cash flow is decent but the purchase price is low? I live in San Diego and it's practically impossible to get a good ROI.

[Dan H.]

Quote from @Mathios Yonan:

Does anyone know a few markets where the cash flow is decent but the purchase price is low? I live in San Diego and it's practically impossible to get a good ROI.

 >I live in San Diego and it's practically impossible to get a good ROI.

This statement is very incorrect.  Case Shiller shows San Diego to be #3 in nation for total return since 2000.  Neighborhoodscout shows San Diego to be 10/10 in appreciation this century.  I challenge you to find and post a single reputable reference that does not show San Diego to have historically produced outstanding returns for a modest length hold.  

Some easily verified facts:

- San Diego appreciation has been great 

- San Diego rent growth has been great

- prop 13 protects against exorbitant property tax increases

- San Diego has one of the lowest eviction rates in the country

- San Diego has one of the lowest delinquent rent rates in the country

- San Diego has a very low vacancy rate

- historically for long holds, San Diego has produced near top in nation return.  

I challenge you to find a legitimate source that any of the above statements are not accurate. I will word your statement to be historically more accurate: it has been historically difficult to not get a good ROI.

best wishes