We had a two bidding wars that wound up leading to the potential buyers asking for ridiculous contingencies, and the third time was charm.

Purchase price: $520,000 Cash invested: $200,000 Sale price: $1,149,999 The property is in the historic district of Pasadena its a Spanish style home with lots of charm and it has a really good size lot.

The economic struggles of the city will suppress home values and rents for the foreseeable future.

This could ultimately suppress investment returns in those other areas for newer investments, but inflate returns for assets already owned. 

Works like a charm.

I also recommend that you attend the monthly BP meetup in Tokyo, hosted by the charming and accomplished @Matthew Pinkston. 

Worked like a charm for me ;)

The home has been rebuilt from the brick walls out, while retaining the historic charm.

It is full of charm and character with open concept, original hardwood floors and high ceilings, but also with lots of modern finishings.

Berrios artificially suppressed commercial property values and over-valued residential.