Just stopping in to say hi to anyone else down in the Rio Grande Valley.

For homeowners in hot markets like Silicon Valley who bought either long ago or in 2009-10, they may be sitting on paper gains that can be in the millions of dollars.

If it's in the Southwest (Spring Valley, maybe?)

PS I was faced with this same dilemma in 1991 in Palo Alto  keep my house and accept 300 negative.. that had limited equity.. and because we were in an economic trough I got to buy up in the Napa valley a distressed property by doing an assumption for literally 5k down LOL  that was a home run.. but that house that I decided I could not hack the 300 negative and sold for a little under 500k within 7 years was worth 1 million and today its worth 3 million..

How is the rehab scene in centrally valley - it looks like cash flow is almost non existent ?

We are finding discounted properties in the Treasure Valley.

I do live near the Perris and Moreno Valley area of southern California.  

(Particularly in Mid-Hudson Valley of NY if that makes a difference for licensing, etc.)I don’t want to cross any boundaries with my first post, but I’m trying to gain a foundation of knowledge to help my family unload some inherited land.

Wears Valley

Midvale, West Valley, South Salt Lake, anything close to Trax Lines (Mass Transit) are going to be better for renting.