There is probably a 10% chance it will be worth LESS in 2020 than you pay and a 40% chance it will be worth between what you pay today and $400,000.I have an investor friend buying homes in Riverside, CA for $50,000 to $60,000 and renting them out for $1,200 a month.

This has been so in the last 18 months here in Riverside County, Calif with average resale amount at $216,000.

San Bernardino County and Riverside County you can see the bills and payment online.

@Dan Wynn I usually subcontract my jobs to save money (also maybe I'm a bit of a control freak lol).However I have heard a lot of good things about Centerbeam Contracting - I've seen several of their recent jobs in Riverside area - top-quality work.

Riverside County California Mentors Input Wanted!

These are the same areas buyers will look at when financing is available so they are the best opportunity for appreciation also (at least in this area).Your comment on I-90 just reminded me that a new 400 million dollar hospital was just announced to be built at Riverside next to I-90.  

My personal goal is to buy as many 3-4 unit properties locally (Pasadena through Riverside) as possible over the next 18-36 months.

Glen, thank you for the response, I will send you a request.

My business partner and I bought a small but really nice town home in a great school district in Glen Allen VA (Richmond).

From my calculations, I would guess $200k - 250 on the upper end, anything less is practically what I pay for SFH Townhomes in Glen Allen ($130-150 for $1200 / month in rent).Am i missing something here?