Hey Jonathan,Thanks a bunch.The property is down in Beverly.  

I saw places for rent in Roppongi, Japan (Beverly Hills of Tokyo) for $22,000 a month, when I lived over there several years ago!!!

Beverly,I was more thinking along the lines of Edwin's point of view on this.

Thanks @Beverly Rogers !

@Victor OlowuFor those prices you can buy just about anywhere except Beverly or Hyde Park but the edges of Hyde Park you could.  

I live and work next door in Beverly.  

Trump who claims real estate is an appreciation business, owns this house across the street from the Beverly Hills Hotel.

Louis, MO--IL 54.7% 221 Toledo, OH--MI 54.5% 222 Missoula, MT 54.5% 223 Buffalo, NY 54.3% 224 Dothan, AL 54.3% 225 Oshkosh, WI 54.2% 226 Canton, OH 54.1% 227 Columbia, SC 54.1% 228 Salinas, CA 54.0% 229 Dover, DE 53.8% 230 Eugene, OR 53.7% 231 Mobile, AL 53.6% 232 Sarasota--Bradenton, FL 53.5% 233 La Crosse, WI--MN 53.4% 234 Modesto, CA 53.3% 235 Santa Fe, NM 53.1% 236 Sioux Falls, SD 53.0% 237 Jacksonville, NC 52.9% 238 Santa Maria, CA 52.8% 239 Holland, MI 52.7% 240 Winston-Salem, NC 52.5% 241 Medford, OR 52.3% 242 Terre Haute, IN 52.3% 243 Wheeling, WV--OH 52.3% 244 Allentown, PA--NJ 52.3% 245 Columbia, MO 52.2% 246 Altoona, PA 52.1% 247 Palm Coast--Daytona Beach--Port Orange, FL 52.1% 248 Visalia, CA 52.0% 249 Rapid City, SD 51.8% 250 Lafayette, LA 51.8% 251 Evansville, IN--KY 51.7% 252 Rochester, MN 51.6% 253 Michigan City--La Porte, IN--MI 51.3% 254 Tallahassee, FL 51.2% 255 Fort Walton Beach--Navarre--Wright, FL 50.9% 256 Springfield, IL 50.9% 257 Vacaville, CA 50.6% 258 Salisbury, MD--DE 50.6% 259 Elkhart, IN--MI 50.4% 260 Conroe--The Woodlands, TX 50.0% 261 Virginia Beach, VA 49.6% 262 Saginaw, MI 49.6% 263 Houma, LA 49.2% 264 Lodi, CA 49.1% 265 Lee's Summit, MO 49.1% 266 Akron, OH 49.0% 267 Baltimore, MD 48.9% 268 Columbus, GA--AL 48.9% 269 Pueblo, CO 48.8% 270 Bakersfield, CA 48.7% 271 Sacramento, CA 48.7% 272 Baton Rouge, LA 48.6% 273 Erie, PA 48.5% 274 Montgomery, AL 48.5% 275 Bellingham, WA 48.5% 276 Des Moines, IA 48.3% 277 El Centro--Calexico, CA 48.2% 278 Kenosha, WI--IL 48.1% 279 Chattanooga, TN--GA 47.6% 280 Springfield, MA--CT 47.4% 281 Cleveland, OH 47.4% 282 Spokane, WA 47.3% 283 Albany--Schenectady, NY 47.3% 284 Tucson, AZ 47.1% 285 Providence, RI--MA 47.1% 286 Leominster--Fitchburg, MA 47.0% 287 Longview, TX 46.8% 288 Lafayette--Louisville--Erie, CO 46.8% 289 Olympia--Lacey, WA 46.7% 290 Victoria, TX 46.6% 291 South Bend, IN--MI 46.5% 292 Longmont, CO 46.5% 293 Bowling Green, KY 46.4% 294 Nashua, NH--MA 46.2% 295 Murrieta--Temecula--Menifee, CA 46.2% 296 Kennewick--Pasco, WA 46.1% 297 DeKalb, IL 46.1% 298 Roanoke, VA 46.1% 299 Hanover, PA 46.0% 300 Simi Valley, CA 45.9% 301 Florence, SC 45.6% 302 Alton, IL--MO 45.5% 303 Decatur, AL 45.4% 304 Boston, MA--NH--RI 45.2% 305 Fairfield, CA 45.2% 306 Lancaster--Palmdale, CA 45.0% 307 Albany, GA 45.0% 308 Texarkana--Texarkana, TX--AR 44.9% 309 Rochester, NY 44.8% 310 Binghamton, NY--PA 44.8% 311 Riverside--San Bernardino, CA 44.7% 312 Topeka, KS 44.6% 313 Bend, OR 44.6% 314 Worcester, MA--CT 44.2% 315 Fayetteville, NC 44.1% 316 Santa Rosa, CA 44.1% 317 Homosassa Springs--Beverly Hills--Citrus Springs, FL 44.0% 318 Albuquerque, NM 43.9% 319 Panama City, FL 43.9% 320 Chicago, IL--IN 43.8% 321 Flagstaff, AZ 43.6% 322 Rockford, IL 43.5% 323 Shreveport, LA 43.5% 324 Philadelphia, PA--NJ--DE--MD 43.5% 325 Lebanon, PA 43.4% 326 Kingsport, TN--VA 43.2% 327 Mauldin--Simpsonville, SC 43.1% 328 Asheville, NC 42.8% 329 Washington, DC--VA--MD 42.7% 330 Iowa City, IA 42.4% 331 Victorville--Hesperia, CA 42.4% 332 Hartford, CT 42.3% 333 Huntsville, AL 41.9% 334 Cedar Rapids, IA 41.9% 335 Manteca, CA 41.7% 336 Las Cruces, NM 41.2% 337 Anchorage, AK 41.0% 338 Napa, CA 40.4% 339 Vineland, NJ 39.8% 340 Dubuque, IA--IL 39.7% 341 Killeen, TX 39.5% 342 Porterville, CA 39.3% 343 San Diego, CA 39.0% 344 Danbury, CT--NY 39.0% 345 Reading, PA 38.9% 346 Elizabethtown--Radcliff, KY 38.5% 347 Lorain--Elyria, OH 38.4% 348 Indio--Cathedral City, CA 38.3% 349 Barnstable Town, MA 38.2% 350 Yuba City, CA 38.0% 351 Yuma, AZ--CA 38.0% 352 Battle Creek, MI 37.6% 353 Fredericksburg, VA 36.9% 354 Merced, CA 36.8% 355 New Haven, CT 36.2% 356 Ocala, FL 35.9% 357 Vallejo, CA 35.1% 358 Hilton Head Island, SC 34.9% 359 Oxnard, CA 34.9% 360 New Bedford, MA 34.9% 361 Los Angeles--Long Beach--Anaheim, CA 34.7% 362 Hickory, NC 34.6% 363 Sebastian--Vero Beach South--Florida Ridge, FL 33.7% 364 Aberdeen--Bel Air South--Bel Air North, MD 33.5% 365 New York--Newark, NY--NJ--CT 33.5% 366 Santa Clarita, CA 33.2% 367 Pottstown, PA 33.1% 368 Kankakee, IL 33.0% 369 Peoria, IL 32.2% 370 Boulder, CO 31.2% 371 Casper, WY 30.6% 372 Norwich--New London, CT--RI 30.6% 373 Harrisonburg, VA 30.5% 374 Chico, CA 30.1% 375 Utica, NY 29.8% 376 Monroe, LA 29.6% 377 Urban Honolulu, HI 29.0% 378 Davis, CA 28.6% 379 Pocatello, ID 28.6% 380 Seaside--Monterey, CA 28.5% 381 Carbondale, IL 28.5% 382 Valdosta, GA 27.8% 383 Waterbury, CT 27.7% 384 San Francisco--Oakland, CA 27.6% 385 Poughkeepsie--Newburgh, NY--NJ 27.4% 386 Trenton, NJ 27.1% 387 Gilroy--Morgan Hill, CA 25.2% 388 Bridgeport--Stamford, CT--NY 24.3% 389 Atlantic City, NJ 21.8% 390 Myrtle Beach--Socastee, SC--NC 19.8% 391 Thousand Oaks, CA 19.2% 392 San Jose, CA 17.8% 393 Hattiesburg, MS 16.6% 394 Mission Viejo--Lake Forest--San Clemente, CA 15.5% 395 Mandeville--Covington, LA 14.6% 396 Westminster--Eldersburg, MD 13.9% 397 Concord, CA 13.6% 398 Williamsburg, VA 9.9% 399 Santa Cruz, CA 6.2% 400 Santa Barbara, CA 0.0%

I work in the hospitality industry in Beverly Hills and make a lot more than the average service position would make in other parts of the country.

I recently started real estate investing and bought my first rental property in Beverly Hills, Michigan.