San Jose, CA

Otherwise, don't get people down without providing info on how to get back up.In fact, I tell my clients that if the choice is between paying off debt or keeping cash but a higher mortgage balance...KEEP THE CASH and make just the payment you HAVE to, because cash is king.

Originally posted by "king[ny:"]Thanks WheatieThe information/assistance this community provides is priceless.I'm going to view the property next week.

I get the distinct impression that this board fosters that environment unlike other boards I have read.I'm married with small kids and was born and raised in California.

.$650 X 4 = 2600/month= $31,200/year.I'm assuming that 4 plexes in CA have the same (1% +/-) property tax so that's $3K/year.Insurance should be another $1500 or so.That means your GROSS INCOME on your $300K is 8.9%.

Hey daryl,Thats pertty nice do you think you can find anything in CA?

Those rents seem awful low to me for CA.

Cashflow will determine which is best, projected appreciation etc can help you decide but imho cashflow is king!

Hi guys, new here, can't wait to start reading through everything.Question: I'm currently an investor on a 17 unit condo development in Glendale California.

Thought of another question.I've lived in my house for 3 years (California), plan on moving to another house soon and was thinking about renting this one out.