@Steve Olafson   if one was in the Bay Area during the 89 quake and the war.. we had a mini melt down in RE prices.. that was basically regionalized.. many don't remember or knew of it.But BAy area prices even on the peninsula  and SF dropped 50%... far worse crash than the 07 to 09 slow down the bay area experienced...

Right now, living in the Bay Area, it seems unrealistic to purchase an owner-occupied cash flow property given the inflated market here (does anyone disagree with that?). 

If I'm not mistaken, Tapan is a member and currently is the coordinator of the club.Last month's meeting was guest speaker Gary DiGrazia from the Bay Area and was discussing probate's.

The situation in SF bay is similar to that in the south - SFR prices are high up and keep soaring.

Hi I"m a foreign investor in US real estate - long term rentals.I"m interested in buying a commercial property in FL Bay county for 320K.I cant find a lender because the amount is too small and I don't have a SSN.I can't do refinance because my properties bought in the 40K-60K range.I have a WF bank account for more then 2 years already.What are my options ???

We have a great downtown area with attractions such as the Dali museum, Tampa Bay Devil Rays, etc.

@Tony Dragoo   I think that is a regional question and a market question.. if you in a non appreciating market and I would describe that as a market that moves 1 to 3% a year if your lucky compared to say SF Bay Area.. then I would not worry about owning .. but if you west coast  upper east coast DC  and other areas were you can get priced out of entry level I would buy first.  

While I would never tolerate negative cashflow, if you have bought in a market like the SF bay area that has strong appreciation cycles, your perception on minimum necessary cashflow profits might differ.

If the expectation in the market is to supply appliances (like for my Bay Area rentals), I need to keep appliances in the house for the next tenant.

If you find any properties in the East Bay, send them over!