This duplex is in a good neighborhood, probably 8 out of 10max.Good (9 out of 10max) K-8 school.In better parts of CA, I think it is hard to get 10 cap.

The ones I have seen are really not my style.

In my immnediate neighborhood, a 2 br goes for about 700-750/month.

I had a thought of put together a "bank" that does secured loans to my properties and HM style loans with extra cash.

Buying newer homes in nicer neighborhoods gives a much stronger chance for strong appreciation.

I live in an 1920s mini CA Tudor style stucco house.

When it comes to getting rid of neighborhood drug dealers or unsavory activity that affects your investment, I like Rule #15: Always work as a team.For various (often silly) reasons, we shy way from working with neighboring landlords and property owners.

Styles of buildings that can set a theme for an area, design and functionality.Springfield has over 60 miles of new bike paths planned and about the same of existing paths and lanes.

So the entry level OO buyer and the move-up OO buyer is paying more this month than 6 months ago in many neighborhoods where I am.It looks to me like this could go on for a long time.

I've got 2 sales pending for clients right now that fit into that 2% category, a duplex pending for about 70% of list after only 3 weeks on the market (because the listing agent screwed up on pretty much all the numbers, and everyone else is apparently waiting for him to drop the price before they submit an offer), and a SFR listed at $279,900 -- the only house for sale in a super-desirable little neighborhood of 36 homes -- we now have pending for $195K, but only because we were intimately familiar with and helped shape the story.As an agent, Yes it's my job to get my clients the properties they want, but it's also my job to avoid wasting ridiculous amounts of theirs and my own time chasing no-chance deals.