The best way to fish is with someone who knows the waters. The best way to hunt is with someone who knows the land. The best way to find good Real Estate is to work with someone who knows the market.
Be as smart as you sound and find an Agent in this market to work with.
Thanks for the response.
Am looking for something safe and secure (capital protection) and income generating. Usually, as a buyer I just look from bottom up (price) in those areas, hopefully get some gems at superb low price in good areas. As you experts always say, "Location". If this helps. Price start with under
No luxury, just desirable for any ordinary folk.
I guess from the bottom up approach, we will get the best ROI.
Least problems - would it be students or working adults?
Please, do give me a listing for consideration. Thank U in advance.
What is your desired price range and rate of return expectations?
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In the Los Angeles area you can expect to achieve gross yields of 8% to 12%. Purchase price to rental price has perhaps never been more attractive coupled with historically low interest rates, this is indeed a very smart time to put together a portfolio of rental homes.
I have worked successfully with Shannon Chang 626-319-8545, she is knowledgeable, tireless, persistent and very pleasant to work with. You best bet is to contact her, or someone like her and have a detailed conversation about what you are looking for. Otherwise its like shooting at an elephant with a pea shooter.
Keller Williams Realty