Home Buying in 94403>Question Details

Josh Hohman, Real Estate Pro in Danville, CA

Where are you seeing the best investment opportunities on the Peninsula (San Francisco Bay Area) for small single-family homes 300k-600k?

Asked by Josh Hohman, Danville, CA Wed Jan 18, 2012

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In my opinion you can find SF homes within the price you specified in Redwood City (lower parts of RWC), Daly City, Brisbane, East Palo Alto, and Shoreview in San Mateo
You can also try short sales as well as I have seen some of them that are being sold within this price range
0 votes Thank Flag Link Thu Apr 12, 2012
Thanks for all the responses! Looking through http://www.Rentometer.com/ gave me enough to make a more intelligent google search, and I found the data I needed. I appreciate all of your responses.

-Josh
0 votes Thank Flag Link Thu Jan 19, 2012
Good Morning William,
I would focus on single family homes in the Fair Oaks area of Redwood City, more specifically in the Avenues of that area. As you know, the $300's are gone unless you're buying on the county court steps but there are some low $400's still available. With the new Stanford Medical complex by US101 in that area making rentals tough to come by at any price not to mention the expansion of Silicon Valley coming north. I would canvas that area for REO's. Be diligent, something will come up!

If you have a client that needs help in this area give me a call, I work with referrals all the time.
Always the best,
Michael
0 votes Thank Flag Link Thu Jan 19, 2012
Definitely East San Mateo (Shore View, Park Side, The Village), Belmont (believe it or not), Redwood City, and there are actually some under-valued condos on the market in Foster City (due to an assessment issue). Daly City has a ton of cheap ones too, but I'm not terribly familiar with the strength of the rental market up there.Has also seen some good ones pop up in Western San Bruno.

Hope that helps.
Web Reference: http://www.BelmontAgent.com
0 votes Thank Flag Link Wed Jan 18, 2012
I'm real estate broker in Orlando, FL
Visit http://www.Rentometer.com and you'll get an idea what are rents in your specif area of interest.
This will help you decide where to invest...

Happy Investing!

http://www.JMUGHAL.com
0 votes Thank Flag Link Wed Jan 18, 2012
Hello William,

If you are looking for good rentals, I would say SSF, San Bruno and San Mateo. Prior to 2007, it was very difficult or next to impossible to purchase a SFH on the Peninsula and be able to rent it out for your mortgage payment.

With declining values coupled with the low cost of money, there are some good oportunities out there.

Cheers!

Tap
0 votes Thank Flag Link Wed Jan 18, 2012
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