Market Conditions in USA>Question Details

Taza Guru, Home Buyer in Sunnyvale, CA

Where are the best values for rentals?

Asked by Taza Guru, Sunnyvale, CA Wed Nov 30, 2011

I may be opening up a pandora box here - I am wondering where is the best values for rentals. Specifically, if I were to buy a home for say 120k to 140k, where can I collect a lease (12 months or more) for *about* $1,800 per month with reasonably low vacancy factor. Thanks for your help!!

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I have to be honest here, I would be very surprised if there is anywhere that exists that type of a market. I'd love to be proven wrong, but even in a good rental market, I can't imagine a home of about $130K garnering $1800 a month in rent.

But, should someone respond with one, I may be buying one too!

Good luck in your search, the rental market is hot right now for sure.
0 votes Thank Flag Link Wed Nov 30, 2011
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