Good Morning CDuncan. I agree with the previous folks answer in regard to the positive cash flow. Now is a great time to invest, however I do see prices creeping up. I have lived in the Brentwood area since 1968 and my husband since 1951, so we are very familiar with Brentwood . Yes, there are good better and best neighborhoods in Brentwood and thank God we don't have any slums or ghetto areas. I would invest in a middle of the road type house, if you can pick it up for a good price as you will probably get more bang for your buck, however, there is a lot of competition. I talked with another agent the other day that had 36 offers. You just have to make sure you have an agent who is savy in this area. Oakley rents are pretty competitive with Brentwood, however when it comes to selling the house down the road, Oakley typically doesn't keep up with Brentwood. That being said, best of luck to you. Please visit our website at
http://www.prurealty.com/parsonshometeam.com, for up to the minute listings, fed from the MLS. We can be reached by cell at 925 437-3927, if you have further questions or email at ppars2001@sbcglobal.net
- Sun Sep 6 2009, 09:07