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In My Neighborhood in Burlingame : Real Estate Advice

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  • Home Buying21
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Activity 1
Fri Aug 12, 2011
Herb Schmulewicz answered:
Good question. The properties in Burlingame tend to run a but higher then Millbrae; however, the question is a little tricky, as I would think you are interested in net profit or appreciation over some period of time, and that would determined by your original purchase price.

All things being equal, a 10% gain on a $2,000,000 homes is greater then a 10% gain on a $1,000,000, right?

The catch; however, is how and what you do with the gain. If you were just selling, and walking away with your profit, great.

Millbrae and Burlingame are both great.
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