Asked by Luke, San Francisco, CA • Mon Jan 24, 2011
I have about 100k to go towards an investment property in the Bay Area. I live in S.F. and will consider anything in the radius as far north as Stockton, south as San Jose and East as Tracy.
The only problem is I don't know if what I am looking for exists. Ideally I am looking for a home in the 100k-150k range and be able to rent it out for about $1,000 a month Is this Realistic anywhere in the Bay Area? I always hear friends talk about their friend's friends that have bought these homes in the surronding Bay Area
(City names I've heard are: Sacramento, Stockton, San Leandro, San Raphael, Tracy...etc) but I can
never seem to find any of these homes myself. I do have a lot more questions but I figured this is a good starting point to get the conversation going.
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