Great to hear you're friends are making their first move into real estate. I noticed you invest in the San Jose area. With homes ranging from as little as 60K and of course all the way up into the millions are there no opportunities that fit their needs? We work with a large litigation firm that represents clients through out the state and we've seen that there always opportunities in the market (especially yours). We work a lot in that area so if there is any way to help I'd be more than happy to set up a conference call to chat even if it's just to discuss some of the options that might be out there for them to work with. Just the time in the commute and the gas saved is worth being close to work.
Hey Joey, anything north of San Jose on the peninsula side will be expensive. Alameda county is fairly priced, with the exception of Fremont, which is getting more and more expensive. Morgan Hill/Gilroy and farther south Hollister (which is at the one hour commute mark) are definitely more affordable.
If you/your friend has any questions, please feel free to ask.
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