Updated almost 10 years ago on . Most recent reply
Deal in SF Bayarea, not sure to pull the trigger
Hello All,
I am a new investor and I found a property I am interested in. I wanted to get your expert advice before jumping in.
The home is in an up and coming area in the San Francisco Bayarea, close to public transportation however the area in a very ruff part of town with a lots of crime.
The home is asking for 425K with a rental of income of $2900 a month (I think this is rent controlled and the tenant is currently living there)
What other factors should I consider before jumping in? The bayarea has been on fire and I know this is expensive but at the same time the math seems to check out.
Thanks