Now if you go to an auction in a $100K neighborhood and you expect an investor to pay $50K at the auction and you are the only one there and you can get it for $5K, ignore everything I said and buy it.

I'm not as familiar with the city as many are on here, I've always used other people's knowledge, but you can get a lot of help on these forums as far as best neighborhoods, etc.

This duplex is in a good neighborhood, probably 8 out of 10max.Good (9 out of 10max) K-8 school.In better parts of CA, I think it is hard to get 10 cap.

In my immnediate neighborhood, a 2 br goes for about 700-750/month.

Buying newer homes in nicer neighborhoods gives a much stronger chance for strong appreciation.

Had an old run down school with an acre of blacktop nextto a repair shop we sold.The school sold at city auction for $124, 900 and was rehabbed as a private School for foreign high school students.

Visit the Prudential mall for some shopping and go down Newbury Street.

When it comes to getting rid of neighborhood drug dealers or unsavory activity that affects your investment, I like Rule #15: Always work as a team.For various (often silly) reasons, we shy way from working with neighboring landlords and property owners.

Yea depending on your market, once a property hits a hot listing price, it took spark many investors who shop in the area.

In commercial, industrial properties you may look back 3 or 4 years and adjust values if necessary as and look to other citys hundreds of miles away, for part of the analysis of say a shopping mall.