DIYbanter - View Single Post

wrote:
Abrasha wrote:

Instead of going through all of this, have you considered getting
yourself a better piece of property in a better neighborhood, with
better tenants?

Where you have no need for security fencing and power gates?

*** Indeed. I search constantly. Unfortunately, rental property in
California ( I see you're in SF )
is consistantly priced at the "breakeven" or "zero cash flow" point.

Breaking even isn't bad, especially in San Francisco. And if you do,
you win in the end in capital gains when you sell. Providing an
earthquake doesn't take it all down.

You can even find properties with positive cash flow, you just have to
be patient.

Abrasha
http://www.abrasha.com