I put an investor in a house in Hemet in July for 130,000. He's getting $425 a month positive cash flow. .... RE continues to be a great long-term investment, Hemet, California, you say?
Let me know when you have property for sale in some place where people actually want to live and where they are not risking heat stroke when they walk their dog. I might buy something from you.
If you have something in San Diego County west of Santee that generates a positive rental cash flow, let me know and I will buy a second San Diego County property.
Hemet and Victor Valley are low end of the market. I have people paying cash (even though I don't recommend it). 4 bedroom under 140,000.
There's thousands of people in Hemet. My dad lived there for 10 years. Lot's of seniors because of the prices and small town. Now it's become a city with families and housing tracts.
I wouldn't live there unless I had no easy alternative, but it's a very active market right now.
I'll freep mail you about the other.