This blog forum is for the discussion of real estate as an investment and as a place to call home. The home that you own is an investment as is the shopping center investment or the rental apartment building. All topics of real estate to further wealth building and wonderful living are open to discussion. The more diverse the better. Please try to challenge us.
Wednesday, October 24, 2007
Fourplex San Jose for Sale
We are tracking a fourplex in San Jose that is a good value. It is offered at $695,000 for two 2 bedroom units and two 1 bedroom units with $52,000 in annual rental income. Total loans on the property are over $800,000 so obviously this is a short sale. The neighborhood is a bit rough and will require an experienced owner or a good property management company. If interested, give me a call right away.
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