Real Estate Help Wanted
I am thinking of getting my first rental as prices here have fallen to the point where I think I may be able to pick up a place and actually break even or maybe a little better each month. I am in the North Bay area in California, I see a 3/2 condo that according to propertyshark went for 240k at one time, now it's less than 150k. It's less than the couple of 2/2 baths for sale in the same complex. 3 bedroom apt's are renting for 1000 -1200 per month.
Taxes are killing me, I need some relief. A couple of questions? where can I get the best loan rate? Is DITEK any good? How can I find a RE agent that is really up on digging in this market? My Father In law is an agent in Las Vegas, he will send referal & give us referal $ back, I just don't know who to send referal to. any advice for me? thanks for your .2
LOKI