Real estate blog entries tagged with downtown san jose by Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)

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downtown san jose: The Google Bump and Downtown San Jose Real Estate - 01/21/18 09:27 AM

In the Fall of 2014 one of my San Jose rental property investor clients needed to do a 1031 exchange for about 1.5 million dollars worth of property. She needed to replace about $60,000 in net income. We were faced with the following conditions:
1.Even 2014 finding a 4% CAP rate in the Silicon Valley was not easy on the Peninsula
2. Finding newer construction which would help keep the repair costs down and CAP rate up was very difficult outside of Downtown San Jose.
3. While inventory was low in places close to the employment centers in Santa Clara/San Mateo counties there were 90 … (0 comments)

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