The Investors have figured it out...

By
Real Estate Agent with The Beeson Group, Inc. BRE #01869345

Moreno Valley is the place to be.  Nice rental properties are ripe for the picking at $60-$80 per square foot in today's market. 

There hasn't been a better time in years and the investors are lining up for the positive cash flow. They are literally coming out of the wood work right now... get it while it's hot!

 

                                                                                                                                                      

Posted by

Comments (3)

Debbie Atwood
Century 21 Real Estate Center Everett, WA - Everett, WA
Real Estate Broker

Wow!  $60 to $80 per sq ft!  That sounds like an investment property to me!

Sep 06, 2010 07:46 PM
Cory & Michelle Beeson - (951) 526-8298 Serving the entire Temecula Valley
The Beeson Group, Inc. - Temecula, CA
Top 1% of Realtors Nationwide

Yeah, it's an amazing time right now.  Sales prices have dropped by $200%+ in many areas out here.  Prices and rates are down and the rents are holding fairly steady.  Lots of things are pointing in the right direction out this way and word is getting out.

By the way, I see you are from Everett.  There is some great wrestling out your way, my boys tangled with a few of Everett's boys that were tough as nails over the years at regional and national tournaments.  They run a very good program up there.  :)

Sep 06, 2010 08:02 PM
Jane Pacheco
Pacheco Realty & Financial Services - Fremont, CA

I smell another boom coming. Good luck to you!

 

Jane Pacheco

Sep 06, 2010 09:05 PM