Like Living in Your Home in Santa Rosa, CA? Now's the Time to Buy a Spare!

By
Real Estate Broker/Owner with Sue Carrell & Associates DRE#01386664 MLS#B319655
Take My Advice! How to Make The Perfect Choice for an Investment Property from a Property Manager who rents out single family residences only. There’s probably never been a better time to buy a single family house in Santa Rosa, CA. Consider the following features before you buy: 1. Two or more baths 2. Enclosed yard 3. Updated kitchen 4. Air Conditioning if possible 5. More than 1200 sq ft if possible 6. Good Schools 7. Minimal amt of carpet 8. Odor free 9. Garage 10. Unless you are a contractor, DON’T BUY A FIXER. One other thing: Don’t just look at monthly cash flow. Ask your CPA to do an analysis for you to determine the best price to aim for, and the amount of interest to use as a tax shelter. Expect to keep the rental for at least 4 years before you can expect any appreciation.

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