View Single Post
Old 07-26-2013, 11:20 PM   #1002
godwin
2x Variable Nockenwellen Steuerung
 
Join Date: Oct 2002
Location: N49.2 W122.1
Posts: 6,176
Thanked 1,174 Times in 704 Posts
Failed 67 Times in 51 Posts
Right smacking in SF (Mission District) and Menlo Park. I bought the first one during the dotcom crash, then upgraded later.. the price has been buoying up ever since, not as insane as in Vancouver but I am happy. Rents cover mortgages (nearly done), utilities and taxes + gives me an apartment to stay in SF. Never have problems renting out (at least 3 names on the waitlist every month ever since 2001), infrastructures get upgraded by tenants eg 10Gb Ethernet in each room etc. Nearly all tenants are acquaintances working at the large firms.

I rather deal with US Laws (just hire a lawyer, plenty in BC who specialise in this, not only in Vancouver but Kelowna, Nelson etc etc; 4 signatures a year) than deal with the BS in Northern BC to be honest. Most of the BS cannot be enforced by law or regulations. Good honest help is really hard to find in Northern BC. I am talking from Prince George out west to Prince Rupert.. East to Edmonton. No thanks a gagillion. Just say you have meth'ed out versions Gridlock and Dino being recommended to take care of large developments..

Artists I semi tolerate, with full blown druggies that don't know which day of the week it is.. ugh.

Oh and the high Cdn$ which is forecast to slip with all the commodities hitting low.. as I say.. go South for best returns.

Quote:
Originally Posted by noclue View Post
What part of the bay area you invested in? I've been looking at alameda, oakland(non-ghetto) and San Jose.

If you want to invest but dont want to deal with the hassle of US laws, I recommend northern BC.

Last edited by godwin; 07-27-2013 at 12:32 AM.
godwin is offline   Reply With Quote