San Jose Apartment Market Heats Up
Apartment rents in the San Jose, CA area have increased more this spring than at any time since the peak of the tech boom, according to a study by RealFacts of Novato, CA. The average monthly rent in the area was $1,414. Palo Alto was the most expensive city with an average of $1,929/month. A revitalized local economy and rising home prices are among the factors driving the rental market.
1) How long have you been involved in real estate investing? What were some of your jobs before doing real estate full time?
I started looking for Real Estate to invest in about two years ago. I don’t have a lot of money so I needed to find cheap property that could be turned around quickly. Fortunately for me, I found a Realtor willing to work with me in the lower price ranges. That is not easy to do. I also found someone with experience in renovating homes to re-sell. Knowing someone with the knowledge you don’t have or how to find answers to your questions is absolutely necessary.
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