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Old 09-04-2008, 04:13 PM
 
21 posts, read 108,708 times
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I am interested in investing in real estate for rental income. What do you think about the following locations: Chino Hills, Phillips Ranch, or West Covina?

Which of these areas are probably the easiest to find tenants?
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Old 09-04-2008, 04:51 PM
 
Location: South Bay
7,091 posts, read 18,414,084 times
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all of these areas are still experiencing rapid price reductions due to the bust of the real estate bubble last year. unless you can snatch up foreclosures at extremely low prices, most of southern california would be an unwise investment.
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Old 09-04-2008, 06:32 PM
 
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I would say the area around USC

You have the college right there, and the prices should not be that high since apparently people say it is a bad nabe
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Old 09-04-2008, 06:40 PM
 
938 posts, read 3,568,498 times
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Quote:
Originally Posted by NJ Chutzpah View Post
I would say the area around USC

You have the college right there, and the prices should not be that high since apparently people say it is a bad nabe
Yes, there will no doubt be more gentrification/conversion to campus housing with the addition of the Expo Line there, too.

.:: EXPO TRAIN ::.
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Old 09-05-2008, 09:04 AM
 
Location: Hot Springs, AR
5,612 posts, read 13,236,060 times
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Quote:
Originally Posted by johnLCSW View Post
I am interested in investing in real estate for rental income. What do you think about the following locations: Chino Hills, Phillips Ranch, or West Covina?

Which of these areas are probably the easiest to find tenants?
These areas are all desireable to live in. Chino Hills and Philips Ranch are more high end than West Covina but they are all very nice areas.
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