Quote:
Originally Posted by t walgamuth
I have 500 SF one bedrooms which i rent for $700/ mo. They are pretty nice with washers dryers and central air in a historic building with a good location. Thats about the top of the market for something here. Right next to campus would no doubt be more.
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That's actually pretty high for Indiana, or so it would seem.
I'm looking at a short-sale investment condo in San Diego (read: accepted offer waiting for short approval) -- 600 sf 1 bdr in a stable complex with ample reserves and low-ish carrying charges. Going rent seems to be about $900-1000/mo at most. Enough to cash flow after mortgage and expenses, actually, but not as high as could be expected for a decent location about 10 min from the beach cities.