Santa Clara Property Management - Make owning income property fun and easy!
 | David Krause with NorCal Property Management which is a Santa Clara property management company says that it is still possible to keep positive cash flow on your residential income property, even in today's economic conditions.Even though property values in several regions of Santa Clara County have dropped dramatically such as East San Jose and the Blossom Valley area, there are still other regions of the South Bay that have maintained their property values such as Palo Alto, Saratoga and Los Gatos. One of the major factors influencing property values are foreclosure rates within your immediate area. Whether you like it or not, if your home is within half a mile of a foreclosed home that has similar characteristics to your home, then the value of your home will be affected by this foreclosed property for at least the next six months. Actually, the value of your home is affected by all home sales within half a mile of your home within the past six months, as long as the property is comparable to yours. This is a basic appraisal principle. |
However, property values are almost always more drastically affected in a negative manner by foreclosed homes because the sale is not being done under normal circumstances consisting of a willing buyer and seller.
All is not lost though! NorCal Property Management is a Santa Clara Property Management Company that has been helping savvy investors invest is residential income property throughout Santa Clara County. NorCal Property Management has also helped normal homeowners keep their homes while producing positive cash flow on their properties during these hard economic times.
NorCal Property Management is a Santa Clara County property management company that manages single family homes, townhomes, condos and multi-unit housing up to 11 units. They do this at a price that no other property management company is Santa Clara County can beat, guaranteed!
David Krause
NorCal Property Management
Broker/Owner
DRE Lic#: 01882991
www.rentnorcal.com
(408) 849-9315
david@rentnorcal.com