1, the acquisition of real estate in California how much transaction and management costs?

If you use the cash to buy real estate, transaction costs for the purchase of a house price of about 0.5 - 1%. Including housing quality inspection fees, property transactions service charges, city and county where the real estate deed registration fees, taxes, house fire insurance. Such as the use of loans, the transaction fee in the price of 1 - about 1.5%, which increased the home appraisal fee, loan companies service charges, transaction documents notary fees.

House types are divided into separate rooms (Single House), the city even row houses (Townhouse) and Apartment (Condo).. Key management and maintenance costs include:
Annual real estate tax (according to the Government's annual valuation of houses 1 - 1.5%), residential property management fees (100 - 400 dollars / month, it will include housing outside garden greenery, routine maintenance of housing, community health center services, fire insurance, etc.)), independent house fire insurance, patio maintenance fees. 80% of the open house will be no independent residential property management fees.

For example, you buy one of 50 million dollars in cash payments independent rooms, each year the various cost estimates are as follows;

Property taxes 50 million times the average rate of 1.25% = 6250 dollars, fire insurance 700 dollars / year, maintenance costs 100 USD / month, the total annual cost of about $ 8,000 or so.

(2) What are currently in the San Francisco Bay Area city of choice for the best real estate investment, the return rate how?

According to housing prices and rental rates, and market analysis and comparison, I think the key consideration in the Greater Bay Area can be an investment house City are as follows:

Alameda County: Fremont, Union City, Newark, San Leandro, San Lorenzo, Hayward, Oakland, Livermore.

Contra Casta County: Concord, Antioch, Pittsburg, Oakley, Brentwood, Discover Bay.
San Joaquin County: Tracy, Mountain House, Manteca, Stockton.

ROI is estimated as follows;

If you buy a year in Tracy City $ 300,000 separate rooms (4 bedrooms 3 bath 2 garages 2000 ft 5000 ft courtyard built in 2000) into 150,000 down payment loans 150,000 monthly 700 yuan, estate tax 300 yuan / month, insurance and maintenance costs 100 yuan / month, the total monthly payment of 1,100 dollars. You can rent by the local market rent $ 2,000 / month, annual cash income is:

(2000-1100) by 12 months = 10,800 USD / year

Year ROI: 10800 annual income in addition to 150.000 Initial = 7.2%

Currently investing in real estate in the Bay Area average rate of return of 6 - 8%. Meanwhile in the next 5 - 10 years can predict the Bay Area real estate will be 50-60% average increase in value. So now is definitely the investment Admission to a lifetime golden opportunity!

3 How to find professional integrity, customer-oriented real estate brokers and helps rental property management?

This is what our customers expect to invest in real estate the most common problem, we "California APL loan companies" can provide you with:

Find room showings, market analysis, qualification, loan application, in English
translation, contract deals, renovation services with finding renters, rental management, airport transfers, car selling cars and other train professional services!