Mike’s Real Estate Show

 

Long Term Investment Strategy–Santa Rosa is a good place to be! Take it from this Investment Group

March 8th, 2008 . by Mike Kelly

Flynn Investments, San Francisco investment group, has purchased the remaining 33 homes of the project called, “Streamside”. Here’s the BIG WHY they decided to purchase, for $15,000,000, these Santa Rosa townhomes: “It’s one of the nicest towns in Northern California. It’s close to teh ocean, it’s close to the City (SF),it’s in the Wine Country, it’s got a nice airport, it’s got everything. We probably wouldn’t buy this in Sacramento if the same deal came up.” Thems pretty powerful reasons to own real estate in our county! Mr. Flyn also stated he had no crystal ball, didn’t really know WHEN the market would turn around but feels his values will be preserved over the long haul.  They will be renting the units out and cited a strong rental market as a factor in the purchase. Now if these guys are willing to plunk down $15,000,000, do you feel purchasing your first home has a good chance of of being a stellar invesmtment in the long term? Give me a call if you want to chat about making this market your launching pad for long term financial success. 707-322-8503.

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