Should I buy a new house in Mountain House, ca?

Question

I'm thinking to buy a new single family house in mountain house as an investment property. The builder is giving out huge incentive and the price is much cheaper than the houses in SF bay. Just wondering if it'll be right timing to do this especially mountain house is a brand new town. Will I be able to rent it out? Thanks!!

Can people who is familiar with the area mountain house, ca or who live near the area (like Tracy, Livermore, etc.) answer this question for me?

Answer 1

i LIVE IN BRENTWOOD. NOT VERY FAR FROM MT. HOUSE. IT USED TO BE MOSTLY FIELDS AND A DAIRY IN THAT AREA BUT IS REALLY GROWING NOW. TO MUCH IF YOU ASK ME. THE PRICES OF COURSE WILL BE ALOT CHEAPER THAN THE S.F. AREA. THE RATE THINGS ARE GOING IN THIS AREA, RENTING IT OUT WOULD PROBABLY BE OK. YOU WON'T GET ANY WHERE NEAR THE S.F. RENT THOUGH.

Answer 2

Living In Mountain House Ca

Answer 3

Hello, I do not live in Mountain House, CA - but wanted to answer (hope that is ok). The way homes are going, and being a broker, and dealing with homes in Calif, I would say that this would be a very good investment on your part. Cities are growing up so fast, that ppl are wanting to leave, and move out of the "rat race", to a place that is not as crowded. And a way to rent it out is check with local hospitals, and put up a notice on their bulletin board - there are always hospital workers needing a place to rent, and the income is steady. Just an idea.

Good luck to you.

Answer 4

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Answer 5

I wouldn't choose Mountain House. In my opinion it's a cold, sterile development with cookie cutter houses packed too close together and it's too far away from work and shopping. I also would never choose a community with an HOA especially not one with dues. While it will be hard not to find a neighborhood without cookie cutter houses I would place a higher value on homes with larger yards and closer to where you work and shop.

Answer 6

My wife and I just bought a townhouse in Cambrdige Plae and love it. It's much larger than the ones we looked at in Dublin and considerably less money. We also like the fact that there aren't that many people out there. It's still a quiet place to live. The creek is great for walks after work. We bought a Pulte home and really like it. Their incentives were awesome, too. I commute to Downtown Livermore and my wife drives to Pleasanton. Our commutes are 30 minutes and 50 minutes, respectively.

All in all, we really like it out there and are even looking at some of the other home to upgrade to.

Answer 7

is wrong to by a home in the muting for investment.look to Wat you getting in to,you will be to fare to work, to be there is to ex pens,because the price of gas, and to receive back you money it will neat many years to get you money ,invest you money Sam were that you going to get your money in 5to10 years bock