Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Rental properties in California
Hi team,
I am a noob when it comes to real estate investing. I am looking for my first rental property and looking around in the California area since thats where I come from. I started looking at some properties in San Diego area but I am quickly realizing that none of the properties I am looking at return positive cash flow. How are people startegizing to buy and rent out properties in california's metropolitan cities?
Secondly, I am looking at negative cash flow of around $500-$800. Has anyone ever bought a property that was negative cash flow? If so, what were your reasons for doing so?
Thank you for your time!