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Updated about 3 years ago,
Investing in California Rent control market
Hi All,
I own 1 home in Yuma,AZ we rent and I have a commercial property here in Vallejo, CA that I'm renovating for my business. I'm looking to buy something else in Vallejo other than my primary to start creating more passive income. Do you believe that it's smart to invest in a city like Vallejo for rentals when there is Rent Control..over a city out of state?
I like to look here because I know this market very well (I'm a real estate broker) but sometimes I get concerned as I do like to over think and I'm fairly new to this game of residential rental investments in California.
Any input would be greatly appreciated