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Updated over 5 years ago,
Investing in CA markets, Mulit Family Units?
Hello BP family,
Getting starting isn't a fun topic but a necessary one. I'm in San Diego, CA and looking to buy my first property. It seems like a lot of people agree that big cities in California don't produce a positive cash flow from SFR, so investors aim for appreciation in rent or equity. I'm interested in buying a multi family unit. It seems like a smart choice to make and a no brainier if there is a good deal. My ducks are from from being in a row but some of them are quacking. I need some help and advice on getting started.
For starters is their any value in trying to be a PM for a multi family unit or for an investor to get some experience before investing in your own property?