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Updated almost 4 years ago on . Most recent reply
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Highest cash flow in northern California?
I would like to identify the city and the type of product to maximize cash flow in northern California for a buy and hold property. I am not as interested appreciation but simply buy and hold. Which city is best? I have $200K to provide. Should I just buy a single family cash? Or take a loan and for a multiunit? Any advice is very appreciated! Thank you.
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Do you want the rental in driving distance? because the Northern Sacramento Metro-like Yuba is a cheap/good value multi family area, or Riverside can both be similar in price, and more importantly value for your dollar.
And hey, if none of these options work...you could always buy a dog house in San Fran! Word on the street is that even their appreciating at 10%/year+.