Where best to buy real estate in SoCal

[Account Closed]

Greetings Everyone,

I am new to the real estate investing business and in search of some information.

I currently live in the Antelope Valley in Palmdale, CA. Since I am new, I do not have excess capital to purchase expensive properties like those seen closer to LA. I have been looking at areas such as Lancaster, Palmdale, Santa Clarita/Valencia, even some properties in the Apple Valley and Palm Springs area.

My goal is to purchase rather small single family residences (2-4 bd/1-3 ba) for something in the range of $100-200k. Depending on the market, I would either like to flip the properties or as a back up strategy rent them out to generate cash flow.

Where does it makes the most sense to implement my business strategy?

I greatly appreciate the advice!

[Kevin Peguero]

From what I've seen in the market lately. Lancaster is going through a frenzy. Lots of investors are purchasing property there. You can still buy pretty low and get a good resale value in Lancaster. Check out the cash sales in those areas and I'm sure you will come across lots of flip property or rentals.