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Updated over 7 years ago,
Trying to 1031 an Oakland CA property for greater cash flow
Hello BP peeps,
I bought a foreclosure in Oakland CA in 2012 for $250 all in, I have a stable tennant and positive cash flow of $800 mo. I also have equity of about 400 in the house. I want to increase cash flows to 3000 a month on 650k property. What markets are best for cash flow and appreciation ( I know big ask). for personal reasons I am attracted to Sacramento CA, Phlly and Pittsburgh. Anyway have experience with this? Ideally I would like a multi family property but open to buying a few SFH. thanks for your help.
Newbie in CA