Haven't bought a property in almost a year - potential markets

[Andrey Y.]

Hello everyone! I have been hiding out for a few months, mostly just traveling and reading up on investing in equities of all things (which I have always been skeptical of).

I bought my last property as a single owner in Jan. 2017, it was actually a Turnkey property in a pretty stable market in the South. Since then, I have been investing $50-100K here and there in large apartment syndications. Maybe I have been to lazy, and maybe this is too broad of a question.

I have always wanted to own a condo or home in California, but I know even local investors seems overwhelmed there. What markets in the inland or even around the Bay Area, SF, or LA do you like? Any up and coming cities or towns worth a look?

I am not looking to be spoonfed a secret sauce (because there probably isnt one), more to spark discussion amongst ourselves to see what markets are worth a second (or first) look. I like 3+ unit multifamily.

[Matt R.]

Originally posted by @Andrey Y.:

Hello everyone! I have been hiding out for a few months, mostly just traveling and reading up on investing in equities of all things (which I have always been skeptical of).

I bought my last property as a single owner in Jan. 2017, it was actually a Turnkey property in a pretty stable market in the South. Since then, I have been investing $50-100K here and there in large apartment syndications. Maybe I have been to lazy, and maybe this is too broad of a question.

I have always wanted to own a condo or home in California, but I know even local investors seems overwhelmed there. What markets in the inland or even around the Bay Area, SF, or LA do you like? Any up and coming cities or towns worth a look?

I am not looking to be spoonfed a secret sauce (because there probably isnt one), more to spark discussion amongst ourselves to see what markets are worth a second (or first) look. I like 3+ unit multifamily.

For LA areas maybe check near Ventura County, Camarillo, Conejo Valley , 101 freeway etc. Then maybe Santa Clarita Valley ( LA County)  as I understand they are building 21k homes and 13 million sqft in commercial space up and coming. Also any of the good suburbs of SFV valley might be nice.  

Good luck!