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Updated almost 6 years ago,
Sacramento CA vs Bakersfield CA investment
Hi,
I am planning to do a rental investment in 3bed/2bath SFH property somewhere in the price range of 250-300K.
So far, I have narrowed down to Sacramento, CA and Bakersfield CA.
From what I have gathered, Orangevale, Rocklin and Roseville looks promising. However, it is hard to find a property with positive cashflow. However, these towns are quite upcoming with some good school districts.
The other option is to invest in Southern part of Bakersfield CA in Kern County where prices are quite low and give positive cash flow.
Does anyone have any suggestions regarding this?
Thanks.