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Updated almost 7 years ago on . Most recent reply
Thoughts on decent CAP rate areas of Inland Empire?
I'm currently looking into San Bernardino, Redlands, Pomona, Fontana, Upland...possibly Riverside for Multifamily properties 15-40 units.
Thoughts on areas to invest. Areas to avoid, pockets of growth or if anyone knows these areas?
I'm interested in areas of San Bernardino where there's some development going on or there is pockets of stability.
Anyone investing inland? Seems like a lot are going out of state chasing cap rates.
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Hello Will. I have investments in Loma Linda and Redlands and have found them to get better cap rates than closer to DTLA. I have worked with several investors looking in San Bernardino and they have found good cap rates there. Loma Linda has a high demand for rentals with the hospital and university there.
Let me know if you want to chat.