Is anyone investing in Riverside, CA?

[Sophia Fong]

Hi, is anyone investing in Riverside, CA?  Curious to know how the market to rent single family homes and multi family homes there?  Please let me know your experience.  I'm looking around the area and would like to get a feel of what its like i.e. if anyone is cash flowing, specific areas of investment, etc.  Thank you!

[Paul Choi]

Riverside and Inland Empire are becoming great markets.  Super low inventory (1.1%) in the pipeline and good rental rate increases because of increased demands.  We've been looking at small to mid-sized multifamily there (20-100 units) but still analyzing and comparing with other markets, ie just got in contract for a multifamily in Sacramento, which is a great rental market.