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Updated about 5 years ago,
San Bernardino, CA multi-family investing
Hello BP,
I was wondering if anyone knows or has done any type of RE investment in San Bernardino, CA. I'm on the process of moving on to Multi-family from SFH and San Bernardino caught my attention. I've done some study about this area and it looks good with cash flow compare to the other cities in LA county. However, renters market is my main concern. Will it be hard to find renters? What if I can't find any tenant with an average credit score? What is your average vacancy rate? One of the management companies in this area told me that their average vacancy rate is 8%, but I just wanted to make sure before I move on. Any help would be appreciated.