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Updated about 8 years ago,
Southern California Multi Family Cash Flowing Properties
Hey guys,
I have been searching and searching but am having trouble finding any decent cash flowing properties in Southern California. I have been looking in Oxnard, Ca but even there the average multi family property costs over 700k and only nets 5k-6k a month.
I started to expand my search radius to areas such as Lancaster and Bakersfield but am worried about the quality of tenants which I will have.
I own one property at the moment but only as my personal residence. I am looking to get a multi family property in addition to the one I have now and am looking in the price range of 700k-1 million.
Any help or advice would be greatly appreciated.
Thank you,
New hopeful investor from So Cal