Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
Multi-Family investment in California?
Hey everyone I am new to multi-family investment. When people talk about CA they always talk about how the law is favorable to tenants not the landlord, does it also applies when you invest in multi-family property as the MFH is already considered commercial real estate?
Can people still find good cap rate in CA? So far the only good thing about investing in CA to me is because I live in Bay Area, but does the distant really matters?
Most Popular Reply
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
- 4,399
- Votes |
- 4,756
- Posts
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
@Jinglei Cui Yes the tenant protection laws do apply to multi family as the laws are there to protect the tenant and has nothing to do with the type of property. It’s housing laws and do not apply to commercial tenants. The laws are getting tougher on owners so you should understand them completely before you jump in.
CAP rates are low and prices are high in CA on larger assets so some investors are not buying right now. That being said there are deals to be had especially on smaller properties.
Location is up to you. If you invest out of state you will have to travel to the property occasionally so it’s totally up to you.