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Updated about 1 year ago on . Most recent reply
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Bay Area Investing? including Sacramento Area
Hello,
I'm new in this space and I'm looking for any investors in this area. Maybe I'm in the wrong room or just not enough people from Cali on this platform. Please let me know
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HI Mariya,
My team is based in Orange County.
You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.
There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible. Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy. This will allow you give a reference point on how much potential rent you can receive. (Max vacated rents - your monthly mortgage payment) = +/- net cashflow. Happy to connect and assist you in your real estate investing journey.