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Updated almost 11 years ago,
No Cash Flow Properties in my Market (CA - OC/LA)
Hi all,
I just met with my RE agent and surprise, surprise, based on the pre-approval that I got from our broker, I could not find any properties that I could positive cash flow with unless I put more than 20% down in "decent" neighborhoods.
For you SoCal investors out there, where alternatives are you looking at? Of course, being optimistic, I would love to just bank on the idea of appreciation but I'm a bit conservative and that just seems like a foolish gamble.
tl;dr - No cash flow properties unless I put a lot down. What other markets/investment vehicles to look at?