Success with BRRR in So Cal?

[Sean Autry]

Hi BP Community- I successfully bought my first B&H a little over a month ago. 1% Rent to value; 20% cash on cash; 7ish % cap.... For So cal, I'm overall I'm happy with the numbers. The problem? I bought it wrong. I have cash in there I won't be able to get out until it appreciates. So, my question to the So Cal investors out there is this: Has anyone had recent (current market conditions) success with BRRR in so cal? I'd like to build a portfolio at a rate faster than 1 or 2 properties per year. BRRR seems to be the only way to achieve this. Has anyone been able to do this in today's So Cal market? Thanks all!