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Updated over 6 years ago, 09/01/2018
Sacramento vs San Diego
Hello BiggerPockets!
I am looking for general feedback on REI success (within the next year) in the Sacramento vs San Diego region. Reason being, my partner and I are planning a big move from Silicon Valley to either Sacramento or San Diego. We have high paying professional careers, I am in Residential Real Estate Development, and he is a Teacher in a well paying district. Ideally, we would like to hold hold similar professional day jobs, but want to get more involved with REI. The big question is, which area will provide the best playground for our situation without taking significant salary cuts?
Currently, we own a duplex in the Sacramento region that is cashflow positive at about $1,500/month. This property was purchased earlier this year and has been performing above our expectations. This next time around, we would like to get involved with purchasing a primary residence with options to Airbnb, or flip and sell to help build cash reserves for buy and hold properties.
If you are a BiggerPockets member in the Sacramento or San Diego region, we would love to hear from you!