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Updated over 6 years ago on . Most recent reply
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What are the ideal markets to buy a multi-family property in CA
I am very new to Real Estate Investing. Right now I am just saving up as much as I can while finishing College. I want to start by purchasing a multi-family property to house hack. HOPING IN CA IF POSSIBLE.
My questions are:
1) What markets in California should I look at to find a quality multi-family for a reasonable price?
2) As a beginner, how much should I save up before looking for a multi-family property?
3) Where can I search for multi-family properties online???
Thank you, I hope to hear from you!
Most Popular Reply
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Originally posted by @Michael Guydish:
@Ali Boone Hi Ali, thanks for reaching out. I would actually like to house hack my first multi-family property while I am getting my Career started. So yes, I will definitely want to house hack to start.
Cool. Well for house-hacking, just be cautious on the numbers in CA. They aren't all that great typically. But here's general things to think about-
https://www.biggerpockets.com/renewsblog/considera...
Unsolicited advice, but especially in California it's worth considering.