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Updated over 6 years ago on . Most recent reply

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Michael Guydish
  • Specialist
  • Santa Cruz, CA (Santa Cruz)
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What are the ideal markets to buy a multi-family property in CA

Michael Guydish
  • Specialist
  • Santa Cruz, CA (Santa Cruz)
Posted
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!

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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied
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.

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