Updated over 6 years ago on . Most recent reply
Moved to California from Ohio- advice on duplex, triplex
Hello, I am a single first year pharmacist with no kids who recently moved to California from Ohio. I am currently renting an apartment for 2035$ a month and I have currently saved around 40k. I am debating on investing into a duplex, triplex or something even bigger and live in one of the units. I figured if I am paying 2k + for rent I could create a cash flow opportunity plus live for basically free off other renters.
However, I am new to real estate and property is very expensive in Santa Barbara, California... can anyone offer advice or refer some good books, mentors or blogs that could help prepare me on what to expect or what to look out for?
I would appreciate any advice
Thank you,
Most Popular Reply
If you already requested a transfer to Oceanside shouldn't you be looking for a multi-unit in North San Diego County? Besides there's way more multi-unit inventory down in Oceanside than Santa Barbara.