General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply
The first rental property in Bay Area with cash flow?
I am very new in real estate investing. Because i live in Bay Area, i am thinking of having a rental property nearby.
However, the price of properties is high, and would not generate cash flow, as my newbie thought.
If anyone has experience in this area, please kindly share.
Also, Is it possible to have a cash flow one here?
Or should invest elsewhere.
I never do any real estate investment and, honestly, am afraid of uncertainty for long-distance investment.
Most Popular Reply
- Realtor
- Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
- 2,389
- Votes |
- 2,350
- Posts
Suntorn, take the basic step of getting pre-approved with a lender....then you will know where you stand on things. As for "cashflow".....you will be hard pressed to find it here in the Bay Area.....You won't hear any of the Podcast guests here on BP use cashflow and San Francisco Bay Area in the same sentence or Podcast. However.....in a lot of parts of the midwest and the SouthEast you can find cashflow galore.