Somewhat new investor

[Philip Anderson]

I am a newish real estate investor.  I own one sfh rental with positive cash flow.  

I refinanced that one to buy the property we currently live in which is a house hack (I've just learned this term but been doing it for some time) as we have an adu on the property. We started with an airbnb for 4 years but then due to county regulations we were forced to switch to a long term rental for the ADU.

Currently I am looking for mf, syndications, or other real estate to invest my IRA in.

I live in california on the Central Coast but am looking to invest outside of CA, although Ventura area is attractive to me.

I have purchased at the right time in the past 2013/2016.  I am getting the sense that this may not be the best time to start diving in due to market volatility.  Maybe it's a good time to find deals due to over supply.  

I would love to hear what the BP community thinks. 

thanks! 

Phil Anderson

[Jackson Harris]

Hey Philip I'm biased to the Phoenix market because I live here, but there's a reason I chose to move here out of all the places I could have chosen. 

It's cheaper than most markets in California, steadily growing year over year, and right now there is a surplus in inventory making it a buyer's market for one of the few times in the last 30 years. 

I'd be happy to connect sometime and answer any questions you may have about this area!