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Updated over 4 years ago, 07/03/2020

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11
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0
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Valentin Zalutskiy
  • Northern California
0
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11
Posts

small multi family in california vs your state

Valentin Zalutskiy
  • Northern California
Posted

I have been looking and analyzing duplexes and triplexes in northern california for close to a year using the parameters I learned from Biggerpockets. I have found none that met the "good buy" parameters, and only a couple that still had a cash flow after deducting the recommended percentages for the costs. My question is how are the other states doing? 

My plan was to make my first purchase a duplex so I can start off my portfolio, but at this rate, I may have to buy a single family home.  I get that I'm new at this and don't have an in on the off market buys, but....this is very disheartening. 

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