Looking into RE investment opportunities in Fresno

[Samantha Pham]

A friend of mine has recently bought a rental SFH in Fresno and he mentioned that the rent is pretty good (1.7k for a 270k house) So I'm doing some researches for Buy-Hold strategy here.

I read some info that Fresno does not have strong growth (industries, employment rate) and tends to be slow when the economy does not do well. Anyone is in Fresno and/or has investment properties in Fresno can share thoughts on growth prospects here. Thank you

[Jason Pritchard]

@Samantha Pham In regards to your question about potential zip codes I have found that my rentals in 93703,93704, 93705 and 93728 have all performed well from a cash flow prospective while not being in a “bad” neighborhoods.  I would categorize those areas as “C” class with a lot of blue collar families and strong rental demands.  As you start going further north the areas will be better but the market rents do not scale with the higher purchase prices so will probably not get the cash flow you want unless you put a lot of money down.