Calling All Small Multi-Family Investors

[Jacob Garcia]

East Bay Multifamily Investors - hey all, new to RE and looking to start investing in Bay Area small Multifamily properties. Working on getting my financials ready, but while that’s going on, I’d like to get some insight into areas/cities/ neighborhoods y’all like and their pros and cons. Appreciate any input! 

[Raju Balakrishnan]

Oakland is  a reasonably big market, you will find good & Diverse inventory also. But Oakland is very heterogeneous in terms of crime, and there is a lot of variance in cap rates also from neighborhood to neighborhood. So do you homework to understand Oakland well. Other bay area cities are smaller, less variance in crime, and uniformly low caps with less inventory per city.  

Financing will vary a log depending on whether you are looking commercial or less than four units.