California Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Newbie from the Bay Area
Hi there,
I'm hoping to buy investment property that will cashflow and need to decide between investing close by in Richmond, CA or buying out of state. Richmond appears to be overvalued and has also recently enacted strict rent control and eviction policies. It is also known to have areas of high crime. I don't have a ton of cash for a down payment so turnkey properties are looking better everyday. Any and all advice is welcome! Thanks!