BRRR Opportunities in Oxnard?

[Alexander Berger]

Hi All,

I am looking for my first investment property in Ventura County, CA in the $400-500k range and Oxnard/Port Hueneme has caught my attention. If any BP members own properties out there, would you recommend that market for a first time buyer?

What types of tenants do you get and do they pay reliably/treat the property reasonably well?
   Seems like there would be a bunch of agriculture workers and military personnel

From what I can tell the median rent for a 3/2 SFR is in the $2,000 - $2,300 range. Are you seeing this range?

Any specific neighborhoods you like/would stay away from?
   Seems like some of the run down places a couple blocks from the new gated communities could be a good move

Thanks for any and all thoughts. Feel free to reach out if you are in the area and would like to connect and share ideas!

[Cornelius Charles]

@Alexander Berger

The answer to all of your questions will depend.  Your rent seems reasonable, but neighborhoods can vary greatly even within a block or two of each other.  The tenants you get will depend on how well you advertise and screen them.  When we put our studio up for rent, we got tons of inquiries, and all we used was craigslist.  

My wife's a realtor and she helped one of my coworkers find a home in Oxnard that he is using to house hack. If you would like to pick her brain, please feel free to send a PM and i'll pass her info along.