My 1st Post - Hello World

[Thomas Roark]

I am a newbie investor in North Texas looking to purchase an investment property. We are seeking to buy investment property near the coast of California between Ventura and Morro Bay. We are looking to acquire an SFH that can be converted to a multi-unit duplex or a SFH in need of rehab that could be converted to a multi-unit duplex. We are very familiar with the area but need advice on how to identify potential opportunities and analyze the deal as an investment property.

We are seeking investment in this area as it is near family and our anticipated retirement. 

[Alex Boswell-Ebersole]

Hi Thomas.  

I work in the area and agree with Jake regarding lenient ADU laws and high price points. Also, finding cash flow here can be difficult, but appreciation is real. Feel free to reach out to me if you want more specific help.