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Updated over 3 years ago,
Real Estate Investing In SoCal
Hello BiggerPockets community!!! I'm new to real estate investing and I am currently in the learning phase. I currently live in the SoCal area. My original plan was to eventually invest into small multi-family properties and live in one unit and rent the rest out. But after doing some research I realized the housing market in SoCal is extremely high and I'm not sure if I would see any cashflow or even come close to living rent free if purchasing a small multi-family property. What does the BP community suggest? Should I look into investing into a large single family home and rent out the rooms instead? Or should I look for a different real estate investing strategy completely? Any suggestions, advise or information from this wonderful community will be greatly appreciated. Thank you!