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Updated over 4 years ago on . Most recent reply
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Upcoming Neighborhoods in Oakland, CA
Hello BiggerPockets,
I'm new and looking to get into my first investment property. I'm looking to do a traditional house with a small multi-family in the Bay Area. Since Oakland has a significant number of these properties, I was wondering if anyone had any insights as to which neighborhoods are up-and-coming.
In lieu of knowing specific information, it would be great to know some resources so I can do my own research. I'm not sure what I'm looking for exactly. Some of my ideas are locations where future shopping centers are planned, or areas where the city is approving a significant number of permits for residential home improvements, or even land trusts allocated for community restoration.
I'm just trying to form a picture of what Oakland looks like 5+ years from now. Is this a waste of time? What are your considerations when looking at a property?
Cheers,
Mark
Most Popular Reply
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They eliminated most benefits of you living there. If you want to evuct someone to move a family member in it will cost xlose to 10k depending on room count. I've been a landlord in oakland for 23 years do your homework! Find the facebook and other landlord groups. Google Carolle Fife, Rebecca Kaplan, Dan Kalb, and there's a few mom that ave tenant activist on the city council. Google moms4housing and look at the views of the council members.