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Updated 7 months ago on . Most recent reply

User Stats

8
Posts
5
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Michael Sun
  • New to Real Estate
  • Bay Area, CA
5
Votes |
8
Posts

Market suggestion for Bay Area Newbie

Michael Sun
  • New to Real Estate
  • Bay Area, CA
Posted

Hey Bay Area investors! Newbie here, scoping out the market for my long-term rental property. Any suggestions? Is Tracy, Fresno, Stockton worth some research? Or Reno/Tahoe makes more sense?

Most Popular Reply

User Stats

807
Posts
544
Votes
Bradley Buxton
  • Real Estate Agent
  • Nevada
544
Votes |
807
Posts
Bradley Buxton
  • Real Estate Agent
  • Nevada
Replied

@Michael Sun

Hi Michael, I'm a CA transplant that is now invested in the Reno / Tahoe market. CA does offer some great opportunities to make money. The Reno market has a lower cost to entry and strong appreciation. Tech jobs, positive migration, combined with low property taxes, landlord friendly, and no state income tax make Nevada a solid place to invest. There are also STR and MTR options with the proximity to Lake Tahoe from Reno and the Carson Valley. Happy to connect and share knowledge and my resources in the area.

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