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All Forum Posts by: Aaron K.

Aaron K. has started 4 posts and replied 6010 times.

Post: Best way to pull Public Records?

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

I like PropertyRadar or House Canary

Post: Any places in Southern California to invest?

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801
Originally posted by @Joseph M.:
Originally posted by @Aaron K.:

You might even consider the Inland Empire for rentals, it has a much lower price point than Long Beach and most other places in Southern California

 What kind of cap rates are you seeing in the Inland Empire for rentals? 

 It depends on what type of inventory you are looking at and where, but you can find some in the 4.5+ range in good neighborhoods.

Post: Southern California Investment

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

Flipping in Southern California for the most part is take deals where you can find deals, because there is a ton of competition, but if you are just starting out it is better to focus in an area you know.

Post: Konnichiwa from Tokyo

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

Hi Bill, do you have any particular regional areas in mind? Also your strategy will play a big factor in where you might want to look.  In California you might find something similar to the investment you made in Hawaii.  I can also point you towards a few good contractors and property management companies in Southern California if you're interested.

Post: Newbie from California

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

Hi Chandler, Temecula is a great market as is the rest of the Inland Empire, as mentioned before it really depends on how you want to invest I can recommend a couple cities for multifamily investing in the region. and discuss further if you would like.

Post: Southern California Investment

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

Hi William,

California is definitely a growth market, because we still have people moving in I would expect prices to continue to rise, especially in the nicer areas with a high percentage of owner occupants.  Job growth is still fairly strong especially in the Inland Empire.  There is always a risk of prices going down but generally more people= more demand.  Unless you have a great system for picking up off market properties flip deals that don't have 30 offers are rare, so I like to stick with buy and hold rentals.  If you would like to discuss further you can send me a private message.

Post: Any places in Southern California to invest?

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

You might even consider the Inland Empire for rentals, it has a much lower price point than Long Beach and most other places in Southern California

Post: Total Newbie here- I have $150k saved up and want to get started

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801
Originally posted by @Samuel Rogers:

Post: Best place for a newbie to start in CA?

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

You might also look at the Inland Empire for multifamily house hacking especially downtown Riverside. There are some older multifamily properties there, and the area is improving rapidly.

Post: Total Newbie here- I have $150k saved up and want to get started

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,801

Hi Samuel,

With your expertise as a painter you may be able to take advantage of some properties that others may not want to touch.  Having the ability to fix up a property cheaply through your own company is a big advantage, especially with flips.  Depending on what you want to do California may be a reasonable market for flips, especially the Inland Empire.