All Forum Posts by: Bhavya Shah

@Bhavya Shah you will be hard pressed to purchase anything in California that will cash flow right now. The only thing that you will find are properties in Big Bear Lake and Joshua Tree National forest area. These homes are purchased and turned into very profitable AirBnb homes.

Yes, I have purchased homes with negative cash flows, but this was back in the 1980's. Very similar situation now in that inflation was out of control. So if you can purchase a home for let's say $500K, hold on to it for 1 year and a day (long term capital gains) then sell it for $600K (due to inflation) and pocket a quick $100K that might be worth it. These are raw numbers and yes you have costs going in and out and your negative cash flow.

Good Investing...

Thats a good insight. The problem I am facing right now is that within my budget, I am only seeing condos. And I am not sure what kind of appreciation I can get with condos in SD. My maths is pretty simple. If I am -$800/month, that means I am ~$10K down every year.. So the property needs to appreciate by atleast 10K.

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Hi team,

I am a noob when it comes to real estate investing. I am looking for my first rental property and looking around in the California area since thats where I come from. I started looking at some properties in San Diego area but I am quickly realizing that none of the properties I am looking at return positive cash flow. How are people startegizing to buy and rent out properties in california's metropolitan cities?

Secondly, I am looking at negative cash flow of around $500-$800. Has anyone ever bought a property that was negative cash flow? If so, what were your reasons for doing so?

Thank you for your time!

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All Forum Posts by: Bhavya Shah

Bhavya Shah has started 2 posts and replied 12 times.

Post: Rental properties in California

Post: Rental properties in California