Hey everyone! I'm new here, new to property investments and I'm looking to get started!My goal is through house hacking, make around $500 every month for a year, then move out and try making around $1100 when I'm not ...

Good evening everyone , I'm looking to invest in my market which is California. Looking for a decent area budget around 250k multi-family units. Can anybody help me find the most affordable cities to invest in?

I’m going to reach out to locals agents and PMs in the area to better understand that specific area but I just wanted to get your opinion of the area and outlook in that market considering your experience.

That will make the move easier as you'll already have a local "tour guide" at your disposal and someone who can easily integrate you into their own social circle.Plus the market here has a great long-term outlook, with lots of job and population growth.

@Colleen Brooks what’s the economic outlook in that area with employment?

A couple of things you are not mentioning that will factor into your outlook.

@Thomas Lee Nuckles That's the right outlook.

The established areas will likely be fine but everything in between will probably lose favorability to the suburbs where people will value more space (and perhaps timeliness of trash pickup).I hate to say it but from my viewpoint (which is admittedly much less informed than other users on this site) the outlook is grim for the future.

The decline in rates come as investors reacted to the surge in COVID cases and the Federal Reserve’s concerned outlook for economic recovery.

You should be talking to an end lender before you even go out looking for properties.