I’d like to start in a market materially less expensive then CA where I can get into a 3-4 unit for $300 -$400K and have a solid management company manage it.

a new investor just starting out in Sacramento Ca.

we've been asked the same question by a dozen or so good friends who live in/near SF about whether it's worth postponing the ownership dream, given where the bay area market is in 2018. personally, I think that right now is the time to hold off on entering the bay area market... unless you find a truly off-market, discounted opportunity through networking or a personal connections.sidenote: moving to the east bay (alameda, particularly) actually shortened my commute time into my day job in SF, compared to when i lived in SF. i'm sure you've heard this perspective before, but there's goodness to be found in the east bay, if you are dead set on buying in 2018/2019.from an investing perspective, there are still strong returns to be found outside of california. that's why we recommend to friends with capital that they consider looking into investment. that way they can start building wealth now and position themselves for buying that beautiful home when the time is financially right. sidenote: i recently posted on a similar topic on this thread. you can see if you scroll down and there are dozens of other helpful comments on this topic, on that thread: https://www.biggerpockets.com/forums/12/topics/587593-general-do-you-rent-or-own-the-home-you-currently-live-in?

@Jill DeWit Thank you :)Account Closed Thank you :)  I relocated to Texas from California. i was not part of those rich folks already owned a house in California, i was merely 26 when i made the move.

(probably 9-12% depending on leverage if property is in California.)An equity partner can work well too, but you will be giving up a lot of money in the long run if the deal has margins this good. 

Hey everyone. I recently became a BP Pro member and looking to start rental property investing. Wondering if there are any real estate meet ups in Contra Costa County? I live in Antioch. Thanks!

I mean you live in one of the most expensive states in the country - CA.

I’m an investor that buys property in Nevada & California & I don’t know how to find Wholesalers.

Hopefully someone who is familiar with CA law chimes in as well as anyone else with experience in this dilemma.

I'm out in the Bay Area, California.