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Updated about 8 years ago on . Most recent reply

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9
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4
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Sud Raj
  • Investor
  • Fremont, CA
4
Votes |
9
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Investing in Oakland

Sud Raj
  • Investor
  • Fremont, CA
Posted

Hi,

I am considering buying a 2-4 unit multi-family in Oakland, CA and wanted some advice.

- Is it too late to buy in Oakland given the appreciation we have already seen?

- If not, what areas should I focus on if I want to rent out to millennials and tech workers?

- What are the challenges with having rental property there?

Thanks,

Most Popular Reply

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3,970
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2,920
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Matt K.
  • Walnut Creek, CA
2,920
Votes |
3,970
Posts
Matt K.
  • Walnut Creek, CA
Replied

A's just announced location of new stadium near lake merritt... Oakland works if you have the capital, but it's going to take a lot to get into it. Should slow down a bit come the holidays, less people want to move so that works both ways (buyer/seller).

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