Rental Property Investor · Member since 2021 · 13 posts · 8 votes
I am an investor In Central California. I currently have 9 doors and looking to buy my first out of state deal and then buy 10 more out of state!haha
I'm open to any market, my main goal is cashflow! I would like to get a 4plex, maybe a triplex. Cashflowing anywhere from 250-350 a door. Purchase price 100k-200k. Looking for realtors, contractors that can help make this dream a reality!
If you have any questions about central CA I can help, I have a nice team here.
The problem with California is making the numbers work. But I'd stick in that market if possible. Or pick one out of state market. Generally a mistake to spread yourself into too many places.
@Brian Ploszay I have been hearing and reading that more and more. I'm thinking it would be best to narrow it down to at least one or 2 markets but which ones?? Do you have any recommendations? You think Chicago would work for my goals?
Out here in Central CA I'm looking at about 150k-200k a door staring price above 200k in C class neighborhoods that produce about 200-300 a door. When I was buying them they were 50k a door