CA Bay Area Real Estate Investing (Scotts Valley, Santa Cruz)
Good Day All,
I am relatively new to Real Estate investing and was wondering what sort of strategies people were using to invest in the Bay Area - specifically Scotts Vally, Santa Cruz ares. I am interested in all sorts of strategies like buy and hold, BRRRR, flip and so forth, but mainly I would like to buy and hold.
I have been reading and listening to as many podcasts as possible on BP but I have yet to find anything that really relates to the Bay Area. It seems like smart investors in states like Georgia, Tennessee, Montana and such, are able to acquire properties, do some rehab, and almost immediately start to cash flow... Is this possible in the Bay Area or am I way out of my league?
I may just be new to this but the real estate game in the Bay Area just seems super unique and hard to get into. I have been researching going out of state to invest but I have grown up in the Bay Area (Santa Cruz about) and I would really like to stay local.
So if anyone has a working strategy or just any tips I would really appreciate it.
Jonathan
P.s. The Bay Area is beautiful but expensive as all get out!!!