investment in Stockton or Sacramento under 500k cash flow
Dead Fellow Investors,
I would like to get your thoughts on this property which is a Stockton triplex that has been on the market for 102 days. 3871 Ryde Ave . Stockton, CA 95204 . Asking price is around $400K and currently tenant occupied. Do you think this is a good investment property as I am just getting my foot in this. What are things I should be looking for knowing that this has been in the market for an extended period of time? Are there areas in Stockton that I should stay away from?
I think they saying renters are paying $950 each.
Thanks in advance,
Kevin