New member, in Sacramento, CA
Hello, fellow bigger pocket members. My name is Nikk and I live in Sacramento. Any advice for real estate in California or in the Sacramento area would be great. Have a great day.
Most Popular Reply
Yay California! I'm down in LA.
My biggest thought on California would be that the best thing you can do here is- 1. buy on hopes for appreciation or 2. flip. The downsides there is both of those require a substantial amount of education and knowing what you are doing, but if done right, they CA is the best place (in my opinion) for both of them.
The biggest problem you will run into with CA is, if you are interested in rental properties, finding properties that cash flow. The purchase prices and taxes and insurance are so high here, it knocks most properties out of the water for solid positive cash flow. A lot of cash flow buyers living in CA buy out-of-state for this reason.
So there's the biggest pros and biggest con, in my opinion. Not sure if it helps much?