Newbie from Central CA

[Jared Parham]

Hello! I'm Jared from Manteca California. I am 20 starting a career in agriculture and excited to be apart of the BP community! I'm new to real estate, I've been listening to podcasts and reading the forums. I want to jump in! I'm looking to buy and hold single families or multiples. Here in my area it's been hard to find cashflowing properties! I want to network and meet like minded people. Shoot me back any suggestions or just say hi! Thanks, Jared

[Account Closed]

Hi Jared!

I managed a 26 unit apt building in Santa Clara, CA, and am now retired.  If I can be helpful regarding renting units from a manger's perspective, I'm glad to help.

Manteca shouldn't be too bad, but I grew to love grad students.  If I could invest (now disabled and renting in subsidized housing in Crescent City, CA), I'd buy in Chico or Arcata by the university.  In both areas, you can find tri-plexes for around $315 - $350K.  They should cash-flow.  And students will always need housing, regardless of the economy.

Best wishes.