Hello, I am a newbie to this I am looking into the Modesto market and wanted to see if anyone is having any issues or has came across something. Also what are the likelihood of success in this area as far as apartment complex or house rental. I am located in the San Jose area but I’ve visited several time to scoop out different properties. Thank you for your feedback.
Noe...what kinds of issues are you concerned about? We have found success in the Modesto-Merced market. There's a shortage of rental housing out here which has driven rents way up over the past couple years. And, there's not a whole lot in the way of new housing to offset that problem.
@Eric Hamm Thanks for your reply, my main concern would be if the area is rent controlled? Which areas are best to invest in? How can I spot a deal when it’s presented to me?
I just started looking into property investments this year I manage a small community for a large company and I’m looking it to getting my own some day. I don’t know really where to start.
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