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Updated almost 3 years ago on . Most recent reply
Tracy, CA - SFR investment?
Hello! I'm trying to buy a SFR property in Tracy, CA. New investor, living 35-40 mins from Tracy (in East Bay). Approximately Purchase Price - $500k - $550k .
Biggest reason for investing in Tracy is that a lot of folks from the Bay Area (Silicon Valley) are migrating out of the valley, and moving to the Central Valley. A number of individuals are traveling out to valley using the Ace Train (that connects in Tracy).
Looking for advice on if individuals from the Bay Area recommend Tracy as a town to invest in. And if they do, are there areas you recommend and areas that you would absolutely avoid.
Any advice or suggestions would be much appreciated.
Most Popular Reply
I don’t know if you lived in the area during the last crash, but Tracy and other commuter areas were hit really hard, and took a long time to recover.
Do you think it will happen again when interest rates go up?
Why not look out of state?