Investing in Stockton/Modesto CA?

[Sasha Josephs]

Hello! What’s been your experience investing in the Stockton and or Modesto areas in California?

I’m looking to do fix and flips and fix and holds, based out of SF and looking for a more affordable market and these two areas came to mind. Curious to know what else is out there.

[Sherwin Gonzales]

@Sasha Josephs I think that it's great you are looking "locally" to invest! A lot of people tend to shy away from investing in California because they say it's too expensive.

I have 45 units in Stockon right now and I agree with @Kyle J. in that the rental market is strong there. As Brian mentioned, people who work in SF are flocking to tertiary cities outside of SF to live as the price of housing is ridiculous!

I've had no trouble renting out my units. All my properties are value add/ value management properties, so we build and create our cash flow. There's deals everywhere. Sometimes you just have to have an open mind create them!