How do you feel about san bernardino?
I am looking to make my first investment. I am thinking maybe a rental and I was looking at San Bernardino but this thread makes me a little itchy about it. Crime really does appear to be bad in the area. I am thinking rental rather than flipping. Budget of about 220k. My thinking was that the area around the CSU should be easy to rent. Thinking I can get abou 1.5k for a 4 room house near the University.
https://www.biggerpockets.com/forums/311/topics/285149-san-bernardino-ca
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Two of my best tenants moved out of a house in a great neighborhood last month. Reason - "They found a dead guy in a car down the street."
Tree lined street that is. Swimming pools. Nice yards.
If you need further evidence, just drive around downtown. Large commercial buildings are boarded up, fenced off, covered with graffiti. The city is horribly mismanaged and the constituents keep electing morons to run it and make bad decisions.
If you even consider SB, stay away from anything around Baseline. I'd even avoid going south of Highland. It is just way to gang infested. Anything around the 215 is a mess on either side, especially the west side. One of the parks over there is nicknamed Heroin Park. I think it is La Plaza on 7th. Oh, and I definitely would not buy units. That's a big no no. If you're living in an apartment in San Bernardino, life hasn't exactly dealt you a winning hand.
Above the 210 is acceptable. The further north you go the better.