Home Buying in 94536>Question Details

csrajuse, Real Estate Pro in San Ramon, CA

Where in north california is a good place for investment, something around 100k?

Asked by csrajuse, San Ramon, CA Mon Mar 25, 2013

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Are you only interested in Northern CA because you may be able to find a better investment opportunity in the Fresno/Bakersfield area. The market really took off during the bubble and than crashed hard. It is starting to pick back up again now and there may be good opportunities there.

Zack King
Keller Williams Estates Calabasas
(818) 825-7388
0 votes Thank Flag Link Sat Mar 30, 2013
If you have around $100K, then you should look for investments appropriate for you. Given your experience, maybe it's not even in a property. You might do better holding high yield paper.

Since most properties under $250K around the Bay Area are being picked up by cash buyers, you would have to look around the central valley, perhaps Modesto, Stockton, etc. Even Sacramento is getting tough at that budget. In any case, you're still investing in properties that harder to manage, which is not a good idea for a first-time investor.
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Sat Mar 30, 2013
How far are you willing to travel...or are you going to have a property manager manage the property?

$100K doesn't buy much in CA....but perhaps you can go to areas that were once booming with new properties, have since become foreclosure capitals, but are on the comeback trail. Check out Stockton, Pittsburg and Antioch
0 votes Thank Flag Link Tue Mar 26, 2013
I would invest $100k or less in Lodi, Sacramento or Merced near University California Merced.


Thaxter V. Arterberry, Broker
0 votes Thank Flag Link Mon Mar 25, 2013
Also you may find some home in Stockton,modesto area in this price range.Good Luck!!!
0 votes Thank Flag Link Mon Mar 25, 2013
Sacramento, Ca . If you need any help email me at amit.epicbrokers@gmail.com. Thanks
0 votes Thank Flag Link Mon Mar 25, 2013
How easy is it to find a renter in Sacramento CA and say for a 100k house single family how much could I expect?
Flag Mon Mar 25, 2013
How easy it is to rent a property in Sacramento?
Flag Mon Mar 25, 2013
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