I have sunnyvale or redwood city in mind. How do you decide where to buy?
I am pretty new to real estate investing. Outside of bay area (austin, seattle) is also an option.
Thanks!
Come on, Fab 7x7 for sure. San Francisco is a world class city. It is not going away anytime soon, despite the naysayers. We are the tail that wags the dog…
What neighborhoods would you bet on?
If you have time on your side and the fortitude to stick it out, I suppose the East Side (Bayview and Hunter’s Point) is good ONLY because the buy-in is cheaper relatively speaking. The problem though is of course run down shacks are probably now way overpriced since everyone else is looking there and thinking the same. I would consider Southern parts of SF like Merced/Ingleside Heights, Oceanview and Excelsior. I would be looking for a fixer that has potential for legal inlaw creation. I am all about maximum cash flow.
I think we will see some catch-up action in San Jose and Milpitas. I like Berryessa and Milpitas, and downtown San Jose to bet on Google Banana.
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I could’ve bought a SFH in berryessa for $450k back in 2011… I couldn’t bring myself to close that deal… was a big mishap…
Welcome to the rehab. I am still licking my wound, when in 2013 I passed on buying a house in N. Sunnyvale for 600K. 
The list can go on forever…
Went to an open house in Outer Richmond during 2012 for fun (one of my first RE open house experiences in the early days). Agent on site was practically begging me to bid ($700K), but I didn’t have enough down payment nor was the bank willing to lend me enough. Blows to be a millennial 
That’s fine I own enough houses now… can’t be right with everything… I sold half my Aapl shares in 2008 for no reason… only because I was pissed with the market… worst mistake ever… 
The worst neighborhood in Sunnyvale is better that the worst neighborhood in RWC… Check out SNAIL
Aaah, but you have years on your side…
East San Jose, and Santa Cruz.
I know some homes in SC that are not being taken because lazy people just want to buy and enjoy their homes, not fixing them. Oh, did I try to say flippers should go there to check it out? 