Ultimate Oakland Real Estate Investing Guide for 2024
Overview
Oakland Real Estate Investing Market Overview
The population growth rate in Oakland has had an annual average of throughout the past ten-year period. By comparison, the average rate during that same period was for the total state, and nationally.
The overall population growth rate for Oakland for the past 10-year cycle is , in comparison to for the entire state and for the country.
Real estate market values in Oakland are shown by the prevailing median home value of . The median home value throughout the state is , and the United States’ median value is .
During the previous 10 years, the yearly growth rate for homes in Oakland averaged . During this cycle, the annual average appreciation rate for home prices in the state was . Throughout the United States, real property prices changed annually at an average rate of .
The gross median rent in Oakland is , with a statewide median of , and a national median of .
Oakland Real Estate Investing Highlights
Oakland Top Highlights
https://housecashin.com/investing-guides/investing-oakland-ca/#top_highlights_3
Strategies
Strategy Selection
In order to figure out whether or not an area is good for purchasing an investment home, first it’s basic to determine the real estate investment plan you are going to follow.
We’re going to give you guidelines on how you should look at market statistics and demography statistics that will affect your particular type of investment. This will enable you to evaluate the details furnished further on this web page, as required for your intended strategy and the relevant selection of information.
Basic market factors will be significant for all kinds of real estate investment. Public safety, major highway connections, regional airport, etc. When you dig harder into an area’s information, you have to concentrate on the site indicators that are crucial to your real estate investment requirements.
Those who purchase short-term rental properties need to discover attractions that bring their desired renters to the market. House flippers will pay attention to the Days On Market information for homes for sale. If the Days on Market illustrates dormant residential property sales, that community will not get a strong classification from them.
Long-term property investors hunt for clues to the durability of the local job market. Real estate investors will research the area’s primary businesses to understand if there is a diversified collection of employers for the investors’ tenants.
If you are undecided regarding a method that you would want to pursue, think about gaining knowledge from property investment mentors in Oakland CA. You’ll also boost your career by signing up for one of the best property investor groups in Oakland CA and attend real estate investor seminars and conferences in Oakland CA so you will hear advice from numerous professionals.
Here are the various real property investing strategies and the way they assess a potential real estate investment location.
Active Real Estate Investing Strategies
Buy and Hold
When an investor purchases a property and sits on it for more than a year, it’s considered a Buy and Hold investment. Their profitability calculation includes renting that investment property while it’s held to increase their profits.
At any point in the future, the investment property can be liquidated if cash is required for other purchases, or if the resale market is particularly strong.
A broker who is among the top Oakland investor-friendly realtors will offer a thorough analysis of the market in which you want to invest. Our guide will outline the items that you need to incorporate into your business plan.
Factors to Consider
Property Appreciation Rate
It’s an essential yardstick of how solid and flourishing a real estate market is. You are searching for steady value increases each year. Long-term asset appreciation is the basis of your investment strategy. Stagnant or falling property market values will erase the main part of a Buy and Hold investor’s plan.
Population Growth
A site without vibrant population increases will not create enough tenants or buyers to support your investment program. This also typically creates a decline in property and lease prices. A declining location can’t make the enhancements that would attract moving businesses and employees to the area. A market with weak or declining population growth must not be considered. Search for sites with secure population growth. Expanding markets are where you can find appreciating real property values and substantial rental prices.
Property Taxes
Property tax bills are an expense that you won’t bypass. Communities that have high property tax rates must be avoided. Steadily growing tax rates will usually keep growing. A city that keeps raising taxes may not be the properly managed community that you are searching for.
Some pieces of real estate have their value erroneously overestimated by the local authorities. When this situation occurs, a business from the directory of Oakland real estate tax advisors will present the circumstances to the county for examination and a potential tax valuation markdown. But, when the matters are complicated and involve legal action, you will require the involvement of the best Oakland property tax appeal attorneys.
Price to rent ratio
Price to rent ratio (p/r) is determined when you start with the median property price and divide it by the yearly median gross rent. A low p/r tells you that higher rents can be charged. This will enable your asset to pay back its cost within a justifiable time. You don’t want a p/r that is low enough it makes acquiring a residence better than leasing one. This can nudge tenants into purchasing their own residence and inflate rental unit vacancy ratios. But generally, a smaller p/r is preferred over a higher one.
Median Gross Rent
This indicator is a benchmark employed by rental investors to find strong lease markets. The city’s historical statistics should demonstrate a median gross rent that regularly grows.
Median Population Age
Median population age is a portrait of the extent of a community’s labor pool that corresponds to the size of its rental market. You need to find a median age that is close to the middle of the age of working adults. A median age that is unacceptably high can predict growing eventual use of public services with a decreasing tax base. An aging populace can culminate in more property taxes.
Employment Industry Diversity
Buy and Hold investors don’t want to discover the location’s jobs provided by too few employers. A mixture of industries spread across numerous businesses is a solid employment base. Diversification prevents a slowdown or stoppage in business for one industry from hurting other industries in the area. If your tenants are stretched out throughout numerous companies, you decrease your vacancy liability.
Unemployment Rate
A steep unemployment rate indicates that fewer residents are able to lease or buy your property. Current tenants may have a difficult time paying rent and new tenants may not be available. The unemployed lose their purchase power which impacts other companies and their employees. Companies and people who are thinking about relocation will look elsewhere and the market’s economy will suffer.
Income Levels
Residents’ income statistics are scrutinized by every ‘business to consumer’ (B2C) company to locate their clients. Your estimate of the location, and its particular sections most suitable for investing, should contain an assessment of median household and per capita income. Sufficient rent levels and periodic rent increases will need a location where incomes are growing.
Number of New Jobs Created
Statistics illustrating how many employment opportunities are created on a steady basis in the community is a good resource to conclude if an area is good for your long-range investment plan. A steady supply of tenants requires a strong job market. Additional jobs supply a flow of renters to follow departing tenants and to lease new lease properties. A financial market that creates new jobs will attract additional people to the city who will rent and buy residential properties. This fuels an active real estate market that will enhance your properties’ prices when you need to leave the business.
School Ratings
School ratings must also be carefully investigated. With no reputable schools, it’s hard for the area to appeal to additional employers. Good schools also impact a household’s determination to stay and can draw others from the outside. An unreliable source of tenants and homebuyers will make it challenging for you to obtain your investment goals.
Natural Disasters
Since your strategy is contingent on your capability to sell the real estate once its value has increased, the real property’s cosmetic and structural status are critical. That is why you’ll need to exclude markets that regularly endure environmental catastrophes. Nonetheless, you will always have to protect your real estate against catastrophes typical for the majority of the states, including earth tremors.
To prevent real estate loss generated by tenants, hunt for assistance in the list of the best Oakland landlord insurance companies.
Long Term Rental (BRRRR)
A long-term investment method that includes Buying a house, Rehabbing, Renting, Refinancing it, and Repeating the procedure by using the cash from the refinance is called BRRRR. If you want to grow your investments, the BRRRR is a proven strategy to utilize. It is a must that you are qualified to obtain a “cash-out” refinance loan for the system to work.
You improve the value of the property above the amount you spent buying and renovating the property. Then you borrow a cash-out mortgage refinance loan that is computed on the larger property worth, and you withdraw the balance. You buy your next investment property with the cash-out amount and begin anew. This strategy assists you to consistently increase your portfolio and your investment revenue.
When you’ve built a significant list of income generating properties, you might choose to find others to oversee your rental business while you get repeating net revenues. Locate one of the best investment property management companies in Oakland CA with a review of our complete directory.
Factors to Consider
Population Growth
Population expansion or contraction shows you if you can depend on sufficient results from long-term investments. If the population growth in a community is robust, then new renters are likely relocating into the area. The location is attractive to employers and employees to locate, find a job, and raise households. This equals stable tenants, more rental income, and more potential buyers when you intend to unload your rental.
Property Taxes
Real estate taxes, just like insurance and maintenance expenses, can vary from market to market and should be considered cautiously when estimating potential returns. Excessive expenses in these categories jeopardize your investment’s bottom line. If property taxes are excessive in a given location, you will want to look in a different location.
Price to Rent Ratio
The price to rent ratio (p/r) is a contrast of median property prices and median lease rates that will signal how high of a rent the market can handle. If median property prices are high and median rents are low — a high p/r — it will take more time for an investment to repay your costs and achieve profitability. The less rent you can demand the higher the p/r, with a low p/r indicating a more profitable rent market.
Median Gross Rents
Median gross rents demonstrate whether a location’s lease market is reliable. Look for a stable expansion in median rents year over year. Declining rents are a red flag to long-term investor landlords.
Median Population Age
The median population age that you are on the hunt for in a vibrant investment environment will be close to the age of employed adults. This could also illustrate that people are moving into the community. When working-age people aren’t entering the market to follow retiring workers, the median age will go up. This is not promising for the forthcoming financial market of that area.
Employment Base Diversity
Accommodating multiple employers in the location makes the economy less risky. If your tenants are employed by only several significant businesses, even a small interruption in their operations could cost you a lot of renters and increase your exposure enormously.
Unemployment Rate
You can’t have a stable rental income stream in a community with high unemployment. Out-of-job people cease being clients of yours and of other companies, which produces a domino effect throughout the market. Workers who still have jobs can discover their hours and incomes decreased. Existing tenants could delay their rent payments in this scenario.
Income Rates
Median household and per capita income rates let you know if an adequate amount of suitable renters reside in that region. Historical salary statistics will communicate to you if salary increases will enable you to hike rental charges to achieve your investment return expectations.
Number of New Jobs Created
The more jobs are constantly being produced in a location, the more reliable your renter pool will be. The employees who are employed for the new jobs will have to have housing. This enables you to purchase additional lease assets and backfill current unoccupied units.
School Ratings
Community schools will have a huge influence on the housing market in their area. Highly-graded schools are a requirement of businesses that are looking to relocate. Business relocation produces more tenants. New arrivals who need a residence keep home prices up. You will not run into a vibrantly growing residential real estate market without quality schools.
Property Appreciation Rates
Strong property appreciation rates are a requirement for a profitable long-term investment. You want to see that the odds of your asset raising in market worth in that area are likely. Substandard or declining property worth in a region under examination is unacceptable.
Short Term Rentals
Residential properties where renters reside in furnished accommodations for less than thirty days are known as short-term rentals. Short-term rental businesses charge a steeper rate per night than in long-term rental properties. Because of the increased number of occupants, short-term rentals necessitate more regular upkeep and tidying.
Home sellers standing by to close on a new house, people on vacation, and business travelers who are stopping over in the location for a few days enjoy renting a residence short term. Ordinary property owners can rent their houses or condominiums on a short-term basis through websites like AirBnB and VRBO. Short-term rentals are viewed to be an effective approach to embark upon investing in real estate.
Short-term rental units involve engaging with occupants more frequently than long-term rental units. That determines that landlords face disputes more frequently. You may want to cover your legal liability by working with one of the best Oakland investor friendly real estate lawyers.
Factors to Consider
Short-Term Rental Income
First, figure out how much rental income you must have to reach your expected profits. A location’s short-term rental income levels will quickly reveal to you if you can look forward to accomplish your estimated income levels.
Median Property Prices
Carefully calculate the budget that you can pay for additional real estate. Search for areas where the budget you have to have corresponds with the existing median property prices. You can customize your area search by looking at the median price in specific sections of the community.
Price Per Square Foot
Price per sq ft can be affected even by the look and floor plan of residential properties. A home with open entryways and high ceilings cannot be contrasted with a traditional-style property with bigger floor space. Price per sq ft can be a fast way to compare different communities or properties.
Short-Term Rental Occupancy Rate
The necessity for more rental units in a city can be checked by studying the short-term rental occupancy rate. A location that needs more rental properties will have a high occupancy rate. When the rental occupancy indicators are low, there isn’t much need in the market and you need to search in another location.
Short-Term Rental Cash-on-Cash Return
Cash-on-cash return is a method to assess the profitability of an investment venture. You can compute the cash-on-cash return by taking your Net Operating Income (NOI) and dividing it by your cash being invested. The answer is a percentage. The higher it is, the sooner your investment funds will be returned and you’ll begin making profits. Funded projects will have a stronger cash-on-cash return because you are investing less of your funds.
Average Short-Term Rental Capitalization (Cap) Rates
This metric shows the comparability of investment property worth to its per-annum income. High cap rates show that income-producing assets are accessible in that area for decent prices. If cap rates are low, you can assume to spend more cash for rental units in that location. The cap rate is determined by dividing the Net Operating Income (NOI) by the asking price or market value. This presents you a ratio that is the year-over-year return, or cap rate.
Local Attractions
Short-term rental properties are desirable in communities where visitors are drawn by events and entertainment spots. Individuals visit specific locations to watch academic and athletic activities at colleges and universities, see competitions, support their kids as they participate in fun events, party at yearly carnivals, and drop by theme parks. Famous vacation sites are located in mountainous and beach points, alongside rivers, and national or state nature reserves.
Fix and Flip
When a real estate investor acquires a property below market value, repairs it and makes it more valuable, and then disposes of the property for a profit, they are referred to as a fix and flip investor. The essentials to a lucrative fix and flip are to pay a lower price for the property than its as-is market value and to correctly determine what it will cost to make it saleable.
You also need to understand the housing market where the home is situated. The average number of Days On Market (DOM) for homes sold in the community is crucial. To successfully “flip” real estate, you must dispose of the repaired home before you have to shell out cash maintaining it.
Help determined real estate owners in locating your business by placing your services in our directory of Oakland property cash buyers and Oakland property investors.
Also, coordinate with Oakland real estate bird dogs. Professionals in our directory focus on securing little-known investments while they are still unlisted.
Factors to Consider
Median Home Price
When you hunt for a promising market for property flipping, look into the median housing price in the community. You are looking for median prices that are modest enough to reveal investment possibilities in the market. This is a crucial ingredient of a cost-effective rehab and resale project.
If your examination shows a fast decrease in property values, it may be a heads up that you will find real property that fits the short sale requirements. You will hear about possible opportunities when you join up with Oakland short sale negotiators. Learn more concerning this type of investment explained in our guide How Difficult Is It to Buy a Short Sale Home?.
Property Appreciation Rate
Dynamics is the trend that median home prices are taking. Fixed upward movement in median prices articulates a robust investment market. Real estate prices in the community should be increasing regularly, not quickly. You may end up purchasing high and selling low in an unsustainable market.
Average Renovation Costs
A comprehensive analysis of the area’s construction expenses will make a substantial influence on your market choice. The time it will take for getting permits and the municipality’s requirements for a permit application will also affect your decision. If you need to have a stamped suite of plans, you’ll have to incorporate architect’s charges in your costs.
Population Growth
Population growth is a solid indication of the reliability or weakness of the location’s housing market. Flat or negative population growth is an indicator of a sluggish market with not an adequate supply of buyers to justify your investment.
Median Population Age
The median citizens’ age is a clear indication of the accessibility of possible homebuyers. The median age better not be less or higher than that of the average worker. Workforce can be the individuals who are probable home purchasers. Aging people are planning to downsize, or relocate into age-restricted or assisted living neighborhoods.
Unemployment Rate
You need to see a low unemployment level in your prospective location. An unemployment rate that is lower than the national average is what you are looking for. If the community’s unemployment rate is less than the state average, that’s an indicator of a strong economy. If you don’t have a robust employment environment, a region can’t supply you with enough home purchasers.
Income Rates
Median household and per capita income amounts advise you whether you can obtain enough home buyers in that market for your houses. The majority of individuals who buy a house have to have a mortgage loan. The borrower’s income will show the amount they can afford and whether they can buy a property. Median income can help you know if the standard home purchaser can afford the property you plan to flip. You also want to see salaries that are improving over time. Construction spendings and home prices rise over time, and you need to be certain that your prospective clients’ salaries will also get higher.
Number of New Jobs Created
The number of jobs created on a steady basis tells if wage and population growth are sustainable. Houses are more easily sold in a market with a strong job market. Additional jobs also attract workers migrating to the location from another district, which additionally invigorates the property market.
Hard Money Loan Rates
Investors who purchase, fix, and liquidate investment real estate are known to enlist hard money instead of traditional real estate funding. Hard money financing products enable these purchasers to take advantage of hot investment projects without delay. Discover hard money lending companies in Oakland CA and contrast their interest rates.
Those who are not experienced regarding hard money loans can uncover what they should learn with our detailed explanation for newbies — What Is Hard Money in Real Estate?.
Wholesaling
Wholesaling is a real estate investment plan that requires locating residential properties that are appealing to real estate investors and signing a purchase contract. But you don’t close on the home: once you have the property under contract, you get another person to become the buyer for a price. The investor then completes the transaction. The wholesaler doesn’t liquidate the property — they sell the contract to purchase it.
The wholesaling mode of investing involves the engagement of a title company that comprehends wholesale deals and is informed about and engaged in double close deals. Look for title companies that work with wholesalers in Oakland CA in our directory.
Read more about this strategy from our comprehensive guide — Wholesale Real Estate Investing 101 for Beginners. When you select wholesaling, add your investment business in our directory of the best wholesale real estate investors in Oakland CA. That way your likely audience will see your location and reach out to you.
Factors to Consider
Median Home Prices
Median home prices in the area will tell you if your preferred purchase price level is achievable in that market. Low median prices are a good sign that there are plenty of houses that can be purchased below market price, which investors have to have.
A fast decline in the price of real estate could cause the swift availability of properties with owners owing more than market worth that are wanted by wholesalers. Short sale wholesalers frequently gain advantages from this strategy. Nonetheless, be aware of the legal risks. Learn details about wholesaling a short sale property from our comprehensive explanation. Once you’re ready to start wholesaling, hunt through Oakland top short sale law firms as well as Oakland top-rated foreclosure law offices directories to discover the appropriate advisor.
Property Appreciation Rate
Median home market value changes clearly illustrate the housing value picture. Real estate investors who want to hold real estate investment properties will want to know that home purchase prices are regularly appreciating. Declining prices indicate an equally poor rental and housing market and will scare away real estate investors.
Population Growth
Population growth data is an important indicator that your prospective real estate investors will be aware of. An increasing population will need additional housing. Investors understand that this will involve both rental and owner-occupied housing units. A city with a dropping community does not attract the investors you want to purchase your purchase contracts.
Median Population Age
A favorarble housing market for real estate investors is agile in all aspects, especially renters, who evolve into homeowners, who transition into larger houses. A region that has a large workforce has a strong pool of renters and buyers. That is why the area’s median age should be the age of skilled workers in the workplace.
Income Rates
The median household and per capita income show stable increases over time in locations that are favorable for investment. Surges in lease and asking prices have to be aided by improving salaries in the area. Real estate investors need this if they are to reach their expected returns.
Unemployment Rate
The location’s unemployment rates are a critical factor for any prospective sales agreement purchaser. High unemployment rate causes a lot of renters to pay rent late or miss payments entirely. Long-term real estate investors won’t acquire real estate in a location like that. High unemployment builds problems that will stop interested investors from buying a house. This is a challenge for short-term investors buying wholesalers’ agreements to repair and resell a house.
Number of New Jobs Created
The number of jobs appearing per year is a critical part of the residential real estate structure. Job production means a higher number of employees who have a need for a place to live. This is beneficial for both short-term and long-term real estate investors whom you depend on to take on your contracted properties.
Average Renovation Costs
Repair expenses will be essential to many property investors, as they normally buy cheap rundown homes to repair. When a short-term investor rehabs a property, they want to be prepared to sell it for more money than the combined sum they spent for the purchase and the upgrades. Below average improvement costs make a city more desirable for your top clients — flippers and other real estate investors.
Mortgage Note Investing
Purchasing mortgage notes (loans) is successful when the mortgage loan can be purchased for less than the remaining balance. When this happens, the investor takes the place of the client’s lender.
Performing loans are mortgage loans where the homeowner is consistently current on their loan payments. Performing loans give you monthly passive income. Some mortgage investors like non-performing loans because when the note investor cannot successfully re-negotiate the loan, they can always obtain the collateral property at foreclosure for a below market amount.
Ultimately, you might have many mortgage notes and need more time to manage them by yourself. In this event, you can enlist one of mortgage loan servicing companies in Oakland CA that would essentially convert your portfolio into passive income.
When you want to take on this investment model, you should put your venture in our directory of the best promissory note buyers in Oakland CA. Once you do this, you will be noticed by the lenders who market lucrative investment notes for acquisition by investors like you.
Factors to Consider
Foreclosure Rates
Investors searching for stable-performing mortgage loans to purchase will prefer to see low foreclosure rates in the community. Non-performing note investors can cautiously make use of cities that have high foreclosure rates too. If high foreclosure rates are causing a slow real estate market, it could be tough to get rid of the collateral property if you foreclose on it.
Foreclosure Laws
Investors should know their state’s regulations regarding foreclosure before pursuing this strategy. They will know if their law uses mortgage documents or Deeds of Trust. Lenders might have to receive the court’s approval to foreclose on a mortgage note’s collateral. Note owners do not have to have the judge’s approval with a Deed of Trust.
Mortgage Interest Rates
The interest rate is set in the mortgage loan notes that are acquired by mortgage note investors. That mortgage interest rate will undoubtedly impact your profitability. Regardless of which kind of investor you are, the loan note’s interest rate will be critical for your estimates.
Traditional interest rates may vary by as much as a quarter of a percent across the United States. Mortgage loans issued by private lenders are priced differently and may be more expensive than conventional mortgages.
Successful mortgage note buyers routinely review the mortgage interest rates in their region offered by private and traditional mortgage companies.
Demographics
A region’s demographics statistics assist mortgage note buyers to target their work and effectively distribute their resources. It’s essential to determine whether a suitable number of residents in the area will continue to have good employment and incomes in the future.
Investors who prefer performing mortgage notes select places where a high percentage of younger people maintain higher-income jobs.
Non-performing note buyers are looking at related components for other reasons. A resilient local economy is prescribed if they are to locate homebuyers for properties on which they have foreclosed.
Property Values
The more equity that a homeowner has in their property, the better it is for their mortgage lender. When the lender has to foreclose on a mortgage loan with lacking equity, the foreclosure sale might not even repay the balance owed. The combination of mortgage loan payments that lessen the mortgage loan balance and yearly property market worth growth increases home equity.
Property Taxes
Many homeowners pay real estate taxes to mortgage lenders in monthly installments while sending their mortgage loan payments. When the property taxes are payable, there needs to be sufficient payments in escrow to handle them. The mortgage lender will need to make up the difference if the house payments stop or the investor risks tax liens on the property. If a tax lien is filed, it takes a primary position over the mortgage lender’s loan.
If a market has a record of rising property tax rates, the total house payments in that city are constantly increasing. Homeowners who have a hard time making their mortgage payments might fall farther behind and ultimately default.
Real Estate Market Strength
A community with appreciating property values promises strong potential for any mortgage note buyer. They can be confident that, if necessary, a defaulted collateral can be unloaded for an amount that makes a profit.
A growing market could also be a good area for initiating mortgage notes. For experienced investors, this is a useful portion of their business plan.
Passive Real Estate Investing Strategies
Syndications
In real estate investing, a syndication is a collection of investors who pool their money and abilities to acquire real estate assets for investment. The syndication is arranged by a person who enrolls other individuals to participate in the venture.
The individual who arranges the Syndication is called the Sponsor or the Syndicator. They are responsible for managing the purchase or construction and generating income. This individual also manages the business details of the Syndication, including members’ distributions.
Syndication members are passive investors. They are offered a specific amount of the profits after the acquisition or development conclusion. But only the manager(s) of the syndicate can oversee the operation of the company.
Factors to Consider
Real Estate Market
The investment strategy that you like will govern the market you select to enroll in a Syndication. The earlier sections of this article related to active investing strategies will help you choose market selection requirements for your future syndication investment.
Sponsor/Syndicator
As a passive investor relying on the Syndicator with your capital, you need to examine their transparency. Profitable real estate Syndication depends on having a successful experienced real estate pro as a Syndicator.
The Sponsor may or may not invest their cash in the venture. You may prefer that your Syndicator does have funds invested. Certain deals designate the work that the Syndicator performed to assemble the deal as “sweat” equity. In addition to their ownership percentage, the Syndicator may receive a fee at the start for putting the project together.
Ownership Interest
All members hold an ownership portion in the company. You ought to look for syndications where the owners injecting money receive a greater portion of ownership than members who are not investing.
Being a capital investor, you should also expect to be given a preferred return on your funds before profits are split. Preferred return is a portion of the funds invested that is disbursed to capital investors from profits. After the preferred return is distributed, the remainder of the profits are distributed to all the owners.
If the property is ultimately liquidated, the owners receive a negotiated percentage of any sale profits. Combining this to the ongoing income from an income generating property significantly enhances a member’s results. The operating agreement is cautiously worded by an attorney to explain everyone’s rights and obligations.
REITs
A REIT, or Real Estate Investment Trust, is a firm that invests in income-producing properties. REITs were developed to enable average people to invest in properties. Most people today are capable of investing in a REIT.
Shareholders in REITs are totally passive investors. The liability that the investors are assuming is distributed within a collection of investment properties. Shareholders have the option to sell their shares at any moment. Something you cannot do with REIT shares is to choose the investment properties. The assets that the REIT selects to acquire are the assets your money is used for.
Real Estate Investment Funds
A Real Estate Investment Fund is a mutual fund that owns stocks of real estate companies. The investment real estate properties are not held by the fund — they are held by the companies the fund invests in. This is another method for passive investors to spread their investments with real estate without the high initial expense or liability. Fund shareholders might not collect regular disbursements like REIT shareholders do. The value of a fund to someone is the projected increase of the worth of its shares.
You can select a fund that specializes in a specific category of real estate company, like commercial, but you cannot propose the fund’s investment assets or markets. As passive investors, fund participants are satisfied to let the administration of the fund determine all investment choices.
Housing
Oakland Housing 2024
The city of Oakland has a median home value of , the state has a median home value of , while the figure recorded nationally is .
In Oakland, the yearly growth of home values during the past 10 years has averaged . At the state level, the 10-year annual average has been . During that period, the national yearly residential property market worth growth rate is .
As for the rental industry, Oakland has a median gross rent of . The state’s median is , and the median gross rent throughout the United States is .
The homeownership rate is in Oakland. of the entire state’s population are homeowners, as are of the population nationwide.
of rental properties in Oakland are leased. The rental occupancy percentage for the state is . The nation’s occupancy rate for leased properties is .
The occupied rate for residential units of all kinds in Oakland is , with an equivalent unoccupied rate of .
Real Estate Trends
Oakland Home Appreciation Rates
https://housecashin.com/investing-guides/investing-oakland-ca/#home_appreciation_rates_10
Oakland Home Value
https://housecashin.com/investing-guides/investing-oakland-ca/#home_value_10
Oakland Median Home Value
https://housecashin.com/investing-guides/investing-oakland-ca/#median_home_value_10
Oakland Median Gross Rent
https://housecashin.com/investing-guides/investing-oakland-ca/#median_gross_rent_10
Oakland Price To Rent Ratio Over Time
https://housecashin.com/investing-guides/investing-oakland-ca/#price_to_rent_ratio_over_time_10
Oakland Home Ownership
Oakland Rent & Ownership
https://housecashin.com/investing-guides/investing-oakland-ca/#rent_&_ownership_11
Oakland Rent Vs Owner Occupied By Household Type
https://housecashin.com/investing-guides/investing-oakland-ca/#rent_vs_owner_occupied_by_household_type_11
Oakland Occupied & Vacant Number Of Homes And Apartments
https://housecashin.com/investing-guides/investing-oakland-ca/#occupied_&_vacant_number_of_homes_and_apartments_11
Oakland Household Type
https://housecashin.com/investing-guides/investing-oakland-ca/#household_type_11
Oakland Property Types
Oakland Age Of Homes
https://housecashin.com/investing-guides/investing-oakland-ca/#age_of_homes_12
Oakland Types Of Homes
https://housecashin.com/investing-guides/investing-oakland-ca/#types_of_homes_12
Oakland Homes Size
https://housecashin.com/investing-guides/investing-oakland-ca/#homes_size_12
Marketplace
Oakland Investment Property Marketplace
If you are looking to invest in Oakland real estate, our Investment Property Marketplace can become your indispensable tool in your investing business. To help you easily find the best off-market deals in the Oakland area, we created a nationwide investor-friendly online platform. Use it to shop for lucrative off-market properties for sale according to your specific buying criteria.
Unlike other real estate listing websites, our marketplace’s interface is particularly designed for investors. Besides the purchase price, you can see other, essential to investors, key indicators such as: rehab costs and ARV, potential profit, FSBO, or realtor-assisted deal, and others. To get started, visit our marketplace and search for Oakland investment properties for sale.
Oakland Investment Properties for Sale
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Financing
Oakland Real Estate Investing Financing
If you are looking for a loan to finance investment property purchase, rehab or ground up construction in Oakland CA, easily get quotes from multiple lenders at once and compare rates.
Fill out our quick online real estate financing application form to receive multiple quotes for your preferred type of loan from our preferred Oakland private and hard money lenders.
Oakland Investment Property Loan Types
- Rehab Loans
- Fix and Flip Loans
- Bridge Loans
- Asset Based Loans
- Cash Out/Refinance Loans
- Transactional Funding
- Transactional Hard Money Loans
- Private Money Loans
- New Construction Loans
Population
Oakland Population Trends
Oakland has an overall population of .
The number of citizens in Oakland has changed within the past 10 years at a rate of . Within that decade, the state had a growth rate of . You can compare these figures to the national ten-year population growth rate of .
If you divide it up year-by-year, the average population growth rate in Oakland is , in comparison with the state average growth rate of . The per-year growth rate for the US is .
The median age in Oakland is .
Oakland Population Over Time
https://housecashin.com/investing-guides/investing-oakland-ca/#population_over_time_24
Oakland Population By Year
https://housecashin.com/investing-guides/investing-oakland-ca/#population_by_year_24
Oakland Population By Age And Sex
https://housecashin.com/investing-guides/investing-oakland-ca/#population_by_age_and_sex_24
Economy
Oakland Economy 2024
In Oakland, the median household income is . Throughout the state, the household median amount of income is , and within the country, it is .
The average income per person in Oakland is , as opposed to the state median of . The population of the country in general has a per person level of income of .
Currently, the average wage in Oakland is , with the whole state average of , and a national average figure of .
Oakland has an unemployment rate of , whereas the state reports the rate of unemployment at and the United States’ rate at .
The economic info from Oakland illustrates an overall rate of poverty of . The state’s figures reveal a combined rate of poverty of , and a similar review of the nation’s stats reports the US rate at .
Oakland Residents’ Income
Oakland Median Household Income
https://housecashin.com/investing-guides/investing-oakland-ca/#median_household_income_27
Oakland Per Capita Income
https://housecashin.com/investing-guides/investing-oakland-ca/#per_capita_income_27
Oakland Income Distribution
https://housecashin.com/investing-guides/investing-oakland-ca/#income_distribution_27
Oakland Poverty Over Time
https://housecashin.com/investing-guides/investing-oakland-ca/#poverty_over_time_27
Oakland Property Price To Income Ratio Over Time
https://housecashin.com/investing-guides/investing-oakland-ca/#property_price_to_income_ratio_over_time_27
Oakland Job Market
Oakland Employment Industries (Top 10)
https://housecashin.com/investing-guides/investing-oakland-ca/#employment_industries_(top_10)_28
Oakland Unemployment Rate
https://housecashin.com/investing-guides/investing-oakland-ca/#unemployment_rate_28
Oakland Employment Distribution By Age
https://housecashin.com/investing-guides/investing-oakland-ca/#employment_distribution_by_age_28
Oakland Average Salary Over Time
https://housecashin.com/investing-guides/investing-oakland-ca/#average_salary_over_time_28
Oakland Employment Rate Over Time
https://housecashin.com/investing-guides/investing-oakland-ca/#employment_rate_over_time_28
Oakland Employed Population Over Time
https://housecashin.com/investing-guides/investing-oakland-ca/#employed_population_over_time_28
Schools
Oakland School Ratings
The public schools in Oakland have a kindergarten to 12th grade curriculum, and are composed of grade schools, middle schools, and high schools.
The high school graduating rate in the Oakland schools is .
Oakland School Ratings
https://housecashin.com/investing-guides/investing-oakland-ca/#school_ratings_31