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Updated 10 months ago on . Most recent reply

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Gladys Villa
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Is it wise to start real estate in California?

Gladys Villa
Posted

Hello all! I have heard a lot of investors investing out of state like Ohio, Memphis, Texas, Seattle, etc, but rarely they say they have apartments and anything similar in nature, in California. I live in California, and I know property prices are very high. Is it not smart to start in California because of this? Why do investors not consider CA in their investing? Where can I get information about investing out of state and learning the differences and advantages? 

Most Popular Reply

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Eric Gerakos
  • Investor
  • Costa Mesa, CA
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Eric Gerakos
  • Investor
  • Costa Mesa, CA
Replied
Quote from @Remington Lyman:
Quote from @Gladys Villa:

Hello all! I have heard a lot of investors investing out of state like Ohio, Memphis, Texas, Seattle, etc, but rarely they say they have apartments and anything similar in nature, in California. I live in California, and I know property prices are very high. Is it not smart to start in California because of this? Why do investors not consider CA in their investing? Where can I get information about investing out of state and learning the differences and advantages? 


 Most California investors buy in cheaper markets like Ohio so they can get cashflow

I have a lot of friends in California who are real estate investors. None of them buy in Ohio......

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