Are CA Deals Too Expensive And Not Cash Flowing? Let's Connect!
I would like to connect with BP members in California that are getting started in real estate investing out of state. I have spoken with a few BP members that are seeking commercial investment opportunities outside of California, specifically in the Greater Atlanta area.
The key to out of state investing is to target a metropolitan with strong demographics and a property that is low-risk, with little to no management responsibilities. Because California based investors are conditioned to absorbent prices for real estate and costs of living, I have found they are pleasantly surprised to see that price points are lower, returns are higher, and the class of the properties is better in Georgia.
I am originally from San Jose, CA the Capitol of Silicon Valley and recently re-located to Atlanta, GA. I spend time in both states. My career has been in real estate, finance, and SBA business consulting. I used to hold real estate Meetups in Downtown San Jose and cryptocurrency Meetups in Santa Clara. I have also lived and practiced real estate in Los Angeles and Sacramento. By next year, I will be hiring commercial agents in California and Georgia to expand my brokerage coast to coast!
