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Updated over 9 years ago on . Most recent reply

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Tanisha W.
  • Claims Examiner
  • Manhattan Beach, CA
3
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25
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Just joined from Manhattan Beach, CA

Tanisha W.
  • Claims Examiner
  • Manhattan Beach, CA
Posted

I love the California sunshine but real estate prices out here are insane. I found this group on You Tube and right now I'm kind of OD'ing on real estate videos:) I haven't bought anything yet. Right now I'm focused on learning but ultimately I would like to buy and hold multi unit residences and single family homes outside of CA. 

I look forward to connecting with you all. 

Most Popular Reply

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410
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Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
337
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410
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Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
Replied

@Tanisha W.

Welcome to the BP Nation! Investing in expensive markets like SoCal can be tough but there are always opportunities for creative, hard-working, honest people who want to learn and act on that knowledge. The  and  here on BP are a great, fun way to "OD" on real estate knowledge.

I flipped several homes in San Diego a couple years ago. It was hard to find any "great" deals but buyers really appreciated a turn-key product and will pay you for your hard work to renovate well. There are also some good values and some real upside potential if you go inland a bit, like Riverside county - not sexy like the beach but the numbers can work better for flips, wholesales and even rentals.

I also lived on Maui for several years during the boom of 2000 to 2005. Prices were crazy but I was able to do some  and  with 4 different houses and one condo. If you can keep financial priorities straight and be creative, there will always be opportunities, even in the pricey markets.

You will like this  by Brandon Turner! And don't be afraid to spend a couple bucks on these . Excellent info here!

Have fun and Make Your Own Luck!

  • Douglas Larson
  • Podcast Guest on Show #41
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