Investing in California

[Jamel Tate]

Is California a good state to get started in real estate?

[Tommy Adeoye]

@Jamal Tate

Thanks for giving your question some clarity. You are in a highly competitive market I must say , regardless you can look at the glass half empty or half full. I would not put all my eggs in MLS listings' basket. Real estate deals are made in the buying process and most Californians are very aware they are sitting on a pile of gold.

With that been said, I recommend you evaluate how you can effectively come up with leads, this includes and are not limited to:

- MLS listings - very hard to find a leads , but you just may find an REA

- Direct mail marketing

- Cold call craigslist rentals

- Drive for dollars (online resources may come in handy here).

- wholesalers

Educate yourself on how to find deals and expect to make mistakes . Like I mentioned, your money is made when buying. If you are not aware the exact location you are going to invest in, you may consider an area you are familiar with .

Analyze your deals for cash flow and COC ROI, BP rental property and brrrr analyzing tools are very resourceful . As far as renting your property, here is a little research ; worldpopulationreview.com listed California (Population: 39,747,267) as the number one most populated state country. one person must be looking for a house.

Again, I say to you , this depends on how you see the glass and the massive action you are willing to take to push the odds in your favor. Phoneix would not be bad option either.