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Updated over 2 years ago,
Is SoCal just bad to invest for cashflow over all?
I just started to learn about the BRRR, had an investment property in SoCal sold it. As I learn more and more, looking to start building cashflow portfolio.
The more research i do the more it suggested that California does not suit for our investment strategy of generating cashflow. I know I'm new to this, am i doing my math wrong?
As much as i would like to build portfolio locally, with understanding of it all come down to whether the number make sense, i am starting doing my research out of the state. Would be great if some of you with more experience can share some thoughts!
I am also looking for recommendation of CPA to work with that understand the real estate investing.