All Forum Posts by: Matthew Stark

The last 2 months have been crazy. Thanks for the comments and encouraging words. It has felt like a 2 month business incubation. It will be 3 months by the end of it. If anyone wants to recommend a good thread or two, I would love to learn more about the information you value. Obviously, I will keep scouring the site. Most of my reading has been from landing on this site from Google searches, so those have been good although targeted to my specific question. Pretty sure there are a lot of answers to questions I don't even have yet. thanks again. 

There are still areas in California where there is opportunity. Yes, the houses here are not under $100k, but there are plenty of places where you can invest for little more than that.

However, investing out of state is not difficult. Market out of state and when you find your first deal, do some really aggressive work finding boots on the ground. You can use Yelp to find high quality help. You just need one Realtor to help you. Some even take a flat rate to find a buyer. 

Have had one buyer that backed out of a deal because he complained about how much money he lost on the stock market. I am sure his decision was pure psychological, unless he really was planning to sell stock to fund the deal. I would guess that instead of selling stock, more investors will do hard money. The virus hit the RE market just as we enter spring so the market is ramping up for summer boom time. Usually the most optimistic time of year for the housing market. If Chinese investors didn't jerk all their money out yet, then I wouldn't worry too much (which they have not). The Bay Area prices would be hit first, especially the luxury end of it.

Just wanted to introduce myself. Living life in Tracy, CA. Anyone in Norcal, let's have coffee!