All Forum Posts by: Valentin Esquivel

@Valentin Esquivel

I don't know anything about the Phoenix market, but I've quit buying in California and started looking into out of state, cashflowing markets recently as almost every property I've run across in California has rents that barely cover the mortgage (not even enough to pay for a property manager). Since there's rent control, it'll take years to get to market rents.  They're still selling though, so obviously there's still ways to profit from them (Cali appreciation, paying tenants to leave, waiting years to get to market rents, etc.)

Anyway, you're not the only one concerned about their local market.

Good luck!

@Valentin Esquivel

Why wait for something that may never happen when you can create your own awesome deals today?