I always recommend starting in your own market first, then go out of town, then out of state, but I understand California is expensive.If you need to create cash, wholesaling is the best alternativeIf you have some cash, then maybe do a few flix and flips to build your cash reserves.If you have cash saved, yes you can buy a rental in other markets, but you need to research and create your list of contacts in that marketYou can always buy a fixer upper, then refinance, and repeat, you can do that with favorable rates up to 10 times using loans for a secondary/investment home

We are at tipping point to return to recession.).Seems to me (at least in California) like the past 10 years have been in EXPANSION but inventory remains low.  

Assess the application and approval process: Lenders with streamlined processes, like same-day approvals offered by California Hard Money Direct, can be advantageous for new flippers.Remember, the "best" lender will depend on your specific circumstances, including your location, the property you're looking to flip, and your financial situation.

Purchase price: $390,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Seth Choate, purchased a property on Grapevine Dr in Patterson, CA, for $390,000 on 7/18/2022.

Why do investors not consider CA in their investing? 

Hi BP community,I'm a new investor based in CA and found a promising property in (south-ish) Macon, GA.

For me this involves making a lot of spreadsheets, but I will give you the outline.1)Establish risk capacity and tolerance: Capacity=how much can you afford, and tolerance=what you actually feel safe spending2)Use that information to narrow down what is available to buy: The amount will buy you a duplex in PB with 2 1/1's, will also get you a 4plex in Lemon Grove with 4 2/1's3)From there do the research on all of the available units that fit your criteria: This includes, but is not limited to, historical data on appreciation, market rents, historical rental data, and migration trends.4)Don't be afraid to wait for the right propertyI hope that I was able to simplify my process for you in a way that is helpful.

Hi allDoes anyone has some guideline for how ADU (attached or detached) has its impact to home valuation? Are they discount compare to in home remodeling or tear down new built?I talked to a GC and ADU in general are ...

Purchase price: $284,000 Cash invested: $20,350 Sale price: $435,000 Contributors: Peter Vekselman Partner Driven, in partnership with Seth Choate, purchased a home on N Backer Avenue in Fresno, CA, for $284,000 on 10/29/2021.

He calls from a California cell phone, claims he is currently in Scottsdale AZ, and then has to look up Buckeye AZ on google maps to find out where I live.