Real estate developers are removing their operations from California.

If you stay in California, I'd recommend a house-hack of some type.

Hi Jamie,Yes we’re near hospitals and are in Fresno, CA and I think it’s the law of supply and demand as I’ve seen other MTR host now listing their units for sale due to the vacancy.Yes we’re also listed on Zillow as furnished but no leads there.This morning one student emailed to say she’d like to proceed but we had to give it at cost but she’s renting it from June until Feb 2024 so we agreed.I just didn’t know how to target quality tenants as we’ve declined a few due to inability to pay and bad credit.I didn’t know about student.comThank you for replying.

CA crazy, yeah you have fun with that.

If you want a small-multi look for a larger house with a guest house (or ADU has they call them in California) and then try to rent it to an extended family. warmest, Susan 

Purchase price: $162,000 Cash invested: $1,460 Sale price: $272,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Seth Choate, successfully completed a deal on N Pasadena Ave, Waterford, CA.

@Daniel TorresWhen you mention “investors” that plural means in most instances you would need to file for a sec exemption unless it’s one investor for one deal (or in CA can do trust deeds).It’s up to you whether you offer debt or equity.

Well first are you in California?

I sold Churn Creek Village, the 93 units right off of the highway, and I've done quite a bit in Northern California.

@Bubba McCantsWe have clients in the Reno Tahoe, NV area that are taking a bit of hit on the cash flow because of the above average appreciation growth boosted by tech jobs and people moving from CA.