We act as GC on our efforts but we have gotten tired of the effort involved.  

There are also a lot of foreign investors looking to park cash since US real estate is considered very safe on a global scale.

It seems there’s a common misconception largely influenced by social media, online courses, and influencers who oversimplify the process that real estate is an easy, passive way to generate income with minimal effort.

Another interesting factor to California is global warming.

We are getting a terrible return on our equity but I guess that happens when you are hovering around a 50% global LTV. 

Every lender will have different rates, so there is no global spot to track rates.

Take the effort to solicit contractor recommendations from multiple people.

"What Is The Biggest Risk For 2025" And 13 Other Highlights From DB's 2025 Market Survey"The Deutche Bank 2025 global financial market survey had 471 responses from around the world, and was conducted between the 10th and 13th of December 2024.

Go look at the global market, it's just like that.

For any effort make sure you know the value that will be added.