You think it sucks to be a landlord in CA?

Homes are affordable and we're seeing homebuyers enter the market with a lot of assistance available from the city.I’ve been investing in Detroit since 2019 while living in California and own 12 doors.

I'd assume CA and WA would be similar.  

I am seeing a trend in CA that ADU construction is more cost effective (per unit) than buying on the market by a long shot.

Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.

It also gets treated differently in Texas vs CA vs AZ.

OC California is very expensive so investing out of state can be a good option.

As I settle into the new year with my game plan Im curious to know what Margins investors are looking to receive in this market. From what Im experiencing its been pretty slow as deals are not giving my investors enou...

A significant number of my clients are from out of state, including many from Washington State and California.

Be aware of state transfer taxes and property tax reassessments, as some states (like California) may impose higher taxes upon transfer.