Real Estate in CA is better than stock market or CD today.

I know for a fact that there are investors from California buying up apartments in my area... in fact a real estate research group called me last week trying to find out what market rents go for in my area.Long story short...

California is one of the hottest places in US~ :superman:

Southern California may see the market turn long before Central Florida or some parts of Arizona.I know that the central Florida region is booming with pre construction oppurtunities at the moment.

As I understand it EE homes are much more popular in California, New Mexico and Nevada right now.There is a good bit of market interest in EE homes in Central Ohio, but as yet there are only a few examples in the area and the owners rehabed on principal, not for profit.The question is this:Are there any rehabbers out there who specialize in EE homes, and if so what has the market response been in your area.

I´ve personally purchased properties in California, Nevada, Arizona, Texas, Georgia, S.

If you are interested please feel free to contact me.ThanksOriginally posted by "jbellomo":I am with a company in California that represents investors who are looking for bulk REO's that they can buy for cash, no financing needed.

I know that down here in San Diego, CA, they are doing very well, and are growing quickly, but I am not that read up on the stocks in this sort of company.

The first is actual appraisal value in which square footage and general appearance is king.

What we are doing out here in california is the following Model:1) purchase a Home either Trustee Sale or REO A) 2 Beds 1 Bath B) 750 -1100 Sq Ft Living Space C) 7000 Minimum Lot Size2) I have a contractor that will add 2 Beds and 1 bath and 1 Patiofor the low--Low--Price of 50K (In California that's cheap).3) Sell it Just under Market Value for a house that size and if they use my mortgage guy I will Pay ALL Closing Costs.EX: Property Purchased at Trustee Sale = 300,000Add 2 beds 1 bath 1 Patio + Permits = 55,000Sell for Market Value 525,000Pay Closing Costs @ 5% 26,250Make Profit of: 143,750Not bad for a 5 months Work.Joseph