You probably love living in SoCal/OC as much as I do but realize that it's very very difficult to find good deals that produce a good rate of return.

I don't want anything from them at all and just want to see people enjoy the process and not get taken by the incredible number of traps and scams out there.

I was on a Webinar last night (Not BP - of course), and the word 'which' came up several times as 'witch'; 'their' came up as 'there'; 'you're' came up as 'your'.The quality of what we produce, whether in writing, on the job, or how we relate to each other speaks volume about us; because first impression lasts.

Means you don't have to pay out right away and they get well paid out of what is produced.

When you aren't a top producer it's just hard to turn down listings, even if the code of ethics says you should.

Being able to have the property in "retail" or "flip" condition can be a good strategy....but, usually, if it isn't producing revenue....I'll defer it until I am ready to sell.

To be fair, that vetting should be done even for local investing, but it's a lot easier to do locally than 1000 miles away.The podcasts are incredible value if anyone wants to know, lots of great info there from people who are doing the RE thing successfully everyday.Based on the various strategies I've heard on the podcasts, I've decided to keep learning and maybe even give CA investing another chance.

If you pencil out the number you might find that it makes more sense to rent your residence and use your capital to invest in income-producing real estate in other markets.

In the example, the author has a goal of owning 9 free and clear properties that each produce about $11,000 in income.

Purchasing the right turnkey investments will produce cash-flow and build equity over time through amortization and future appreciation.