I'm speaking of local banks in Oklahoma, not FL, CO or CA.

Here in Ca. the buyer side is greater than the seller side right now because the market is so bad.

Looking specifically in Simi Valley, CA.

We own a home in CA but are currently stationed in TX with the military.

Hello Everyone,

Looking to network with other investors.

Send Me a Message

Lena

I am selling it now and taking that loss because I believe I can invest my money in other markets that have bottomed out and gain much more back.I want to start looking into properties in Vegas & California b.c.

Can't beat CA's beaches and fun =).

You mention property taxes, so please remember in California it doesn't matter what the taxes are, but what they're going to be, Upon transfer of title there is going to an adjustment from the old prop 13 rate to the current rate.As for out of state investing from California it would be wise to remember that we are thought of stupid people with more money then brains who will buy at top dollar or more because we base our decisions on the relative price differences.I was in the Midwest awhile ago in a place where anybody with $10 and a normal range IQ and a little knowledge should be able to make good money.

In California, you have to give tenants a physical business address to drop-off rent.

I am an attorney licensed in CA and MA.