There exists many circumstances where a non cash flowing property at purchase can become cash flowing shortly after and others where the play is more of appreciation (aka a southern CA investment in any year from 2015-now).

Still something to consider.Weather: Specifically changes in weather. the world is slowly getting hotter, and some southern states like AZ are so hot that you basically have to stay locked inside in the summer.

New to bigger pockets, I have a full time job in southern California, interested iN getting into multi unit long term investing.

The next meetup will be April 27th at Southern Yankee Crafthouse

When I relocated to southern CA I needed information on the market, and found BP, and was hooked.

@Clay Collins  Coming from the buying side, I just bought in southern CA and in one year of making offers, I lost out to cash buyers every single time, even if my financed offer was higher. 

The industry is exploding here in Southern California!

My company is a lighting distributor (material supplier) for commercial and high-end residential projects.The projects I manage vary from $10,000 to $350,000, and I help supply lighting fixtures and controls (from simple dimming switches to fully automated systems).Currently, my wife and I are finalizing our HELOC docs, and we are looking to invest in out-of-state rental properties (we are in Southern California).I’ve been browsing Phoenix and Jacksonville areas so far, and I am open to other marketplaces if the numbers make sense.I am profusely reading books and listening to podcasts to prepare myself to find and close my first deal, and I signed up to attend the Real Estate Rookie Bootcamp Weekend.Hopefully I will get to meet and network with fine folks who share similar goals and values, and I look forward to connecting with y’all on this forum!

Purchase price: $162,500 Cash invested: $110,000 Sale price: $368,500 This was a rather ambitious project.This single family home located in southern Indianapolis saw an unbelievable amount of changes.

Hi @Andrey Zohrabyan Nice to meet you, I am an agent and wholesaler in southern california based in LA.