One reason is that in CA for example if you have $40k to use you can't afford anything there so they buy in markets where they can get a profitable deal.

I am a Realtor in the central valley of California and looking to expand into some hard money loans.

I currently live in Southern Ca and looking to jump into this game next year.

You can find versions of the CA realtor board purchase agreement online.

P.S I'm from San Diego, CA, hopefully some locals are on the forums here.

Although it seems to be cooling off a bit at the moment.I am a bit bias towards Arizona as apposed to other states because i recently graduated from NAU and I've been visiting AZ at least once a year since i graduated in 2010.

My name is Alex Ro from Redding, CA.

They market like crazy to people in California, Manhattan, Australia, Hong Kong, and every other expensive market.

I ask this because LLC costs in California are ridiculous at around $800 a year each.

I am a 24 year old finance major located in San Diego, CA, with a strong desire for investment knowledge and success.