Plus there's been so many California investors buying up stuff in Milwaukee that it's harder and harder to find killer deals anymore.

Good luck going forward in California!!

I am 21 years old and am looking to get into real estate investment. My current plan is to save up enough for a down payment on a cheap property that would serve as a live-in fixer upper.  And use that as my start to ...

He moved to California because he was uncomfortable living here after.So, those are horror stories.

Many investors on here do it every day.You can find properties in southern California and many within an hours drive of SD that you can purchase, renovate and rent.  

(California Residential Purchase Agreement) standard one.

Hello all,I will be moving to San Jose, CA in September of this year and would like some information on buying (as owner occupant) and investing in preconstruction residential properties (i.e.

Planning to buy my first out of state rental in TX. Any lender recommendation ?Thanks !

That's puzzle piece number 1.Puzzle piece number 2 in the 1031 exchange is your reinvestment requirements - in this case you sold for 500K so you must buy for 500K.Puzzle piece #3 is that you netted after mortgage pay off 100K in cash - So you must use all 100K in the next purchase or purchases.So now just run the scenarios - your potential tax bill in CA on 100K of profit could easily be  30,000 or more.If you do a 1031 and buy for 500K and use all 100K in cash then you would pay no tax.If you do a 1031 and buy for 400K then the IRS perceives that as taking 100K in profit called boot (yes you might say that it is a return of capital or whatever but they have nuclear weapons and you don't so their interpretation wins).  

We plan to leave CA in the next 5 or 6 years and probably move to CO, so we're trying to determine the best strategy to offload our properties here.