Investing in California Real Estate
By Bob Schwartz, CRS,
GRI ©2005
www.brokerforyou.com All rights reserved.
California is one of those states where you find all
types of properties and where the weather can vary
widely from place to place. You have places with
moderate temperatures and you have places which
experience all four seasons in their full glory. Traffic
Jams, beaches and mild earthquakes are all a part of
California. So there are a few things to think about
before you actually go for investing in California real
estate.
The first thing to think about when investing in
California real estate is to select the place for your
California real estate investment. This best goes for
people who are looking at California real estate more as
a living option (rather than an investment option). That
being said, even if you have chosen the region for
investing in California real estate, you need to be
careful when selecting a location in that region i.e.
the California real estate piece that will bring you a
good profit. Generally, growth of business (e.g. big
companies acquiring land for establishing their offices)
likely is an indicator of appreciation in real estate
(whether California real estate or somewhere else). This
is the consideration regarding new developments in
California real estate or noteworthy changes in the
economic situation of a particular place in California.
However, there are always opportunities and they are
there everywhere. You just have to seek out those
opportunities in order to advantageously invest in
California real estate. Post cards, phone calls, public
auctions, foreclosures, etc. are all possible strategies
for getting a good deal in a California real estate
investment. You could also collaborate with local
attorneys in the region (i.e. attorneys who handle
property matters in case of death, divorce, defaults,
etc). These people can give you worthwhile leads on
California real estate investments. In these cases,
whoever gets the information first gets the lead. You
can really lay your hands on some good California real
estate deals in this way.
Yes, that does take effort and if you were under the
impression that money can be earned without putting in
at least a small amount of effort, you're in for a big
surprise. A small amount of effort can make the
difference of thousands of dollars in terms of the
California real estate deal that you receive. Another
good idea is to tell any friends or family in California
that you are looking to purchase a piece of California
real estate. A very good California real estate deal
might come to you through one of your contacts, you
never know.
With the California real estate prices continuously
rising, investing in California real estate seems like a
great idea.
ABOUT THE AUTHOR
Bob Schwartz, is a Certified Residential
Specialist, CA licensed real estate broker with
www.Brokerforyou.com. Bob has over 27 years of
residential real estate experience, authored a number of
published articles and served as an expert witness for
San Diego lawyers.
You can contact Bob via e-mail at bob@brokerforyou.com
or visit his highly popular
San Diego real estate website
at:
http://www.brokerforyou.com
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