Investing in California Real Estate

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					                                        Investing	
  in	
  California	
  Real	
  Estate	
  
	
  

California	
  is	
  one	
  of	
  those	
  states	
  where	
  you	
  find	
  all	
  kinds	
  of	
  properties	
  and	
  where	
  the	
  
climatic	
  conditions	
  vary	
  hugely	
  from	
  place	
  to	
  place,	
  as	
  well	
  as	
  a	
  varied	
  number	
  of	
  
homeowners	
  who	
  are	
  current	
  on	
  their	
  mortgages	
  and	
  others	
  who	
  need	
  mortgage	
  
modificaiton.	
  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	
  characteristics	
  of	
  California.	
  So	
  there	
  are	
  a	
  number	
  of	
  things	
  to	
  
consider	
  before	
  you	
  actually	
  go	
  for	
  investing	
  in	
  California	
  real	
  estate.	
  	
  

The	
  first	
  thing	
  to	
  consider	
  for	
  investing	
  in	
  California	
  real	
  estate	
  is	
  to	
  select	
  the	
  
place/area	
  for	
  your	
  California	
  real	
  estate	
  investment.	
  This	
  is	
  more	
  applicable	
  to	
  
people	
  who	
  are	
  looking	
  at	
  California	
  real	
  estate	
  more	
  as	
  an	
  option	
  for	
  leading	
  their	
  
life	
  (rather	
  than	
  an	
  investment	
  option).	
  That	
  said,	
  even	
  if	
  you	
  have	
  chosen	
  the	
  region	
  
for	
  investing	
  in	
  California	
  real	
  estate,	
  you	
  need	
  to	
  be	
  careful	
  with	
  selecting	
  the	
  
location	
  in	
  that	
  region	
  i.e.	
  the	
  California	
  real	
  estate	
  piece	
  that	
  will	
  fetch	
  you	
  good	
  
profit.	
  Generally,	
  growth	
  of	
  business	
  (e.g.	
  big	
  companies	
  acquiring	
  land	
  for	
  
establishing	
  their	
  offices)	
  is	
  an	
  indicator	
  of	
  appreciation	
  in	
  real	
  estate	
  (whether	
  
California	
  real	
  estate	
  or	
  any	
  other).	
  That	
  is	
  the	
  consideration	
  with	
  regards	
  to	
  new	
  
developments	
  in	
  California	
  real	
  estate	
  or	
  with	
  respect	
  to	
  significant	
  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	
  hunt	
  those	
  
opportunities	
  in	
  order	
  to	
  profitably	
  invest	
  in	
  California	
  real	
  estate.	
  Post	
  cards,	
  phone	
  
call,	
  public	
  auctions,	
  foreclosures	
  etc	
  are	
  all	
  possible	
  opportunities/ways	
  of	
  getting	
  a	
  
good	
  deal	
  for	
  California	
  real	
  estate	
  investment.	
  You	
  could	
  also	
  partner	
  with	
  the	
  local	
  
attorneys	
  in	
  the	
  region	
  i.e.	
  attorneys	
  who	
  handle	
  property	
  matters	
  in	
  case	
  of	
  death,	
  
divorce,	
  defaults	
  etc.	
  These	
  people	
  can	
  give	
  you	
  good	
  leads	
  on	
  California	
  real	
  estate	
  
investments.	
  In	
  such	
  cases,	
  whoever	
  gets	
  the	
  information	
  first	
  gets	
  the	
  advantage.	
  
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	
  to	
  think	
  that	
  money	
  can	
  be	
  earned	
  without	
  
putting-­‐in	
  even	
  that	
  much	
  effort,	
  I	
  would	
  tend	
  to	
  disagree	
  with	
  you.	
  A	
  small	
  amount	
  
of	
  effort	
  can	
  really	
  make	
  a	
  difference	
  of	
  thousands	
  of	
  dollars	
  in	
  terms	
  of	
  the	
  
California	
  real	
  estate	
  deal	
  that	
  you	
  get.	
  Another	
  good	
  idea	
  is	
  to	
  inform	
  your	
  friends	
  
in	
  California	
  that	
  you	
  are	
  looking	
  to	
  buy	
  a	
  piece	
  of	
  California	
  real	
  estate	
  and,	
  in	
  fact,	
  
let	
  everyone	
  know	
  that	
  you	
  are	
  looking	
  for	
  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.	
  	
  

So	
  with	
  the	
  California	
  real	
  estate	
  prices	
  rising	
  (as	
  always),	
  investing	
  in	
  California	
  
real	
  estate	
  does	
  seem	
  like	
  a	
  great	
  idea.	
  

				
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posted:6/19/2012
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