California Real Estate is a Gamble: How to Invest Outside Your Home State

24/09/2024 22 min

Listen "California Real Estate is a Gamble: How to Invest Outside Your Home State"

Episode Synopsis

In this episode, Amy Sylvis dives into the challenges and risks of investing in California real estate. While many investors hope for appreciation in the state, she explains why this strategy is more akin to gambling than sound investing. She highlights key factors that make California a less ideal market, including high regulation, slow eviction processes, and unfavorable population and job growth trends. 
Amy offers a realistic alternative for those who want to own real estate outside of their home state – investing where the numbers make sense. She breaks down just what to look for when choosing a market / location to invest. 
Whether you're a current or aspiring investor, this episode offers valuable insights into how to create financial abundance by rethinking your real estate strategy. Tune in for a fresh perspective on why "living where you want and investing where it makes sense" could be the key to building a more secure and profitable portfolio.

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https://www.sylviscapital.com
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https://www.linkedin.com/in/amysylvis

0:00 Preview
02:15 Main Topic Start
03:07 How to choose real estate location
07:48  Navigating regional laws & regulations
12:30 The dark side of rent control
14:29 Investing vs Gambling

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