California real estate has proven over the years to be one
of the soundest investments in the country. It has been a
steady performer over the long haul, with only a few
significant dips, the most recent being in the early 90s
and currently. When the market rebounds historically it
does so quickly and dramatically and has provided people
with retirement possibilities that job pensions and Social
Security never could. Even the fickle stock market is less
appealing than California real estate investment.
Today's California real estate market is slowing down after
a newsworthy boom. While some homeowners may bemoan the
lowering value of their homes, it does provide investment
opportunities. If "buy low, sell high" is the investor's
mantra, now is the time to look around and buy California
real estate.
There are several ways to buy investment real estate in
California. One of the most overlooked is buying from cash
buyers who possess large portfolios of properties they
themselves purchased at below market prices. Cash buyers
typically buy distressed real estate and get good prices.
They then turn around and sell these properties at a
nominal margin, which equates to a good deal for the buyer.
There are individuals and companies that pay cash for
houses in the state of California and in turn markets the
properties available for sale at wholesale prices. Many a
retirement account has been built on the ability to buy
California real estate at the right time and at the right
price.
California is the largest market for real estate investing
in the United States. It is, in fact, one of the largest in
the world. The land in the state, from the sunny beaches in
the south, to the fertile soil in the north, to the vast
inland deserts and forests continues to grow in value. The
state of California has solid industries and deep capital
investments.
Real estate investing in California can be used short-term,
for quick profits, or long-term, for retirement accounts or
college funds. Naturally the strategies will differ, and
short-term investing is riskier. But the key to real estate
investing is first to "get in the game." Sitting on the
sidelines has no chance of bringing an investor profits.
There is a belief that real estate investing is only a
sound strategy in a "hot" market. Nothing could be further
from the truth. There is always money to be made through
real estate investing. In fact, down markets usually
represent the best chance for large profits. By getting in
when prices are low, investors have a greater profit margin
when the markets rise again, as they always do.
Seasoned investors buy most of their properties during
cooler periods. They do so by purchasing properties from
over-extended homeowners or other investors wholesaling
them out. The arrangement is mutually beneficial for both
buyer and seller since homeowners can often avoid lengthy
and painful foreclosure proceedings.
Copyright Property Partners, LLC 2008
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For many insightful articles regarding buying properties at
wholesale prices visit http://www.property-partner.com
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