Latest / Real Wealth Show: Real Estate Investing Podcast
Passive Income: Cashflowing Rentals in California at Age 27
California is not considered a landlord-friendly state. That means laws lean toward the tenant rights, not so much the property owner's rights - which means it may be difficult to evict a non-paying tenant. Additionally, property prices are high. And even though rents are also high, they are not in line with the property price. For example, in some states, you can buy a brand new home for $200,000 that rents for $1600 per month. In California, the property might be twice that price for the same amount of rent, which translates to low cap rates.
Our guest today has figured out a way to address…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.