It’s always difficult when such a true blue market finally turns its back on us. But that’s exactly what California income property has done to all of us. Since shortly after the end of WW II, California real estate has been the original Gravy Train Express for investors. Alas, those who’ve turned the page, knowing that train just ain’t runnin’ any more, have gone on to more promising returns.
It’s easy San Diego and California real estate investors — just repeat to yourself until it becomes real — it’s over, it’s over, it’s over…
The days of California investment real estate as our personal ATM machines are no more. Think Texas. Think Kansas City. Think, well, you get it now, don’t you? Just don’t think the Golden State. And if your equity remains here, it’s not too late to get your capital growth train back on the tracks. Yer just a 1031 tax deferred exchange away from hoppin’ on board the new and improved Gravy Train.
Don’t stand by and allow your retirement plans be derailed indefinitely. Allow me to create a Purposeful Plan tailored to your personal goals and retirement income requirements.
Get in touch with me this week, and we’ll figure out how you might proceed. There’s still a Gravy Train for you out there. It’s just not goin’ 300 MPH, and it’s surely not in California.
Roy agrees. The California real estate market doesn’t love the real estate investor any more.