Facebook faces crucial week after modest debutNEW YORK (Reuters) - Newly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who … More »Facebook faces crucial week after modest debut
NEW YORK (Reuters) - Newly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who were hoping for an early surge decide to get out before going underwater. Facebook on Friday sold 421 million shares of …
Alibaba buys back 20 percent stake held by Yahoo for $7.1 billionSHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese … More »Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion
SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least …
Wall Street Week Ahead: Market is oversold, but major signs say "sell"NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and … More »Wall Street Week Ahead: Market is oversold, but major signs say "sell"
NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings season drawing to an end and recent U.S. economic data …
Apple, Samsung CEOs set for court talksSAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when … More »Apple, Samsung CEOs set for court talks
SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday. Apple's Tim Cook and Samsung's Choi Gee-sung, whose companies …
Facebook shares could fall below IPO price: Barron's(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent … More »Facebook shares could fall below IPO price: Barron's
(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent to $38.23 on Friday in the first day of trading. The stock stayed above the $38 IPO price, supported in the market by the …
- Euro zone row gets fat pay rise for German workers
BERLIN (Reuters) - A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help towards adjusting the … More »Euro zone row gets fat pay rise for German workers
BERLIN (Reuters) - A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help towards adjusting the regional imbalances that have caused severe tensions within the euro zone, analysts said on Sunday. Germany's largest …
- Insight: China pays high price to spare state firm from bankruptcy
WEIFANG, China (Reuters) - The Chinese official was adamant the city of Weifang would keep its rayon factory open, noting that local authorities had just stepped in to help the plant's owner repay $60 … More »Insight: China pays high price to spare state firm from bankruptcy
WEIFANG, China (Reuters) - The Chinese official was adamant the city of Weifang would keep its rayon factory open, noting that local authorities had just stepped in to help the plant's owner repay $60 million in commercial paper. The bailout averted what would have been China's first ever bond default and was good news …
- Weaker euro zone nations need more support from core: UK
LONDON (Reuters) - The euro zone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said … More »Weaker euro zone nations need more support from core: UK
LONDON (Reuters) - The euro zone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said in a newspaper on Sunday. The future of Europe's 17-country single currency bloc is under threat from a political stalemate …
- China's Wen urges more support for growth
BEIJING (Reuters) - China's premier called for additional efforts to support growth on Sunday, signaling Beijing's willingness to take action after a recent series of economic indicators suggested that … More »China's Wen urges more support for growth
BEIJING (Reuters) - China's premier called for additional efforts to support growth on Sunday, signaling Beijing's willingness to take action after a recent series of economic indicators suggested that the world's second-biggest economy will slow further in the second quarter. "We should continue to implement a proactive …
Shares, euro steady but Greek worries weighLONDON (Reuters) - European shares took a breather from last week's sell-off and the single currency steadied on Monday, but investors were wary after a weekend meeting of Group of Eight leaders failed … More »Shares, euro steady but Greek worries weigh
LONDON (Reuters) - European shares took a breather from last week's sell-off and the single currency steadied on Monday, but investors were wary after a weekend meeting of Group of Eight leaders failed to ease concerns about the risk of Greece exiting the euro. The FTSE Eurofirst index of top European shares edged up 0.2 …
G8 growth talk leaves wary markets awaiting action(Reuters) - A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty for nervous financial … More »G8 growth talk leaves wary markets awaiting action
(Reuters) - A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty for nervous financial markets. The Group of Eight economies stressed on Saturday that their "imperative is to promote growth and jobs", …
Nasdaq to revamp system after tech problems on Facebook IPO: WSJ(Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook shares on Friday, … More »Nasdaq to revamp system after tech problems on Facebook IPO: WSJ
(Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook shares on Friday, the Wall Street Journal reported. Individual investors were left in the dark for hours on Friday about whether their …
- Australia to seal trade deal with Malaysia
CANBERRA (Reuters) - Australia will sign a free trade agreement(FTA) with Malaysia on Tuesday in a move it hopes will add new momentum to stalled bilateral trade talks with other key Asian trading partners. … More »Australia to seal trade deal with Malaysia
CANBERRA (Reuters) - Australia will sign a free trade agreement(FTA) with Malaysia on Tuesday in a move it hopes will add new momentum to stalled bilateral trade talks with other key Asian trading partners. Australia is still negotiating free trade deals with South Korea, Japan and China, with progress in reaching agreement …
Opel CEO faces workers over possible plant closureFRANKFURT, Germany (Reuters) - The head of General Motors unit Opel sought to allay workers' fears that the automaker plans to shut one of its four German plants as it pulls production of the Astra, its … More »Opel CEO faces workers over possible plant closure
FRANKFURT, Germany (Reuters) - The head of General Motors unit Opel sought to allay workers' fears that the automaker plans to shut one of its four German plants as it pulls production of the Astra, its best-selling model, from the country. Opel Chief Executive Karl-Friedrich Stracke is under pressure from GM to end heavy …
Qantas to cut another 500 maintenance jobsMELBOURNE (Reuters) - Australia's top airline Qantas Airways said on Monday it is eliminating 500 jobs by merging maintenance facilities to save up to A$100 million ($98.4 million) annually, as high fuel … More »Qantas to cut another 500 maintenance jobs
MELBOURNE (Reuters) - Australia's top airline Qantas Airways said on Monday it is eliminating 500 jobs by merging maintenance facilities to save up to A$100 million ($98.4 million) annually, as high fuel costs and weak demand take a toll on airline profits. Qantas, which is emerging from a costly industrial dispute, said …
Question
where in california is the best place to invest in real estate?
5 years ago - 8 answersBest Answer
Investing is an art that you have to learn just as those that play the stock market. There will be some years that are better than others but you don't see those that invest in the market get out because they know and understand the ups and downs of the market.
Real estate investors that are serious investors understand that there will be periods where there will be good times and bad time, but the continue to invest because they understand their craft and compensate for that fact.
They also, like those that are in the stock market continue to bu the best available. There might be a period when to buy and hold as oppose to a buy and flip. Good investors realize this and make decisions accordingly.
As to the best area, all areas offer unique and different opportunities. What are you looking for as an investor?
I suggest that if you are a new real estate investor you go to the local book store, but a few books on real estate investing, buying, rehabbing and flipping properties or buying foreclosures and other distress properties for a profit. Land lording for dummies and other books you find of interest to you. You might also find some of these books in your local library.
Find you an area that you like and invest in that area. I prefer to live in the area that I invest in. There are more than enough properties available.
Once you have learned the trade and feel comfortable you can expand your operation to other areas, but you will no have to ask anyone you will just know.
I hope this has been of some use to you, good luck.
"FIGHT ON"
Other Answers
San Diego and Los Angeles
by De La Ghetto - 5 years agoimformation is best here.
www.dbwarm.com/
Probably anywhere in the San Diego Area..We bought 16 years ago . A house in El Cajon for 134,00..Sold it three years ago for 475,000. San Diego is just an ideal spot.
by tomtay - 5 years agowww.breakingbubble.com/
In California this time next year you can have one million dollars, all you have to do is start today with two millions dollars.
Source(s)
by Drew - 5 years agoAll areas can be the best when you are on your game.
Note that it is harder to make a profit in a location that has falling employment and people moving out.
Investing in RE is mostly about finding people who have problems that they need solved and then solving them. It is not about picking a hot area.
Real estate is not very liquid. It takes time to buy and sell. As such people who are motivated to sell quickly can not just wait around for a retail buyer to show up. When the market is slow they have even less ability to wait.
You make your profit when you buy. You get the cash when you sell or refinance. Buying at 30% below the fair market value is common among seasoned investors. This does not mean that every deal they look at is really a 'deal'. Hence buying smart means not buying a lot of places you look at.
As at least one other suggested focus on getting educated. Library, bookstore and other means. If you go to my blog and then check the links you will find some references. I definitely recommend CREonline as a source of how-to articles and success notes. You will also find forums that are topical with real investors doing real deals. All across the US including CA.
I stated my investing in San Jose CA a long time ago. CA will be a great market for decades to come. You just have to buy right.
Source(s)
johncorey.wordpress.com
As a RE investor for over 20 years (multiple states & countries) I enjoy helping others with their RE questions. The link about takes you to my blog where I am running an Frequently Asked Questions dialog. Please ask questions if you want to know something specific. Or just add comments as to your experience as a real estate investor.
Everywhere in California is the best place to invest in real estate. It just depends on your objectives.
The question is very open ended and subject to interpretation. What criteria define the "best place" to invest in real estate?
Is it appreciation which suggests a longer term buy & hold strategy? Is it the ability to "flip" a house quickly for a profit which is a short-term strategy? Or is it something else?
Only you can define your specific objectives. I like the foreclosure market. Mortgage default rates are rising around the country and banks don't want the houses. They're in business to make money collecting interest...not buying & selling houses.
There are tremendous opportunites to negotiate short sales with lenders especially on large 2nd mortgages. It's worth looking into if you haven't already.
Source(s)
www.realestateinvesting123s.com
by Robert - 5 years ago
