CA investors – is CA still the place to be? - Posted by AN-CA
Posted by AN-CA on September 12, 2003 at 21:16:34:
It looks like we’re going to have quite a chunk of money coming out of 2 projects (sale), so we need to consider our 1031 options. We’re in SoCal, and I’d like to look at something here that we could manage more closely (we’re selling in KS & AL). We’ll have enough cash to buy $1M+ property & maybe get a favorable loan from a national lender.
What do ya’ll think about SoCal? We sold in San Diego a couple of years ago thinking we were going to top out, but it’s still going. There’s a ripple effect on the market in Riverside & Orange Counties.
Looking for some collective thought . . .