Just because prices in certain areas are lower than others that does not make them a good deal. Texas, South Carolina, North Carolina, Tennessee and Atlanta are NOT booming.
=shrug= All I can say is that is not what I’m experiencing and seeing. And sure just because prices are lower in those areas than in California doesn’t mean that it is a good deal. Ultimately it comes down to rate of return and cash flow. Most of the properties I see there cash flow and are giving about a 30% return. And true there is a lot less California money nowadays flowing around, but those are the places I see them flowing to.
