Where’s the golden goose? Is out-of-state real estate investment better than California? Southern California real estate agent interviews professional investor Rick Wang for an in-depth analysis of the pros and cons of real estate investment. Gain exclusive insights to help you make the best investment decisions!
00:00 Introduction
00:16 Opening Scene
00:57 California Investment vs. Out-of-State Investment
01:34 Full-Time Investor - Rick Wang
02:57 How to Start with Out-of-State Investments as a Beginner?
03:38 Do You Need a Local Agent to Buy Out-of-State Properties? What If You Don’t Have a Trusted One?
04:50 What Is Cap Rate?
05:45 How Much Reserve Funds Does an Investor Need When Buying a Property?
06:32 What Is a Professional Business Loan?
09:32 Case Study - Mobile Home
10:28 Rick’s Philosophy of Choosing a Debt-Free Life
13:33 Raymond’s Thoughts on Asset Management
14:22 How Did Rick Plan His Career Transition?
For more information please contact
Cherrie at 626-214-6780
c.cheng@rtrealestateca.com