No matter what state you live in, what happens in California affects you. Whether it's the movies we watch, many of the songs we listen to, or the impact of Californians buying properties nationwide, the Golden State plays a part in your life.
 
People inside and outside of the state like to joke about life in California, but you can’t deny that it's a beautiful place to live. The weather, ocean views, bustling nightlife, and presence of some of the largest companies in the world have propelled the state to not only be the largest economy in the US, but the 4th largest economy in the entire world. A strong economy with the kind of lifestyle California offers makes investing our capital there a no brainer.
 
Here are the reasons we invest in California and why we think you should seriously consider putting your money to work providing housing for America’s largest companies and economy.
 

1. New opportunities for affordable investment
2. Strong, steady job growth
3. Desirable location

 
Many have seen the headlines regarding California’s slow but steady decrease in population and slight decrease in median home value as a pure negative, but we see the changes taking place in California as an opportunity for investors without access to millions in liquidity to get in on the action. We are already seeing population growth statistics recovering which could turn a temporary drop in housing prices into a chance to “buy low, sell high.” Any investment needs a heavy dose of due diligence before taking the plunge, but California’s historically high growth in home values ($439,830 Median LA County home value in 2013 increased to $759,380 in November 2022¹) happened for a reason. If people and jobs keep moving to the state, demand for great housing will continue to create opportunities for real estate investors.
 
The job market is often a strong indicator of the health of any given economy. Whether we like it or not, most people have to live near where they work. California managed to outpace the 3% national average job gain with a 3.6% pace closing out December 2022². This was immediately  preceded by 15 consecutive months of job growth in the state. Not only are new jobs being added, but the presence of several key American companies in the state increases the quality of hiring taking place. These new employees need housing commensurate with their new positions at some of the nation's largest corporations. That means they will need real estate investors like us to rehab the existing housing supply (some of which has been there for over 100 years).
 
Last but not least, the environment in California is hard to beat. An ecologically and environmentally diverse state, California has beautiful beaches where you can watch the sun set into the water and majestic mountain ranges waiting to be explored. Consistently great weather allows residents to stay active almost year-round. Whether your goal is to enjoy nature, make fun family memories at the many theme parks, or enjoy the bustling nightlife of the major metroplexes, there is always something to do after work. These factors have been key in spurring California’s growth over the decades, and now may be your opportunity to get in on the action as a real estate investor.