Three Lucrative Real Estate Properties in California

Based in California, David Raminfard is the president of NewPoint Fabrics. He has over 36 years of experience in the textile industry. David Raminfard also indulges in real estate development.

Although it can be a lot of work, investing in real estate is very lucrative in California. With some hassle, you can own real estate in California and rest assured of profitable investment. Here are three lucrative real estate investments in California:

1. Commercial Malls — strip malls in California are a sound investment and an excellent source of commercial real estate for you. You can rent out the stalls for short or long periods for good income.

2. Hotels — with the influx of tourists annually in California, hotels are cash cows. Furthermore, it is a means for consistent cash flow.

3. Rental Apartments — although living in California may be costly, its reputation and safety speak well. Apartments in California are the top choices for moving families. Owning a rental property in California is very profitable for you.