Miami Dreaming? A California Investor Discusses The Pros And Cons Of South Florida Real Estate

In Episode 114, expert Peter Zalewski of Condo Vultures interviews John Aldea - the founder and president of the Aldea Homes Inc. in Sacramento, Calif. - for the "Real Estate Players Profile" about whether Florida makes financial sense for investors from California.  In Segment 1, Aldea discusses immigrating from Romania to California, tudying real estate at Sacramento State University and investing in California real estate since the early 2000s. Aldea also talks about expanding his focus to Texas and South Florida. In Segment 2, Aldea talks about his real estate business, that includes "fix and flip" investments, hard-money lending and infill development. Aldea also compares and contrasts the climate for real estate investment in California and South Florida. In Segment 3, Aldea discusses the outlook for California investors who may have come to South Florida during the COVID-19 pandemic, and whether these investors will actually stick around for future investments as the United States returns to some form of normalcy.  To send a comment, please email the podcast at [email protected]     Please be sure to patronize our advertising supporters: Condo Vultures® Realty, Condo Vultures® Condo Correction Tours, and CVR Realty.  Click here to subscribe to the Condo Vultures® Distressed Market Intelligent Report.