Price to Rent

[Alexandru Guna]

Hello Everyone,

I'm a newbie at real estate investing and have been looking for an excellent deal to purchase in the Los Angeles area. However, to no surprise to anyone, LA is a saturated and overpriced area.  After a few months of searching, I realized that finding a good deal is quite challenging. Therefore, I have decided to change strategy and focus on LA's outskirts. There are many factors that I was taking into consideration in my decision to purchase an investment property. Still, some of the factors I prioritized are the price-to-rent ratio and decent location with the potential for future appreciation in property value.   I started doing some research on my own and hit a wall. I wondered if anyone had any recommendations on a LA outskirts area with an excellent price-to-rent ratio and potential for future appreciation due to population growth and economic opportunities.  Also, I ran it by the agent I was working with and was not getting much help.  So other than finding another agent, I was wondering, even if there are no specific recommendations, maybe someone could guide me in the right direction or provide resources to further research I can do on my own.

Thank you, everyone, and I appreciate your input and am sorry for the longwinded question.