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Updated almost 6 years ago on . Most recent reply

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Min Sik kang
  • Los Angeles, CA
2
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How to start Real Estate investing in CA

Min Sik kang
  • Los Angeles, CA
Posted

I live in Los Angeles, CA and I do want to start Real Estate Investing in CA.  I realized CA is totally a different beast when it comes to purchasing Real Estate and I was pessimistic about doing Real Estate here in CA, but I changed my mind and decided to take the challenge and ask "how can I make it happen?"

I just need some recommendations on strategies or information on which areas are good places to invest.  

Thank you ahead of time for your input and response!

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Michael T.
  • Los Angeles, CA
279
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Michael T.
  • Los Angeles, CA
Replied

@Min Sik kang yes there are great areas to invest in the Los Angeles market and it completely depends on what your goals are for real estate investing.

Here in Los Angeles and Southern California in general most of the investment opportunities are in appreciation.  It is possible to cash flow here but it is much more difficult compared to out of state investing.

I personally invest in Los Angeles, Inglewood and Hawthorne for appreciation and then out of state for cash flow.

There have been quite a few posts over the last few years about how Inglewood has been through a gentrification process which has significantly helped the appreciation.  Hawthorne will see the benefits of the Inglewood gentrification over the next few years.

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