Investing Strategies Los Angeles Market, So Expensive

[D Taylor]

Hi Guys ,

Long time learner/ lurker and first time poster. Im sure this has been brought up in the past, but what is the recommended strategy in SoCal? This is our first investment and we're literally pulling our hair out due to how overpriced properties are in the metro and surrounding areas. So far we've come up with an investment property in Lake Arrowhead or Big Bear, a multi family (2-4 units) in the IE or even as far as Palm Springs. Or SFR in L.A. county ( fixer in a decent area). We have a 90k as a DP and that doesn't seem like enough to find a good deal... locals please help.

[Alvin Sylvain]

The recommended strategy in SoCal (or my recommended strategy, for what it's worth) is to invest out of state.

$90K will buy an entire duplex, all cash, in some parts of the country.