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Updated about 4 years ago,
I Need advice on my first purchase
I am attempting to purchase my first property in the San Fernando valley in Los Angeles and I after reading Rich Dad Poor Dad and listening to countless episodes on here I am interested in purchasing a cash flowing property. I feel most comfortable purchasing a duplex or even an ADU, but I'm having a hard time finding property for a price in the valley where I can make a positive cash flow. Should I wait keep waiting until something potential comes up in the area, should I just jump in and buy a property so I can start building equity, or should I look in other cities?