Los Angeles multi-family Appreciation

[Conor Murphy]

What neighborhoods in Los Angeles will be most effected by appreciation within the next 5 years? Specifically in regard to multi-family homes.

[Jeff B.]

Your betting on throwing 7's five times in row . . .  RE is cyclic and we do get down turns.

My advice is to look for properties which will bring a cash flow on day-1 (aka fully occupied multi-family unit).  

WHY? Because FMV may fall but until you sell it, it just doesn't matter. All the while, you keep making deposits at the bank