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Updated almost 8 years ago on . Most recent reply
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Los Angeles County MFH - so temping
I have been looking at Burbank/Pasadena/Glendale, and find some of the MFH so temping...
For a budget of $2M ish, there are quite some good choices... At least comparing to Bay Area....
For example, 5 unit non-rent control in Burbank for $1.7M, on a really nice street... Boy, so temping.....
Most Popular Reply
$340,000 per unit. Ok great so each unit will bring in rents of $3400 per month right?
Word of advice - try not to compare an extremely over priced rental market with an even higher priced one and call it good.
Sorry, I'm sounding kinda rude. Actually just trying to help. I went thru the same thing several years ago until I realized this, which is now my motto:
Live where ever you want but Invest ONLY where it makes sense...