What would they do with 350,000 USD in Los Angeles?

[Jorge Ramsés García]

I would like to know your point of view on how you would maximize capital by focusing on cash flow.

[David P.]

Cash flow is hard to LA..prices are too high to generate much cash flow. You could get 2 nice SFH in nice neighborhoods. SFH in nice neighborhoods with good school districts can easily go for over 3k/month rent. A 2-4 unit multi would be your best bet. I would still try a nice neighborhood though even though your paying a premium but you will get better tenants and better appreciation along the way. Appreciation is the game in places like LA or bay area. My monrovia duplex i bought for 665k in 2010 is now worth close to 1.2 milion so close to doubled. The rents were good and covered the expenses but not everywhere in the country will see a 2x increase in 10 year.