Actively Investing in Southern California?

[Nathaniel Davis]

Is there still value in the SoCal Real Estate Market? If so, what do you look for in an investment opportunity? (e.g. price point, location, SFR, or Multi Family)

[Jason Hsiao]

I call this playing moneyball in real estate. Look for properties that are sitting on the market say 21 - 30 days and see if you can put your negotiation skills to work. Look for properties that fell out of contract. Some properties that are ugly ducklings ready to be turned into an all star!

We just found a place that's $83k below fair market value and $171k below what Redfin and Zillow says if you believe that kind of stuff haha. It was a Zillow iBuyer home and they weren't showing and marketing it well.

Also in contract to purchase a duplex to add two ADU's in the $800's and the exit is $1.6-1.8m in silver lake echo park area.