Cash Flowing Multifamily Los Angeles

[Wiley Strahan]

Hi All, I have been looking at some properties in Los Angeles (Long Beach) and I keep coming up with calculations that yield me barely any cash flow. [they are 3-4 units] My question is, is this to be expected in LA? My realtor seems to think that most investors don’t cash flow until a few years in , but I have also talked with others and they are definitely finding properties that cash flow especially when the markets below rent. Am I on a wild goose chase for cash flow or is my agent right about having to take loses or break even for a few years? I am guessing many of you will say it depends, but I am just trying to level set. Thanks!