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Updated about 2 years ago on . Most recent reply

Safe investments for all cash buyer
I am looking to purchase an apartment complex in Los Angeles. Target price being around 1 million. Most properties I’ve seen are in bad neighborhoods. Mostly east Los Angeles or Crenshaw area. Wondering if this is a safe place to park an all cash investment. Can’t help but think of detroit and all of the real estate investors that lost big there. Any advice is welcomed.
Most Popular Reply

@Frederick William No experience but you want to buy a million dollar multi-family property?... These two things don't go together.
We all started from somewhere but I encourage you to read, learn, engage, and understand the basics of REI. Investing is math, experience, networking, and solving problems. Without these pieces you'll struggle.