Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

2
Posts
0
Votes

Is it worth buying a Multi family in Los Angeles County

Veronica Solorio
Posted

Hi, total newbie here so apologies if this is answered elsewhere. Briefly, 35F, married to 33M, both ER physicians. Currently, living in Houston but planning to move back to California in 2-3 years. We are well compensated but will take a pay cut moving back, I’d guess a combined income of $500k/yr. My student loans will be paid off and his will hopefully be forgiven after 10 years of public service. I would really like to live in the South Bay but don’t want to be house poor. Wondering if it is at all advisable to buy a multi family property in a less expensive neighborhood and then hopefully purchase a “forever home” a few years later. Or should we just save the down payment, buy the forever house and invest in stock rather than trying to invest in LA real estate hoping for passive income later? Hope that makes sense and thanks for reading! 

Loading replies...