What investing strategies are working in Los Angeles?

[David B.]

Hi there! 

I’m a former LA resident who is interested in investing in the city - potentially to even find a new home there for myself. 

I’m curious what strategies local investors are using given the high price points and rates. I know the market has cooled off a bit, and I suspect there are probably some value add plays that are starting to pop up in quality areas. 

One strategy I was considering was finding a house I could live in flip - say in the 1.5 to 2 million dollar range - where I could force appreciation and potentially sell (or 1031) in five years. 

Would be very interested what strategies you’re using to have success in the current market. Thanks for your insight!