Newbie looking to network in the Greater Los Angeles Area

[Michael Meagher]

Hey everyone,

I will be moving to Los Angeles at the end of June 2019. I’m green to the industry and would love to meetup and chat with some experienced investors on the residential side of things. Please feel free to reach out. Coffee is on me!

[Michael T.]

@Michael Meagher the Los Angeles area is a great place to live!  It's expensive but it has everything you want and you can't beat the weather.

A majority of people in Los Angeles rent so those who own multi units are in a great position.  

The Los Angeles market is not necessarily a cash flow market.  The reason investors invest in the Los Angeles market is for appreciation.  

My recommendation to my clients who want to house hack are; 

- Expect to pay something for your mortgage, you are most likely not going to live free.

- Plan on paying down your mortgage

- Plan on achieving appreciation and if purchased correctly appreciation can occur very quickly

If there is anything I can do to assist please let me know.