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Updated about 5 years ago on . Most recent reply

LA Area House Hacking
Hello BP! So as the title says I'm looking for a multifamily to house hack. I work in Koreatown and my wife works in Commerce. We are looking for something in between and are willing to consider outside of LA. Is it a bad time to buy though since we are in a sellers market and a rececession? What is your take on our situation? Thank you in advance for you input.
Most Popular Reply

I'm guessing you meant to put "not in a recession". We definitely aren't in one, and prices are quite high. Most likely it's a bad time to buy, but decide that based off the numbers rather than perceptions.
I just wrote this article a couple weeks ago-
https://www.biggerpockets.com/renewsblog/considera...
Hopefully that helps!