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Updated over 8 years ago on . Most recent reply

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Michael Bogdanoff
  • Boise, ID
5
Votes |
5
Posts

New from LA! Interested in buying and holding out of state.

Michael Bogdanoff
  • Boise, ID
Posted

Hey Everyone! My name is Michael Bogdanoff. My wife and I are from sunny, Los Angeles California and are trying to get out! We are eager to get into investing and are focusing on purchasing a four-plex as an owner occupy for our first investment. Los Angeles has great potential but lack of capital and a growing resentment towards the congestion is motivating us to initially seek out greener, and cheaper pastures. 

We are really exciting about finding this site and can't wait to interact and learn as much as we can! 

Thanks!

Mike and Olga

Most Popular Reply

User Stats

1,142
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762
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Susan Maneck
  • Investor
  • Jackson, MS
762
Votes |
1,142
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Susan Maneck
  • Investor
  • Jackson, MS
Replied
  • I've been living in Mississippi for the last fifteen years but in my heart I'm still a California girl. I now own eight houses altogether in Mississippi but if I sold them all I couldn't buy one in California. However, I just had an offer accepted to buy a 2 bdrm 1 ba. condo in South Lake Tahoe for 110K with $190 HOA fee. I'll likely rent it short term, use it during the summer, then move in when I'm ready to retire (I'm 60 now.) Yes, I could buy three houses in Jackson, MS for that price, but Lake Tahoe is Lake Tahoe and I'm thrilled to find something affordable here.

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