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Updated over 8 years ago on . Most recent reply

Carlos Espinoza's profile image
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Carlos Espinoza
  • from Los Angeles/Orange, California
  • Member since Oct 12, 2016
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Carlos Espinoza's profile image
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Carlos Espinoza
  • from Los Angeles/Orange, California
  • Member since Oct 12, 2016
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Carlos Espinoza
  • Los Angeles/Orange, CA
4
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Los Angeles County Real Estate Forum

BRRR in SoCal

Carlos Espinoza
  • Los Angeles/Orange, CA
Posted

Hello everyone, I am new to BP and been truly amazed on the wealth of knowledge from this site as well as the podcast.

Just was wondering if anyone has had success with the "BRRR" technique in SoCal?

Los Angeles County, California
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Max Gradowitz's profile image
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Max Gradowitz
  • from Bakersfield, CA
  • Member since Apr 29, 2016
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Max Gradowitz's profile image
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Max Gradowitz
  • from Bakersfield, CA
  • Member since Apr 29, 2016
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Max Gradowitz
  • Bakersfield, CA
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Max Gradowitz
  • Bakersfield, CA
Replied

BRRRRs are going to be difficult to find in the greater Lost Angeles and San Diego areas. Possible perhaps, but the property values and rehab costs are so high, and the rental market doesn't support good cash flow to make for a good BRRRR. Your best bet for BRRRRs in SoCal would be in Bakersfield or maybe the Lancaster/Palmdale area.

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