Los Angeles County Real Estate Forum
-
All Forum Categories
-
Followed Discussions
-
Followed Categories
-
Followed People
-
Followed Locations
-
Market News & Data
-
General Info
-
Real Estate Strategies
- House Hacking
- BRRRR - Buy, Rehab, Rent, Refinance, Repeat
- Commercial Real Estate Investing
- Mobile Home Park Investing
- Innovative Strategies
- Multi-Family and Apartment Investing
- Land & New Construction
- Wholesaling
- Rehabbing & House Flipping
-
Short-Term & Vacation Rental Discussions
presented by
- Tax Liens & Mortgage Notes
- Medium-Term Rentals
- Buying & Selling Small Businesses
- Outdoor Hospitality
-
Landlording & Rental Properties
-
Real Estate Professionals
-
Financial, Tax, & Legal
-
Real Estate Classifieds
-
Reviews & Feedback
Multi-Family Cash Flow possible in Los Angeles?
BP Community,
Has anyone has success in acquiring Multi-Family properties in the LA area that cash flow upon purchase? How did you find these deals? Am I going to have to suck it up and buy a property that operates at break even or a loss until I can raise rents or can I find cash flow gems? Are there particular sub markets to focus on to give me a better chance without worrying about a buying in an unsafe area?
The market is so hot right now, most properties are being sold based on proforma or have unrealistic asking prices. I have cash and the desire to purchase, but having trouble finding good deals. Any advice or thoughts on this market would be appreciated!