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Updated almost 4 years ago,
Seeking Advice on Areas of LA County Good for Rental Property Inv
Looking to buy either a single family home (up to 600k) or multi family property (up to 750k) in LA city or elsewhere in LA county.
My monthly costs are estimated to be $3,100 a month. Just began my search, but finding that in many areas the amount I would charge in rent would not meet my monthly costs or barely match it.
Does anyone have any recommendations on neighborhoods or cities in LA county where I'd be able to at minimum comfortably cover my monthly costs with rental charge?
Also want to note that this is not a property I necessarily plan on living in, but rather just an investment.