Do you buy deals off MLS in Los Angeles?

[Anssi Viljanen]

Do you buy deals off MLS in Los Angeles? Im getting the sense that lots of rehabbing in LA is value-add (master suites etc.). That leads me to think that LA might not be a bad city for finding deals on the MLS. However, it is a sellers market so the competition for any given house might be quite extensive. I dont't know. What is your opinion? Is MLS a viable place to source deals in LA?

[Alex J.]

Originally posted by @Anssi Viljanen:

@Alex J. I appreciate the comment. Let me ask another way. Is MLS good use of time if you are investing in LA?

Yes absolutely...and MLS is just a place to list a property...you can offer anything lower or sometimes mls list doesn't include add value you can think of doing vs another buyer.

I've never bought off market or wholesale all I've bought was on the MLS it just comes to getting a deal right for both parties