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Updated almost 5 years ago on . Most recent reply

User Stats

18
Posts
3
Votes
Tommy Bridwell
  • Rental Property Investor
  • Atlanta, GA
3
Votes |
18
Posts

Fairly new - Help with this deal!

Tommy Bridwell
  • Rental Property Investor
  • Atlanta, GA
Posted

Hey guys, as mentioned, I'm fairly new to the REI world. I decided to try and put together an example deal for a property in my city (Los Angeles). This is a simple rental property calculation, but it comes back looking like a pretty bad deal. In fact most of the sample deals I've been trying to put together look pretty bad. Is there anything I may be missing? This is considered a "cheaper" property in the city of LA and this price point is something realistic to what I'm looking for. Any help is appreciated!

2 bed 1 bath - Los Angeles

- Tommy

Most Popular Reply

User Stats

593
Posts
298
Votes
Nabil Suleiman
  • Real Estate Agent
  • Los Angeles, CA
298
Votes |
593
Posts
Nabil Suleiman
  • Real Estate Agent
  • Los Angeles, CA
Replied

@Tommy Bridwell

Hey Tommy, When I click the link it only loads a grey screen. But if you are looking at LA as a purchase to rent as is it won't be pretty hard to find something here that cash flows. You generally will need to find something that needs major repairs or would need to have a value add component to it in some way. aka adding square footage, creating a second unit with an ADU. Additionally are you looking to be owner occupied or are you buying it as a investment property, and how much are you putting down?

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The CSSA Group | Nabil Suleiman
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