All Forum Posts by: Su Pak

I think that's life, bro ;) 

@Chris Kim yes, there are a lot more affordable opportunities in Bakersfield,Apple Valley, Eastvale, Perris. They're opening a lot of Amazon distribution centers in the Inland Empire - Apple Valley and Eastvale are recent ones. I couldn't find a house hack opportunity that would work with my income in LA and I got outbid numerous times by cash offers. So, I decided to pivot for a home in Claremont and partner with my brother. It's not ideal but I wanted to get started.

I was considering house hacking in LA and I couldn't make the numbers work, either. Plus, I couldn't beat out the cash offers on the properties where I could make it work. I made 10 offers in four months (all in South LA) and 9 offers were all beat out for cash offers at well over asking price. I did get one offer accepted but I backed out b/c the numbers still didn't make sense. I decided to focus on a slightly more affordable area (Inland Empire) and partner with my brother to make it happen.

Like @Aaron K. said above, you may need to adjust your expectations and strategy. Good luck! 

Thanks @Michael Smith for your reply. Your out-of-state perspective is helpful! 

@Derrick Dill and @Fernan Nava thank you for your insight! I appreciate your response :)

Agree with @Erin Colantuono! You should connect with @Jon Schwartz. He's been so helpful! 

Thanks for your insight, @Taylor L.!

Hi Edwin, I'm new to real estate investing and currently on the hunt for a house hack near Inglewood. Right now, it's hard to beat out all the flippers coming in with cash, but I'm still trying. I've also started to expand my search to Carson and Inland Empire. 

I'm currently looking for house hack investment in SoCal. I ran across this article today and it def scared me. CA may consider an eviction ban through 2021. CA investors, what are your thoughts?  https://www.nbcbayarea.com/inv...

Definitely interested. I work a W2 so I hope I can make it. Looking fwd to the details.