All Forum Posts by: Jason Kang

@Rory Coyle

Thank you for that! From what I've seen in the past two months of slowly learning, I think finding a house hack with the FHA loan in LA will probably be a great first step in a crazy market like Los Angeles. On that note, however, would having this house hack help me in any way for cash flow (assuming I'm roughly breaking even on rent/mortgage)? Or is it really just something for having somewhere to live + for appreciating value?

Second point: As I just mentioned before, cash flow is without a doubt the most important goal that I want to reach (as I'm sure long term wealth will follow, given that I hold onto some properties).  And as I'm writing this now, I'm wondering: would house hacking just slow me down in that chase for cash flow?

Hi all,

I live in the general Los Angeles area (probably not the ideal place to start) and I'm looking to get started in real estate.  For someone like me in their early/mid 20's, would it be better to:

1. Look to buy a home and attempt something even remotely similar to a house hack (if it's even possible in LA), or 

2. Try to look for an investment property (whether it be a short term rental or long term rental etc.).  

Or anything else?

Any thoughts, opinions, and advice would be greatly appreciated!