They were sued by the CFTC in LA in 2005.

It is the price you pay to learn from knowledgeable people sometimes.Wendy Patton just spoke at the REI Club of LA in Culver City so let me guess; she sold you on a class this weekend?

I'm heading to LA in about a month and just like last time I went there, it's on fire again.

@Omi c Thanks for that exampleAs I'm new and just out of grad school I don't have a credit history worthy of traditional financing but I was thinking of marketing for some seller finance options within the Bakersfield after I move to LA in August.

There are neighborhoods in LA in which over 20% of households have no car.

Will invest in Austin or LA in case anyone wants to chat.

@Nathan G. suggestions won’t work in LA in a rent controlled building.

At this point, you need to focus on what city to invest in and down payment needs.BTW if you go east from LA in riverside and san bernadino county, you do see cash flowing rentals in SFR and multi family

. @ Zachary Dosch: I prefer going South of Santa Barbara vs North since I would be closer to the city life, can go to LA in half an hour and closer to the shopping malls.

I purchased in Baton Rouge, LA in Jan 2020, tenant paid in April and PM said tenant will make May payment, however it will be delayed and split into two payments.