I was looking into a similar situation in Los Angeles this past year.

It is a 3-plex in Los Angeles, purchase price $755,000, rehab is $100,000 max( hasn’t been updated since 1945), with an ARV of $1.1 million.  

(currently located in northern Los Angeles)Im getting the feeling like what I am doing is either the lazy way or the stupid way of hunting.

So my wife and I have been to Vienna, Budapest, Los Angeles and Denver this year.

Los Angeles would be my most preferred destination because who doesn’t love California?

I do all of that and more expect for some of the bids a those don’t take long to get and I pretty much know what they are anyways since I do a lot of these.The risk with this is if somehow seller can’t deliver clear Title, then you are out these expenditures but that is rare.Not sure about your area, but here in Los Angeles, I can have all the plans completed and submit to B&S (building and safety) before being on Title but to actually get the project to RTI, I do need to show I am on Title or get notarized approval from seller to submit to City.I typically make my offers with closing dates of 10 Days but I love it when sellers need 30 or 60 Days to close as that saves me holding costs while I do all the plans and City submittal/clearances.

Hello,

I am looking at a property in Studio City. I got some reports and there seems to be structural damage due to flooding from a water main in the area.

Can anyone recommend a structural engineer to walk the pro...

My short term goal is to find a multifamily home near Los Angeles that I can house hack with my boyfriend right out of college.

I live in Los Angeles, but I'm most likely going to invest out of state.

We're looking to expand with several new 1 bedroom & 2 bedroom apartments or 3+ bedroom houses in popular areas of Los Angeles & San Diego.