Hello BiggerPockets Family,I wanted to share my first purchase that I closed in LA back in August 2017. Now that the dust has settled, here is my story. I hope this reminds beginners like me that it is possible to pur...

Any tips for first time flipping if better to sub contract or hire contractor...

I've seen what's happening in South Los Angeles I am intrigued as to what folks think about these areas, as somewhere to check out next.

Lakewood, Long Beach, cypress, los al.... we’ve looked all over.

I've been researching and studying the market in my area (Los Angeles) for a couple years now and have hesitated to make the plunge on any purchases.

The Los Angeles market (specifically San Gabriel Valley) is very expensive. 

@Dan D.As a fellow investor in southern ca, my advise is that out of state route is good if you can scale to 10 or 15 properties rapidly. if you are only interested in two to three rentals, save these downpayments and invest in area two to three hours away from bay area like bakersfield, fresno, sacramento, patterson city etc.Its not worth your time and hassle with pm companies for two to three rentals in out of state scenario.i can still find decent cap rates within area two hours away from los angeles in multi family my two cents...

., according to Zillow.Another research firm, SmartAsset, recently figured the average monthly rent payment in Memphis to be $769.While more than half of Memphians now rent housing, that figure is still well below the more than 60 percent who rent in Miami, New York, Los Angeles and in the San Francisco Bay area.Of the top 50 metros, 29 were comprised of majority renters (more than 50 percent) in 2016, up from 16 cities in 2006."

I was just wondering if a house hack would work in a market like Los Angeles? 

I'm from Los Angeles, CA.Thanks for reading my intro.