Im seeking advice from experienced investors buying at auctions (LA in partiucular) as to what type and to what extent they do due diligence on their target properties.

My neighbor is adamantly against cash-out refinancing because you are always keeping your balance sheet leveraged - therefore if any significant downturns happen you don't have ANY equity.He bought a duplex in LA in the 1970s.  

I purchased a condo in West LA in 2013 for $500,000 and now it’s worth about $680,000.

This is the reason why I'm looking into the LA market for apartment/homes.I am planning to move to LA in December or January with a few other people. 

He's moving to LA in a few months and renting out the 4th unit. so his rental income will go up to $3,580 and he will net around $2,380 a month from his 2 duplexes in Atlanta while he's pursuing his acting career in LA.

Aloha,Laine

I think for rental income, you need to get more creative in LA. In

Sure there are much cheaper places but there is a limit imposed if by nothing else that a door costs very little less in the sticks than in LA. In

Hello everyone, I am new to STR and just bought my first home in Desert Hot Springs, but live 2 hours away in LA. In

If you are planning to continue in your career, I would continue leveraging your high income to buy properties in historically strong appreciating markets like the parts of LA in which you currently own.