Hi @Sam Newell,LA is tough in terms of cashflow.  6% cap rate is a good deal and most listings don't make the 1% rule.

(I will either be moving to tarzana or west LA).I guess my question is two fold.

I feel that LA is just way too big.

Of all the houses and condos I've looked at in LA, I haven't see a situation like that. 

I moved to la from dallas this year and am still wholesaling in dallas from la! I

Hi, my name is Ety,  live in west LA, work as a licensed structural engineer, building large developments for others, and have always been contemplating investing myself, just always thought I could not afford it especially in LA. I

If you are interested in numbers here is one to consider beforehand, LA is #1 in the nation for total returns flow+equity since 2000.

Renting in LA is a no-brainer to me, I can live where I want to half the cost of owning, plus I have tenant's rights!

It frankly ticks me off when I see listing agents doing 2 or 2.5% commission for the buyer's agent and keeping more for themselves, when I know the BA works a hell of a lot harder than the LA. I

A couple of things i think about is that LA is getting to expensive and i have seen a lot of people move out to LV over the years and they have be n doing great for them selfs.