The price per square foot in LA is about 275-300 sqft so 1.5 mil would get your closer to a 5,000 sq ft warehouse.

Hello fellow BP members in La. I

@Hagop SandaldjianYou are in LA, I see.  

As for East LA I have definitely considered that area but being that this first property would be my primary residence, LA would not be an ideal location for me at this time.

Hi, I'm LaKesha and I will be leaving Nashville, TN and relocating to Baton Rouge, LA. I

I would have been in totally over my head on my first transaction without a realtor, perhaps especially in LA.  I

You would need an incredibly competitive rental market for that to work (NYC, LA). I

But one thing is for sure, LA is not a place that someone moves to get ahead financially or has a dream of owning anything.

LA is SO dynamic that we should really be spending the most amount of time weeding out the deals that WON'T work.

Hello Bigger Pockets Community,I was just wondering since LA is such an expensive market, what would be the pros and cons of paying a higher down in a well appreciating area to stay afloat with positive cash flow in places like Los Angeles.For example, my biggest struggle right now is finding a property in the greater Los Angeles area that will provide cash flow but at the same time not fall behind on appreciation in comparison to major urban areas like Koreatown or Downtown LA. I