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8 November 2018 | 5 replies
Welcome @Alex LeeBest advice I can give as a newbie myself is to first decide where you want to invest, since LA is so expensive maybe look a little further out but somewhere close enough you can easily drive in an hour or 2.
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28 August 2018 | 20 replies
LA is a cool town and I understand wanting to live there.
30 August 2018 | 23 replies
Originally posted by @Ray Lai:@Srini RamkumarYou gotta know your numbers because projections from turn-key providers are full of rainbows and cupcakes.
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9 June 2019 | 37 replies
Despite the fear mongering, average evictions in LA county are 3 to 6 weeks but part of the idea with LA is you might have less evictions to begin with...jobs, growing economy, tight inventories, competitive tenants, low vacancies etc...In a nut shell, the appeal could be substantially more profits with less hassle if compared to other locations on a longer term hold.
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24 April 2019 | 16 replies
So that gives you some freedom and options, you do not have to do a 1031 so less pressure.Depending on how much you make on that determines what you do once you get to CA.I would simplify your life and move to CA first and rent, dont buy anything until you know and are clear on your objectives.An average 4 plex in So Cal is hitting $1.5m - really tough to make that work. 4 units in LA is really out of whack.And do the "rent where you live and buy where you rent" much better approach than trying to buy $1m dollar shack in LA.Palm Springs is interesting and you can find some decent priced properties and some work as an AirBNB so that is interesting but I would run you calculations on standard rents and not base it on Short term rentals.
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24 April 2019 | 1 reply
In LA, I haven’t seen too many listings from Redfin, probably because people realize they aren’t saving that much money with them.
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27 April 2019 | 5 replies
Bakersfield has the ability to bring in new jobs, and is steadily attracting commuters (even with a 2 hour commute each way to LA). I
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24 April 2019 | 4 replies
While this offers the most favorable terms, my PML is in LA, I live in DC, and our property is in GA - so we'd have to do a double remote close which definitely will add to closing costs.
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12 June 2019 | 4 replies
I am searching for BRRR financing in LA. I
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5 January 2019 | 3 replies
Funny, I was born and raised in and around Mamou, LA. I