According to the website, "This incentive program offers homeowners optional financing, design, permitting, and construction support to build a new ADU in the City of Los Angeles.

That said, I just bought a new house in Los Angeles during the holidays... purchased it ALL CASH instead financing as the sellers needed to close asap. 

@Carter WongSan Francisco, Hawaii, Los Angeles, Seattle, Boston are examples of primary markets which are NOT ideal for cashflow investing.

There are definitely laundromats that net far more than that in my market, but I'm in Los Angeles, which is essentially the laundromat capital of the world haha.

My name is William and I'm a real estate investor and broker out of Los Angeles.

Trying to find like-minded people!

New to the area and coming from Los Angeles CA, where property values are laughable to millennials like myself I’m interested in REI possibilities near Rochester Hills / Detroit MI.Please feel free to share below.

Investment Info:Large multi-family (5+ units) buy & hold investment in Los Angeles.

The challenge of looking for investment property in Los Angeles is the sub-par return.

Not to steal Elon’s thunder, but we just look for sharp, committed people with common sense and a burning desire to build a career in real estate private equity.We’re in Los Angeles.