I live in Los Angeles but the real estate here is way out of my price range.

In Los Angeles, you really won't find a multifamily that will cashflow while you're living in it.

Hi everyone,I was wondering if anybody had luck buying a house on a rent to own or seller carries the note basis in a large market like Los Angeles?

This means, simply that if you want to flip, make sure you're looking at a blue-collar city that's a little more resistant to covid-flight or the suburbs around those white-collar cities where people are fleeing to.Second, and more broadly, many experts will tell you (and I am no expert, so take all of those post with a grain of salt), that the best way to "win" at real estate is to be flexible in your exit strategy.

Your tenant base will be blue collar and maybe amazon workers vs young professionals and students in the city so the expenses will reflect that. 

First one I got  I knew I did not have a transaction that anyone with and Las Angeles address would be handling.. 

The biggest decreases:San Francisco: -11.1%seattle: -7.4%New York: -6.9%Boston: -6.0%Los Angeles: -4%Nationwide decrease in median rent is

I live in Los Angeles where the housing market is insanely HOT right now.

The neighborhood ended up with the highest foreclosure rate in Los Angeles County at the time.

I wanted something with a good amount of universities and hospitals, relatively close to NYC, and a blue collar economy that might not suffer as much from suburban flight due to covid.