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Multi-Family and Apartment Investing

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Mario Lara
  • Torrance, CA
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Deal Analysis on Multi-family in Los Angeles

Mario Lara
  • Torrance, CA
Posted Mar 5 2015, 13:55

Hi,

I have been trying to find a good deal (something that cash flows) in a good or at least decent area in Los Angeles for a while but I have yet to find anything.

(The cities I have look into are: San Pedro, Long Beach, Harbor City, Torrance and Lawdale)

Everytime I do the analysis, I come short and instead of cash flow, I have to pay out of my pocket.

I'm a new investor but I have studied the process of buying rentals for a while and I have a very good understanding of the complete deal analysis.

Any suggestions or advice on what I might be doing wrong will be great.

Or is it that the Los Angeles market is too expensive and there are not too many properties that have possitive cash flow in them?

I'm now thinking of investing in other states

Thanks

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