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Updated about 4 years ago on . Most recent reply

Lucy Tashdjian's profile image
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Lucy Tashdjian
  • from Canoga Park, California
  • Member since Feb 25, 2016
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Lucy Tashdjian's profile image
Lucy Tashdjian's profile image
Lucy Tashdjian
  • from Canoga Park, California
  • Member since Feb 25, 2016
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Lucy Tashdjian
  • Canoga Park, CA
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Starting Out

Purchasing an Investment Property with 60k

Lucy Tashdjian
  • Canoga Park, CA
Posted

I live in Los Angeles and have 60k cash to invest. My goal is to live off of passive income. I know LA is more of an appreciation market vs cash flow so I am thinking out buying a SFH out of state and renting it out.. maybe Arizona.

Curious to know if this is a smart move or if there are other strategies I should consider. 

Thank you!

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