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Updated over 7 years ago on . Most recent reply

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Arthur Voskanyan
  • La Jolla, CA
11
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96
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REI in Metropolitan Area- Downtown

Arthur Voskanyan
  • La Jolla, CA
Posted
What would one recommend investing in a Major downtown, metropolitan area, like downtown LA or SD for generating positive cash flow? And a possible appreciation? I mean ‘location, location, location’ but you have HOA. Wouldn’t downtown be the best location? You have the jobs, infrastructure, bars/clubs, vs a MFH somewhere more inland, where it’s more quite, with low crime rates, schools, etc?

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4,365
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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
1,249
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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
Replied

Arthur Voskanyan Who told you there is positive cash flow in metro areas? Well, yeah, buy it free and clear with cash and it will surely cash flow. I assume you have that much to ask these kinds of questions.

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