I know that house price in Southern California is pretty high. Not sure if it is a good idea to invest rental properties in Los Angeles area. This is probably the only place I am familiar with. Should I invest here locally? Or turn to a higher rental ratio area. Thanks!
Los Angeles · Member since 2020 · 31 posts · 15 votes
6y
Hello! I think it depends on your goals. Is this for long or short term? Are you looking at a cash flow or appreciation play? Will you be adding any value to the property? What cities/areas are you looking in? What is your budget?