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Updated over 1 year ago on . Most recent reply

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6
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1
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Roger Lim
  • Rental Property Investor
  • Los Angeles, CA
1
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6
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SoCal Newbie Introduction

Roger Lim
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hello Fellow BP Members! Just wanted to pop in to introduce myself. I'm a SoCal newbie in the forum. Looking forward to meet you all along my RE investment journey!

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302
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163
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Robert Reynolds
  • Real Estate Agent
  • Los Angeles, CA
163
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302
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Robert Reynolds
  • Real Estate Agent
  • Los Angeles, CA
Replied

Hi Roger, 

Welcome to BP. Ken, to answer your question there are still ways to make money in SoCal. If you can combine a live-in flip with a househack, you can buy properties that don't pencil out for traditional flippers and gain equity while not paying rent to a landlord. There are a handful of properties that could work for traditional, but it's usually 3-4 unit properties around $1.2 million. Would love to hear what everyone's strategies are. 

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