Updated 1 day ago on . Most recent reply
Starting out in LA / Vegas
Hi! After several months listening to the podcasts, wanted to start taking steps to investing in real estate. Feels intimidating, but here we go. Based in the Valley / Northridge right now, but investing in California right now with my money/savings feels out of reach. Spent more than a decade living in Vegas and still have connections there, so was thinking about starting investing there. Would like to meet anyone here who does that -- or who has insights into how to make California work as well. Thanks, all!
Most Popular Reply
#2 House Hacking Contributor
- Real Estate Agent
- Los Angeles, CA
Hey Jacob,
I started with house hacking before moving my money out of state. I never would have been able to do it otherwise. I currently house hack (not for long) near where you are now and leveraged my current property to buy more.
I would consider house hacking first. It gets your feet wet with bigger loan buys downs and bigger dollar appreciation (3% on $1M versus 3% on $100K).
Happy to talk through it.