Updated almost 9 years ago on . Most recent reply
New Member from CA
Hey everyone,
I'm a new member from Los Angeles, CA and I'm looking to start investing in real estate. I plan on going to medical school starting in the summer of 2017, and hope to learn enough to make an investment by that time.
Depending on where I go to medical school, I want to invest in real estate in the area to live and rent out, or something out of state that I would just rent out. Any ideas on where I should start reading up? Thanks!
Most Popular Reply
Hi Pope! I'm in LA as well (Venice) and I've always gone the route of investing out-of-state for straight investment properties. Nothing around here will cash flow well, especially if you live in one of the units. Out-of-state is really affordable too. But if you are in it for a long-term play and can wait on appreciation, LA is typically good for that. Higher entry prices and likely to lose money each month waiting on it.