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Updated over 8 years ago on . Most recent reply

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Alyssa B.
  • Los Angeles, CA
5
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15
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Hello from Los Angeles

Alyssa B.
  • Los Angeles, CA
Posted

My name is Alyssa and I live in Los Angeles. I am a medical speech language pathologist looking to venture into the world of real estate investments. My immediate goal is to purchase my first property and rent the other bedroom/unit out. I'm looking forward to joining the community of real estate investors.

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73
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21
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Jay Dimacali
  • Specialist
  • Granada Hills, CA
21
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73
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Jay Dimacali
  • Specialist
  • Granada Hills, CA
Replied

Welcome Alyssa.  I would recommend getting preapproved with a loan broker to see what you can buy.  Then search out areas you would want to live in.  Think of your roommate as an employee.  You can pick who you want and deny the rest.  And I would recommend taking advantage of the $250k/500k tax free capital gains you can make and keep rolling it over to the next investment property and keeping from there.  Just some things I learned over the years...

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