South Bay MF Advice and Agent Recommendations

[Vivian Huang]

Hi everyone,

I'm a new investor from Los Angeles looking to buy and hold a 2-4 unit in "South Bay" and surrounding areas (Inglewood, Hawthorne, Gardena, San Pedro, Long Beach, Lakewood, South LA, etc). Most likely looking for value-add properties so I can build equity and force some appreciation. This investment would be with a partner. We intend to create an LLC together once we find a place and go into escrow.

Any tips/advice you guys have for looking in this area and/or creating an LLC would be greatly appreciated (I don't know what I don't know, right?). Additionally, my current agent is a family friend who I don't really jive that well with, so I'm looking for a new agent who is familiar with this area and with investment properties. Any recommendations are welcome!

As background, I'm a Southern California native. I'm currently "condo-hacking" and am super eager to get my first investment property. I would love to meet up with other local investors (I'm on the westside) and chat about real estate and/or podcast episodes. In addition to listening to BP, I LOVE the BP Money podcast, so I'm always down to chat about the FIRE life as well!