Investor · Los Angeles · Member since 2022 · 107 posts · 48 votes
I just finished their book and it makes a lot of sense, some good information there, but one major question I had throughout the book… The numbers that they give, for example seem ridiculously low ($80k to purchase a property?)
Is this realistic?? if so, must be a complete dump or in an absolutely awful area, no?
I live in Los Angeles, so I’ll admit obviously prices are out of control here, but even for other markets, it seems unrealistically low.
Just wanted to get anyone else’s thoughts on it. thanks!
I haven't read the book but its possible to find $80K properties in other cities. OH, PA, and other cities have properties in that price range. You definitely won't be able to find those in LA.
Hey John - One quick question - Are those 80k-100k properties you mentioned also accessible to Out of State investors? I've been sitting on a fence for a while with good chunk of savings in HYSA and been wondering how out of state investing works. Hope you can share some insights :)