Updated almost 4 years ago on . Most recent reply
You too can own property in LA!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $21,000
Bought this property with my business partner in the middle of the Pandemic. It was a tough year leading up to it, had to make sacrifices and cut down on personal expenses. It included a long journey of fixing my credit score, going to check out houses for sale, deciding to wake up early and spend my money on gas to drive around instead of going out on the weekends. 10/10 would do it all over again. Currently the cash flow is not enough to retire off, but I see endless wealth in the near future.