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All Forum Posts by: Frederick Sutton

Frederick Sutton has started 11 posts and replied 22 times.

Post: Impossible in Los Angeles?

Frederick SuttonPosted
  • Government Affairs Manager
  • Los Angeles, CA
  • Posts 23
  • Votes 4

@stuart Thank you for the reply and I appreciate the advice! Is it recommended to try and buy some M/F in one of the outer cities while still paying rent over here? Riverside, covina? I really do apprecaite the time you took to answer my post.

Post: Impossible in Los Angeles?

Frederick SuttonPosted
  • Government Affairs Manager
  • Los Angeles, CA
  • Posts 23
  • Votes 4

Hi my name is Fred and I am new to BP. This is a very cool resource. I have spent my entire life in Los Angeles and I am sick of paying rent to someone else each month. I can't say I make a lot of money but I have some money stashed away and would like to try and swing n a M/F property.

Are there any strategies that can result in positive cash flow in LA for entry level investors? I am not trying to be Donald Trump. I would like to cover my expenses and get a few extra bucks a month. Is this impossible here in LA? A duplex in a questionable neighborhood is 800K for pete sake.

Is it wise to try and buy something in Riverside or surrounding outter cities while still paying rent here in LA (Westside). Thank you for any advice or guidance.