All Forum Posts by: Ilya Polyakov

@Bill F.

LA

@Russell Brazil But surely there must be SOME effect? Would an impeachment not lead to financial uncertainty and thus some sort of correction? I'm not saying it wouldn't recover, but still?

Definitely NOT trying to spark any political talk. Just wondering folks’ opinions on what could happen to the market if the president did get impeached. I live in SoCal and am actively looking for a multi-family investment in LA and Long Beach. Obviously it's impossible to time the market, but a looming impeachment feels like a pretty significant event, so I'm really curious how (or if at all) it would affect things. 

Thanks all!!

Hey Ryne, welcome! I'm from Socal, and just getting started as well! 

That makes sense, Jaysen, thanks!

I live in Los Angeles, where I have a lender I like and have worked with previously on the purchase of my home (my primary residence, not an investment property). I am interested in investing in rental properties in a more affordable market outside CA, and am wondering if it is necessary (or advisable) to seek lenders in those markets, or if I can stick with the lender I already have a relationship with? Why or why not?

Thank you!!

Thanks, Anthoney! Started listening to the podcast a few days ago, as well. Great stuff!

Hi all! Brandon Turner's Book on Rental Property Investing brought me here.

I am 32 years old, married, and have been living in Los Angeles for the past 11 years, where I work in the film industry. I own my condo just outside Culver City, which I bought in March 2015. I've seen what an incredible investment that has been, and have been eager to continue my investing journey for some time, but have not known where to start. The incredibly high cost of real estate here in SoCal has been really discouraging and has forced me to say "it's just not gonna happen."

Then I read Rich Dad, Poor Dad and it really encouraged me to grab life by the balls and start asking "how can I make it happen." I have a nice nest egg, and would like to make some smart, creative decisions to put my money to work, but have hitherto lacked the knowledge necessary. So I've decided to read as much as possible and educate myself on every little thing I can, which is why I am here!

I am hoping to meet some great people, learn from others' experience, and soak in everything I can. From some cursory looking around this seems like a great place already, so I'm excited to really dig in in the coming weeks!

Cheers!

Ilya