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Los Angeles:Investing in Real state multi-unit building

July 12, 2011 by PeterGreijn

2. It is up to you. You need to figure out for yourself what your strengths & weaknesses are, and what your short-, medium-, and long-term goals are.

3. Stay away from rent-controlled areas.

4. A good deal on a 2-unit building is better than a bad deal on a 4-unit building.

5. Look for upside. If the rents are maxed out given the neighborhood, then there’s no upside.

6. You probably won’t be meeting with the seller face-to-face, but if you are, I’d find out his motivation(s).

BiggerPockets Forums

Filed Under: Investing Tagged With: AngelesInvesting, Building, multiunit, Real, state

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