Top Tips When Buying Investment Property in Los Angeles

Top Tips When Buying Investment Property in Los Angeles

Los Angeles gets a bad rap sometimes because of our crazy political climate, but it remains an excellent place to own investment property. We have a large, dynamic economy with strong, diverse demand drivers (weather, culture, entertainment, tech, defense contracting, finance, and so on). And, despite the best efforts of “Yes In My Backyard” types, it remains very difficult and expensive to build new buildings here. So, vacancy tends to be low and rents tend to rise over time. In addition, we have the miracle that is Proposition 13, part of th…

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