Now that Los Angeles home prices have largely rebounded back to their former grandness as investors and other home buyers agree that Southern California real estate is an excellent investment, most Downtown loft and condo buyers must pay substantially more monthly toward mortgage principle, interest, taxes, interest, homeowners assocation dues, maintenance and other expenses than they can receive in rent.
There are good reasons to invest in Downtown with an initial negative cash flow. DTLA has doubled in size in 10 years, transforming from a neglected drug den to what is now an exciting, new playground for the wealthy and middle class. Nevertheless, some investors and prospective homeowners who simply cannot afford to bear the burden of a negative cash flow at this time. While we can’t go back in time to instant positive cash flow days of 2011, there are still some properties in Los Angeles that offer instant positive cash flow with rents higher than the monthly payments.
Now you can find real estate investments in Los Angeles and nationwide by searching for a city or zip code. A new technology will display properties that have the highest potential returns. Enter your specific investment criteria and let the new technology go to work.
New platform has a Mobile-Friendly user experience that works on all browsers and all devices. When new properties hit the market that match the saved search criteria, the user is alerted. It is easy to use, even for first-time real estate investors. It has more than 1.7 million active listings for sale nationwide.
Know at a glance if the property will be a the type of investment that you are looking for.
Find homes in Downtown Los Angeles:
LOFT & CONDO LISTINGS DOWNTOWN L.A. [MAP]
Corey Chambers, REALTOR®
Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.