As part of our broader strategy of buying homes in high growth markets, we’ve directly acquired a three-bedroom, three-bathroom home in South Los Angeles for roughly $736,000.
Business plan
Following the completion of minor renovations, we intend to rent the property for seven to ten years before putting it on the market. The goal is to earn consistent cash flow from rent payments while capturing what we believe will be continued strong appreciation in home values in Los Angeles emerging neighborhoods.
