04/08 Kwanza Jones Live Q&A
WHAT WENT DOWN
Q: What advice would you give someone looking to invest in real estate in Los Angeles?
Kwanza: Now, as some of you all know, I have a number of real estate holdings, residential, commercial, a lot of different things. Think about what your goal is with real estate. If your goal with real estate is for you to have a property that you can actually live in, and then just have it over time, start to increase in value... that's one way you can invest in real estate. Maybe, it's a property where you're able to rent out a portion of it, or maybe it's purely an investment.
#1 What type of real estate are you trying to invest in?
#2 Where are you looking to invest?
If you're saying it's in LA, drill down even more. I'd go even further. Is it a single-family property because it's residential? Maybe it has a guest home because it's residential? What neighborhood is it that you're trying to look in? What's within your budget or your price range?
Do the research!