Investors in Los Angeles are advised to buy triplex foreclosures and other types of foreclosed homes now before prices shoot up. The median price in Los Angeles County spiked by 12.5 percent to $332,000 in March.
Los Angeles foreclosure investing in single-family or smaller multifamily properties for rental is viable even during the downturn. Smaller multifamily properties acquired at lower prices can turn up a decent income for medium-capital investors.
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