Tremendous Opportunities for International Buyers Looking to Buy in Los Angeles
A large segment of the Rich Kids family of buyers are from overseas looking for investment properties to purchase in Los Angeles to build their global real estate portfolio. While the strength of the US Dollar is an a “transitional period”, many international clients are finding tremendous opportunities in the LA real estate market. There is even further value when paying with cash. The tired saying, “Cash is King” rings true here 100% often beating out bids on the same property with higher offering prices.
Because of LA’s vast appeal, buyers can usually command high rental prices on relatively inexpensive condominium purchases. I have about 5 buildings in my back pocket that are tried in true in the rents that they garner and are incredible values. A typical unit in one of these buildings might sell in the low $300,000’s while yielding rents of $2100/month or more and the numbers have been on the rise as of late. They key to making this work: location, location, location!
The Rich Kids International Network – We Go Where You Go!
For the Rich Kid who just can’t stay put, we are in partnership with top agents around the world to offer you an international buying experience like no other. From London to Rio and everything in between, we are here to advise you every step of the way. We can and will travel with you to find that perfect pad regardless of where it is on the map. Please contact us directly for more information about this program: connect@richkidsrealestate.com
