Asked by Kylee Darcy, Los Angeles, CA • Fri Nov 25, 2011
I'm moving from SF to LA & my parents are helping me buy a property. I want a place I'll enjoy living in for at least a few years and rent out or re-sell for a profit later. My dad does construction so a fixer would be great. I think the neighborhood is most important--a place with plenty of cool shops/cafes/bars, that has character & growth potential but isn't so shady that I'd feel unsafe. So far I'm interested in North Hollywood, West Hollywood, Los Feliz & Silverlake. I don't know LA very well though, so I could use advice about this. Also, what are the pros / cons of a Condo versus a single family home? I imagine a single-family fixer has a higher turn around potential if we put some work into it, but a condo appeals to me because of the security, the facilities, & (unless I'm wrong) a more urban/less residential location. I really appreciate any help I can get!
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