As Jenn and Ryan prepare to move out of the LA area we are in the process of setting up some time to look at real estate in that area. According to many articles, there are some excellent, albeit long-term, opportunities for making large returns on distressed properties in some excellent areas like Signal Hill, LaVerne, Hidden Hills and West Holywood.
This all may sound crazy, and we do love the Bend area, but this would give us a project we could really sink our teeth into, and Lord knows we have plenty of experience with having to refurb and remodel houses.
In talking to our investment advisers they seem less than enthusiastic about the prospects, but I assume that is because we would be moving a LOT of money away from them to California, so they are not exactly the most objective people at this time.
SO - more later!
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