Wanting to live in Los Angeles can be an intimidating prospect.
After all, the city is often thought of as a paradise exclusively reserved for multimillionaire movie stars. However, this is not strictly the case, though the elite are many in number. People of all kinds and backgrounds are welcome in LA to share in the extravagancies and luxuries, and there is certainly a home for everyone here.
Therefore, here are a few quick tips to help you find the right property in Los Angeles.
Location Strategy
Los Angeles is a tourist hotspot, meaning it is also a hub of culture and things to see.
For example, Time Out magazine have provided an intricate City Guide of Los Angeles, detailing all the tourist attractions and must-do experiences to try. If your property is located nearer to any major landmarks or iconic hospitality businesses, then the prices will undoubtedly reflect that. Glorious, sweeping views are also common in LA too, so costs will get a bump there also.
Therefore, if you are looking for a property in Los Angeles, starting with your location strategy is the best way to go. Do you want to wake up with the Griffith Observatory towering over you, or would you rather be tucked out of the way? Living on out the outskirts could save you money, or you could spend a bit more to be more conveniently and luxuriously located. It is all down to your personal taste and finances, but there are certainly options, so it is important not to feel outpriced or outclassed. Do your research, and you will find the property that is exactly right for you.
Flexible Renting
For some people a property is more temporary, a quick base or a starter home before they buy.
To ease yourself into LA life, it is a good idea to consider renting apartments in Los Angeles. Apartment Guide lists a great range of properties for you to browse. Not only this, but their website provides 3D viewing technology, meaning that you can digitally transpose yourself in the space and look around. There are a great range of properties to browse here in a flexible price range, with special deals and pet friendly offerings aplenty also.
Renting is a great option if your move is perhaps more temporary or experimental in nature; for example, if you are giving yourself a year to try and be the next great movie star, or to make your dream business work. If you are a fan of having a life free of hefty contracts and lifelong commitments, these arrangements can fit in with that kind of lifestyle too. You can enjoy more luxuries than you can normally afford when renting also, so there is plenty of appeal to go around here!
Tenancy in Common
Los Angeles has a reputation for being incredibly expensive, especially when it comes to buying property.
However, there are ways to make it easier on yourself. In 2019, CNN reported on a man who bought his dream house in LA with complete strangers, a growing trend among people looking to get on the housing ladder quickly. This is what is known as a tenancy in common, where multiple co-owners live under one roof. You save money, make friends, and score your dream property all in one go.
There is some rough with the smooth, however, such as negotiating bills and sharing responsibilities both domestic and financial. However, so long as everyone is friendly and mature about matters, the arrangement will be enormously beneficial for all parties involved.