Dara Property

Buy a rental in Los Angeles, from your phone

Los Angeles is the second-largest metro in the US, and most of its households rent. Entertainment, ports, aerospace, and healthcare keep that tenant base paid. Dara lets you own a piece of it from abroad: the LLC, the financing, and a remote closing, handled end to end.

Texas is Dara's launch market. California opens as Dara expands to landlord-friendly states.

  • No SSN needed for the loan
  • Qualify on the home's rent
  • Up to 70% financing, terms vary
  • Typically closed remotely

Where most households rent

Most households in Los Angeles rent. That single fact shapes the investment case. The metro holds one of the largest pools of renter households in the country, and demand does not hinge on any one employer or industry. For a landlord operating from abroad, depth matters more than headline yield. A vacancy here is a re-listing exercise, not a crisis. The market is also unusually liquid for residential property. Homes trade constantly, which makes both entry and a future exit simpler than in thinner metros. You are buying into scale, and scale is forgiving.

Studios, ports, and paychecks

The tenant base is paid by industries that rarely move. Entertainment production runs on studio lots and soundstages that have anchored the city for a century. The ports of Los Angeles and Long Beach form the busiest container complex in the Western Hemisphere, feeding logistics jobs across the basin. Aerospace and defense remain major employers. UCLA, USC, and large hospital systems add students, faculty, and medical staff who rent for years. Tourism fills service payrolls year-round. No single sector carries the rent roll, which is exactly what you want.

Underwriting without a US footprint

Los Angeles prices make one question decisive: does the rent carry the debt? Partner lenders answer it directly. They qualify the loan on the home's projected rent, not on your US income or credit. No SSN, no US credit history, and no citizenship or residency requirement to own. Lenders can finance most of the property's value; you fund the balance. Dara is built to stand up the LLC, the EIN, and the US bank account behind the purchase. Your money moves at the mid-market rate with no wire fees. Appraisal, inspection, title, and insurance all run digitally, and the closing runs remotely, with online notarization where the state authorizes it.

Rent rules shape the deal

Los Angeles regulates rents more actively than most US cities. Older multifamily buildings typically fall under the city's rent stabilization ordinance, which limits annual increases on sitting tenants. A statewide cap applies to many other rentals, though newer construction and many single-family homes sit outside it. None of this makes the market uninvestable. It changes which asset you buy. Investors targeting LA often favor newer single-family rentals, where rules are lighter and rents can track the market. Confirm a specific property's status before you underwrite it, not after.

Price, quakes, and premiums

Be clear-eyed about the costs. Los Angeles sits at the expensive end of the US market, and rents, while high, are often thin relative to purchase prices. This is typically an appreciation-weighted market, not a cash-flow one. California's property tax system caps how fast assessments grow, but high prices mean large absolute bills. Insurance deserves early attention. The state's insurance market has tightened, standard landlord policies typically exclude earthquake damage, and separate earthquake coverage is priced on its own. Get quotes before you commit, and let the rental math decide whether the deal clears.

Run the numbers

Estimate the return on a Los Angeles rental

Operating costs come pre-filled for Los Angeles. Adjust the price, rent, and down payment to match a specific home and see cash flow, cap rate, and cash-on-cash return.

100%

Share of the purchase price paid upfront. 100% is an all-cash purchase.

Operating costs seeded from illustrative Los Angeles assumptions: property tax 1.1% of price, insurance $1,800/yr, management 10% of income, maintenance 5% of rent, vacancy 5%. Financed scenarios model an 8.5% fixed rate over 30 years. Cash-on-cash includes 3% modeled closing costs. Illustrative; confirmed per property at qualification.

Monthly cash flow

$1,130

After operating expenses

Cap rate

3.77%

Cash-on-cash

3.66%

Net operating income / yr

$13,560

Explore homes to modelOpen the full calculator

Why Dara

The same purchase, three ways.

DaraTraditional US bankAll cash
US credit historyNot needed for the loanRequiredNot needed
SSNNot needed for the loanUsually requiredNot needed
FinancingUp to 70% via partner lenders, terms varyCase-by-case for foreign buyersNone, 100% your capital
ClosingRemote and digital, start to finishIn-person steps, slow paperworkRemote, but you run it
Moving moneyMid-market rate in your walletWire fees + FX markupsWire fees + FX markups
ManagementDara manages by default, or your own managerYou find oneYou find one

Buyer stories

What buying from abroad looks like.

Illustrative scenario

Years of savings, no green card, and a US mortgage that still looked impossible. Dara maps the whole purchase before the first call.
Buying in Houston, from Lagos

Illustrative scenario

The LLC, the EIN, the bank account: the boring parts done in days. The buyer picks the house; Dara runs the rest.
First rental in San Antonio, from London

Illustrative scenario

Rent lands in the wallet next to the money going home. One app, both directions.
Two doors in Dallas, from Accra

Illustrative scenarios, not customer reviews. Real buyer stories land here at launch.

Los Angeles property FAQ

Will Los Angeles rent control apply to my property?

It depends on the building. Older multifamily properties typically fall under the city's rent stabilization ordinance, and a statewide cap covers many others, while newer construction and many single-family homes are exempt. Confirm the specific property's status before you underwrite it.

Do earthquakes make Los Angeles rentals hard to insure?

No, but plan for it. Standard landlord policies typically exclude earthquake damage, separate earthquake coverage is priced on its own, and California's insurance market has tightened overall. Get quotes during diligence, not after you are in contract.

Is Los Angeles a cash-flow market?

Typically no. Prices are high relative to rents, so monthly margins are often thinner than in lower-cost metros, and most investors buy Los Angeles for tenant depth and long-run appreciation. The projected rent still has to carry the debt, and that is what lenders test.

Can I finance a Los Angeles rental without a US credit history?

Yes. Partner lenders qualify the loan on the home's projected rent, not your US income or credit, and no SSN is required for the loan. There is no citizenship or residency requirement to own US real estate, and Dara is built to stand up the LLC, EIN, and US bank account.

Ready to buy a rental in Los Angeles?

See what you qualify for in about two minutes. No credit pull.

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