My Dad wants to roll his IRA over to an RIRA and use the money to buy my brother a townhouse. Is this a bad idea? [more inside]
I'm moving to LA soon and have two questions. First, I have a rental budget of around $1200 to $1500 a month for a one-bedroom (not a studio!). I want to live close enough to enjoy all that LA has to offer but not so close that I have to pay way more for a lot less. Any ideas on areas of town, specific rental agencies, websites, complexes, etc. Second, is living out there really all that much more expensive than saying living in Houston, Texas for example? Can anyone offer specifics on what costs so much.