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Old 12-22-2009, 07:19 AM
 
3,745 posts, read 7,100,873 times
Reputation: 4109

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Quote:
Originally Posted by AlaskanMonkey View Post
I'm thinking that what a lot of other posters advised--having $20000 saved or planning on $1000/ mo rent with a roomate--are a tad exaggerated. How could LA be that expensive? I've seen rooms going for as low as $350 on CL, and they looked decent enough for my purposes. I don't need anything nice, and I'm not a snob. I would say that $10000 is much more reasonable. It's really unlikely that I'll have $20,000 saved in a few years, let alone a few months with my job. Adjunct positions don't pay well.

Is it really inadvisable to come down jobless? Is the economy so rough that I could be looking at 4+ months of unemployment?
With $10,000 untouched and friends in the area you'll probably be okay. Many people get by on less. Get any kind of job as soon as you can, though, so you don't use up all your savings while looking for a permanent one.

I've never rented a room that was listed on Craigslist, but I have read that they are not always as advertised. If you have a roommate, you probably won't need the full $1000/month, but $350? That's a lot more dangerous than the scooter you're considering.

And yes, the economy is that rough. To make things worse, the state is broke.

But if you're tough, and you don't mind doing without, and you can accept the risks, welcome to Los Angeles.
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Old 12-22-2009, 10:43 AM
 
Location: Milwaukee, WI
158 posts, read 556,984 times
Reputation: 105
Quote:
Originally Posted by ZenMaster2008 View Post
Well my $20,000 recommendation may be a bit exaggerated but I'm an extreme planner. I doubt it will cost you as much to move as me since I used rented a u-haul. When I moved from the East Coast here's what it cost me:

U-Haul - $2,000
Gas + Hotels + Other moving expenses - $1,000
First months rent + Sec Deposit - $2,500
Basic furniture and appliances - $2,500
Random expenses (registration, setting up cable, electric etc...) - $500

So that's $7,500 right there. I guess you can do without the furniture and maybe appliances but like I said I'm an extreme planner so I had a job and $20,000 and I was still nervous.

I'm not trying to make you nervous I just want you to plan properly so you don't end up in trouble. Imagine how much easier life would be if you had a bigger savings when you came?
He doesn't need a U-haul.
Gas+ other moving expenses would be more around $500 I'd guess.
If he share's a room rent and sec dep would be no where near $2,500.
You dont NEED, nor does it sound like he feels the need to buy 'basic funiture and appliances". Maybe around $200-$500.

You have to have your priorities straight.

That said, I making the same move with no job lined up and I'm coming with $5-6K and have a place to stay for free...

Best of luck to the OP. Do it. My bro and two of his other friends did it with much less money, had no jobs lined up and had no problem getting suitable housing or finding jobs.
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Old 12-22-2009, 05:57 PM
 
16,778 posts, read 19,448,537 times
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Quote:
Originally Posted by ZenMaster2008 View Post
My opinion is $20,000.
$10,000 to come here and live and try to find a job and get established
$10,000 to re-start your life back where you came from if it doesn't work here

Always have a backup plan.
I think 20k is a decent amount.

5k is not enough OP, neither is 10K.

The poster who mentioned car insurance and all that gave you lots of good information.
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Old 12-22-2009, 11:16 PM
 
18 posts, read 102,557 times
Reputation: 21
[quote=sll3454;12128755]With $10,000 untouched and friends in the area you'll probably be okay. Many people get by on less. Get any kind of job as soon as you can, though, so you don't use up all your savings while looking for a permanent one.

I've never rented a room that was listed on Craigslist, but I have read that they are not always as advertised. If you have a roommate, you probably won't need the full $1000/month, but $350? That's a lot more dangerous than the scooter you're considering.

quote]

I was never really considering a room with a $350 rent, but I just used it as an example of how low the rents can get.
I also agree that 10k will probably be sufficient for my purposes.

Quote:
Originally Posted by Iburytheliving View Post
He doesn't need a U-haul.
Gas+ other moving expenses would be more around $500 I'd guess.
If he share's a room rent and sec dep would be no where near $2,500.
You dont NEED, nor does it sound like he feels the need to buy 'basic funiture and appliances". Maybe around $200-$500.

You have to have your priorities straight.

That said, I making the same move with no job lined up and I'm coming with $5-6K and have a place to stay for free...

Best of luck to the OP. Do it. My bro and two of his other friends did it with much less money, had no jobs lined up and had no problem getting suitable housing or finding jobs.
You've said it all before I could-- I'm not looking for a comfortable existence, nor do I expect one.
Thanks for the encouragement.

Quote:
Originally Posted by ZenMaster2008 View Post
Well my $20,000 recommendation may be a bit exaggerated but I'm an extreme planner. I doubt it will cost you as much to move as me since I used rented a u-haul. When I moved from the East Coast here's what it cost me:

U-Haul - $2,000
Gas + Hotels + Other moving expenses - $1,000
First months rent + Sec Deposit - $2,500
Basic furniture and appliances - $2,500
Random expenses (registration, setting up cable, electric etc...) - $500

So that's $7,500 right there. I guess you can do without the furniture and maybe appliances but like I said I'm an extreme planner so I had a job and $20,000 and I was still nervous.

I'm not trying to make you nervous I just want you to plan properly so you don't end up in trouble. Imagine how much easier life would be if you had a bigger savings when you came?
Don't get me wrong, I appreciate the advice. It is sound and extra-cautious, and I normally like to be extra cautious. But with my limited budget, 20k is unrealistic and I don't think I'll be moving to LA for years if I were to save up that much. I'm also not needing a Uhaul, as all the "furniture" (using the term lightly) I'll be coming down with will be in the car, which I'll also be sleeping in on the way down. I'm also thinking that I won't need to pay 2,500 up front for an apt; considering my budget range a month is 500-700 for rent, and deposits for those rooms aren't normally greater than $300. So I'm guessing I'll spend $1,000 the first month on rent, if that.

The more I think about it, the more I'm guessing that 10k will be more than adequate for my purposes. Thanks for the input everyone; it will make my planning much smoother.
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Old 12-23-2009, 12:18 AM
 
Location: Oxnard, CA
1,552 posts, read 3,517,271 times
Reputation: 1244
Quote:
Originally Posted by AlaskanMonkey View Post
When I say pending job opportunities, I mean that I won't move unless the economy picks up and I have a decent chance at a job. I will try applying to places before moving, but it will be tough to come down for interviews. That'll leave me bankrupt for sure.

I would plan on arriving with the $5,000 untouched. I will not have much to move, as I will be selling mostly everything I have on CL before I come down. All I'll have is an air matress, clothes and other necessities until I can get a job. I will have a car, and insurance will be costly, but it's decreasing. I'm thinking about getting a scooter for transportation.

I have a Master's in English, and have college teaching experience, but apparently the job market for adjuncts isn't too great down there, so I'm thinking that I'll be looking for a technical writing position. Or anything I can get my darn hands on, if push comes to shove.
Like I said, I'll apply as much as possible before the move, but I'm coming down anyway.

I'm thinking that what a lot of other posters advised--having $20000 saved or planning on $1000/ mo rent with a roomate--are a tad exaggerated. How could LA be that expensive? I've seen rooms going for as low as $350 on CL, and they looked decent enough for my purposes. I don't need anything nice, and I'm not a snob. I would say that $10000 is much more reasonable. It's really unlikely that I'll have $20,000 saved in a few years, let alone a few months with my job. Adjunct positions don't pay well.

Is it really inadvisable to come down jobless? Is the economy so rough that I could be looking at 4+ months of unemployment?
$1000 per roommate is not that far off from the truth...I'm an hour north of LA and I've seen and heard of people renting rooms from $800 to $1000 a month and people actually renting them and that's in my area. Those rooms that are $350/month...you might be sharing a bedroom with someone and plus, it's probably somewhere you wouldn't even leave your pet roach. No kidding...look at the prices for apartments and do a comparison.

The reality is you need to think of doing this on your own. If you had a decent apartment by yourself, figure at least $2K a month or more and that's with utilities. Plus you have to eat (I guess ramen noodles are ok?) and other necessities. It gets expensive really quick.

Only you know how you can spend money but for me...I'd need a serious nest egg.
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Old 09-05-2010, 08:31 PM
 
2 posts, read 6,692 times
Reputation: 10
folks, I don't understand why you think rent is so much. I see plenty of 1 bedroom or big studios for just under $1000 in Los Feliz or decent parts of Hollywood??? Shares in nicely furnished places are $800 or less from what I see. Do a quick search on Craigslist. I hope I'm not missing something, 'cause I will proby be moving in a few months (for a new job) and don't want to spend >$1000. Want my own small single or large studio. tnx.
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Old 09-05-2010, 09:45 PM
 
Location: California
29,443 posts, read 31,630,637 times
Reputation: 24535
Quote:
Originally Posted by bostonusa View Post
folks, I don't understand why you think rent is so much. I see plenty of 1 bedroom or big studios for just under $1000 in Los Feliz or decent parts of Hollywood??? Shares in nicely furnished places are $800 or less from what I see. Do a quick search on Craigslist. I hope I'm not missing something, 'cause I will proby be moving in a few months (for a new job) and don't want to spend >$1000. Want my own small single or large studio. tnx.
The one thing you are missing is that many people want to move to LA WITHOUT A JOB WAITING. They will burn through a lot more than $1000 a month for food and general living expenses. And finding a job that pays enough to pay for all that before the money runs out is the challenge, and the reason people need to pad the savings account before arriving. Plus, many of the more affordable places are in less than desireable locations. which is why they are available...and affordable.
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Old 09-06-2010, 01:34 AM
 
120 posts, read 554,931 times
Reputation: 48
Default re

It boils down to this-how bad do you want it? Do you have the desire?
My brother went to LA with $500 when he arrived. He lived in his car, got a temp job, moved into someone's apartment, got a full time job, got his own place, then broke into the music industry. This certainly isn't the recommended way, but if you want something bad enough, there are really no obstacles.
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Old 09-06-2010, 06:06 AM
 
1,882 posts, read 2,702,307 times
Reputation: 3871
hey alaskanmonkey, congrats on your impending move to los angeles.
i moved out here from georgia. i had 700 dollars, a job waiting for me, and a monthly van payment. actually i moved to carmel first because i had gotten a job there. i parked my van outside my managers apartment and slept in that for a couple months. then i got a little cottage because i got to know people and found a really cheap place. 6 months later i moved to los angeles, with no job, but moved in with my then-boyfriend and found a job quickly, then a new roommate. this was back in 2007, when there were still jobs. so be forewarned.
some people tend to be more the mortgage/high debt folks that find it difficult to move around or move to a new city because they have alot of ballast. some of the posters are recommending based on what a normal person would do. furniture you can find on the street. clean it up and paint it and voila! i found a free, brand new mattress on craigslist. you can live without cable. jobwise-its entirely possible that you could move here and find yourself in a world of poo, not able to find a job. i have been unemployed for quite a while. 3 months to find a job is probably a little unrealistic.
but if you already have friends here, and are the friendly type, then 5 grand is more than enough. you are going to have to hustle and clean houses or do whatever you need to to get by, but i have always believed in Goethe's maxim-"when you move, providence moves too". if you make up your mind to make it you bloody well will.
living on your own is probably unrealistic. you can room with someone for round 600-700. if you have a car (which you really should have) then you will be ok. my advice is to get a van. seriously. i am not advocating homelessness, but its a good feeling to know that if your roommates are screwy and windup being meth addicts or porn freaks that you have a place to sleep.
los angeles is filled with opportunities and lots of people come here to become an actor, musician etc. consequently there are loads, and i mean loads of flakes. don't be surprised if you meet people who want to put you in their movie, or form a band, or something like that, and then never call you. but the upside of this is that people are more dedicated to their own goals than schlepping and if you want to make some dough you can always take over someone else's shifts at a cafe because they decided that their two-month acting gig was way more important. whatever you want to do- be it carpentry or dressing up like a giant pizza on a street corner- you can make happen here. friendliness and a good work ethic goes a LONG LONG LONG way here. thank you flakes, for making this possible.
i always suggest to folk that they peruse the "gigs" on craigslist, not the jobs. you can find all kinds of weird one-off gigs on that site.
but again, if you have friends here then you are going to be fine. but again, you are gonna have to work. don't expect to come here and find a job and an apartment in one fell swoop. it could happen, but it isn't likely. but there are ways around the normal avenues if you are tenacious and stubborn. don't go out drinking, don't fritter your money away. if you are smart 5 grand can last you for at least 6 months. if you are an IT guy who has car payments and credit cards and little dogs and child support payments then stay where you are. if you are a fly-by-the-seat-of-your-pants type and are friendly and can roll with the changes and don't mind a little uncertainty then you are a great candidate for los angeles. best of luck to you.
also-FYI- for food, shop in mexican grocery stores. don't go to vons. and don't be afraid of east LA. the bad press is greatly exaggerated and there are lots of cheap places to live there. and if you get hepster hangover and want to be around real, working class folk, EAST LA. best of luck guy.
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Old 09-06-2010, 06:48 AM
 
Location: Bella Vista, Ark
68,699 posts, read 78,731,598 times
Reputation: 38116
Quote:
Originally Posted by AlaskanMonkey View Post
Hi,

I'm contemplating moving to the area, pending job opportunities, but I'm going to be be spending some time saving up some money before I move down there. I was told to prepare for at least three months unemployment while searching for jobs, but what do you think is the bare minimum amount one should have saved before moving to LA? I realize this is incredibly subjective, so I should throw out some info:
1) I'm a single guy.
2) Willing to rent a single bedroom in an apt. with other roomates, but NOT share the bedroom.
3) I'm looking at renting in the Hollywood/NoHo/West Hollywood/ Los Feliz area to be close to friends.

I'm asking this quetion to get a helpful indication of the cost of living in the area from someone who knows. I have a pretty decent sense of the rent in the area, but I'm worried about finding a job quickly enough. I'm thinking a realistic number is about $5,000, but with this poor economy that may be a low number.

Thanks in advance for any information you can give me.
Depending on your field and the need for your skills, $5000 might be enough. Probably $10,000 would be better.

Again, it depends on so many things, any debt you might have, cost of operating your car, do you expect to spend time partying or are you more "the stay at home" type?

Nita
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