How to Buy a House in Palo Verdes for $300,000

"I found a house on the water, like in Palo Verdes Ranch, like literally on a bluff overlooking the ocean for $1.5 million," he says. "And I'm like, I don't understand ... it's beautiful... It was like a little 20s craftsman on a bluff just looking out at the ocean,. And I was like, this is incredible." He adds: "It said, cash only, a bluff is falling into the ocean".