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Updated almost 7 years ago on . Most recent reply

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3
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1
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Aaron Friedland
  • West Hollywood, CA
1
Votes |
3
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How to utilize my condo as a starting point to a real estate care

Aaron Friedland
  • West Hollywood, CA
Posted

Hello all. Im brand new to the site. I own a condo in the heart of west hollywood. Purchased the property in 2014. Paying around $5200/month with HOAs and everything. I want to take a more hands on approach to real estate investing and curious if it would make more sense to rent my unit out as a starting point. Maybe rent something else or take the equity and purchase another apartment or multi family property in the LA area. I feel like in this area, I can always rely on longterm appreciation, so not sure selling is shortsighted. Wondering how I can use my leverage in my current property to begin a career in real estate? 

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