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Updated over 10 years ago, 04/01/2014
New member - Los Angeles, CA
Hi, my name is Roman and I live and work in the LA area. I have 6 total rental units:
* 1 SFR in Pasadena, CA
* 1 SFR in Barstow, CA
* 2 SFR's in Mansfield, TX
* 1 Duplex in South Gate, CA
I'm interested in growing my portfolio by leveraging some of the equity from these properties....I basically own these properties almost by accident and just being "lucky"... so while I own 6 units of investment income, I don't feel I know very much and could be doing more to grow more quickly. All in, these units have about $850,000 in equity. Not sure how much more detail to include on my first post? But, just one more thing...I have family in Barstow, CA which is about 2 hours North of LA (halfway between LA and Vegas)... they have maintenance and management experience so I'm interested in making more of a play for units there...it's not the nicest city but it's: 1) drivable from LA 2) I have family I can trust to maintain and manage 3) Rents have the ability to give cash flow over and above mortgages which is generally not the case in LA (at least that I've found so far)...sorry so much info, looking forward to reading even more each day. thanks.