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Updated about 5 years ago on . Most recent reply

User Stats

6
Posts
5
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Michael Wither
  • Investor
  • Los Angeles, CA
5
Votes |
6
Posts

Newbie in Los Angeles, CA

Michael Wither
  • Investor
  • Los Angeles, CA
Posted

Hi BiggerPockets! My name is Mike, and I'm a real estate investor and soon-to-be real estate agent based in Los Angeles, CA. I currently own 2 properties in LA (the first was purchased as my primary residence and is now a full time rental, and the second is my current primary residence which I'm also renting out bedrooms in while I live in one room - aka house hacking) and am about to close my third deal in Scottsdale, AZ. 

I'm looking to expand my real estate portfolio, both in LA and outside of LA . I'm hoping to meet fellow investors, and bounce investing ideas and questions in these forums. 

Mike

Most Popular Reply

User Stats

6
Posts
5
Votes
Michael Wither
  • Investor
  • Los Angeles, CA
5
Votes |
6
Posts
Michael Wither
  • Investor
  • Los Angeles, CA
Replied

@Melanie Johnston What a beautiful house!  And I'm glad to hear your property is doing so well.  My real estate agent actually recommended something similar to what you're doing.  I told her I don't want to furnish the place, but since I'll be closing and starting to list in January which is right around the peak of high season, she suggested listing it on Zillow as a long term rental with short term availability.  That way, if I can get a premium for renting it for a month or two in Jan/Feb, I can always fly back to Scottsdale to re-list once the short term tenants leave.  

I also noticed that Evolve was the Airbnb host of your property. That was actually one of the property managers that I 'interviewed' when I was looking for STR property managers for the first house I was in escrow for but that I eventually backed out of. Are you using Evolve? How do you like them?

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