Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Los Angeles County Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

48
Posts
14
Votes
Carla Carvalho
  • Specialist
  • palo alto, CA
14
Votes |
48
Posts

How to use new Studio City investment property?

Carla Carvalho
  • Specialist
  • palo alto, CA
Posted

Hello,

I have invested before but Los Angeles is new to us. Somehow on our first trip we found ourselves a "highly motivated" Seller and a gorgeous SFR house in Studio City. Before I knew it, we were in contract. We have 60 days to figure out how to use this gem (seller gets 60 day rent back due to personal circumstance.) 4 beds, 4 baths, new pool, new hot tub, newly remodeled 2012. Flat part of SC near 101. Projected rent will easily cover expenses with cashflow $750-1000/month. But is this best use of this type of property? What has been your experience with "corporate rentals" (or 30 day rentals) in this market - and how do I get connected? I don't live in LA so can't stomach a night-to-night rental - the amount of work would knock out any gains based on my experience elsewhere.

Thank you for your input! :)

Loading replies...