All Forum Posts by: Aaron Friedland

@Nabil Suleiman

Yes, been living here since day 1. 

A. I would definitely be interested in managing an airbnb situation, but the HOA has prohibited it, unfortunately.

B. Is there anywhere in the surrounding LA area that could garner at least 5-6%?

C. Not sure what it can rent for. Don't know what the rental comps are like. Whats the best way to find that out?

D. Id rather hold on to the property if I can since the area seems to be getting more desirable year after year. 

Thanks for your time. 

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?