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All Forum Posts by: Ali Safavi

Ali Safavi has started 2 posts and replied 4 times.

There's some good advice in this thread. I would just add that I always suggest getting maximum insurance coverage just in case something like this happens - general, liability, and loss of rent.

Post: Santa Monica Newcomer

Ali SafaviPosted
  • Investor
  • Los Angeles, CA
  • Posts 4
  • Votes 1

Hey @Shane Willcox! Welcome to the BP community and Santa Monica! I've been working in the real estate market here for almost a decade.  There are a ton of opportunities in and around Los Angeles. I have a number of properties that I manage, and am always looking for my next flip. Let me know if you have any questions! 

Post: When Do You Raise Rent over 3%?

Ali SafaviPosted
  • Investor
  • Los Angeles, CA
  • Posts 4
  • Votes 1

Question for the group...

When it comes to raising rent on a tenant who's been living in a unit for a year or more, what are your determining factors (in areas that are NOT rent control)? Recently I've considered raising rent by $100 per unit, which would increase the value of my building by $100K. The building is in a hot area, so technically the market can handle the increase. Holding on to good tenants is always great, but when are you willing to risk it? 

Post: What's your favorite real estate blog?

Ali SafaviPosted
  • Investor
  • Los Angeles, CA
  • Posts 4
  • Votes 1

What's everyone's favorite real estate blog (besides Bigger Pockets). I'm specifically hoping to find ones that may allow for guest posting.