All Forum Posts by: Chantelle Lewis

Hello Bigger pockets community! 

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

I just closed on a house that used to be a single family, but was converted to a duplex. There is only 1 mailbox and 1 address. 

We attempted to have a second address assigned to the property but ran into some issues so We would like to add a second mailbox and add unit A and unit B.
Does anyone have experience with this? Is it a simple as just purchasing the mailbox? Do we need to notify USPS?

My husband and I just purchased an owner-occupied duplex, and it’s completely vacant. We purchased in a desirable part of Los Angeles and got it for 200k under asking, so we already have some equity. Both units need a lot of cosmetic work/upgrades to get top rent. What is the best way to finance the renovations? We have some money saved, but we don’t think it will cover all the needed work and want to get the unit ready to rent out as soon as possible. We were thinking of doing a personal loan for renovations and then cash-out refinance in 6 months to pay back the personal loan. Pros/cons? Any recommendations for a better approach? 

Hello! I am a first time home buyer in Los Angeles county and I am looking to buy a duplex owner occupied. Most properties I have come across are tenant occupied so I would have to displace a tenant to move in. Has anyone successfully done this during COVID? I’m curious how big of a barrier that will be and what rights the tenant has.