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All Forum Posts by: Darryl Lin

Darryl Lin has started 2 posts and replied 19 times.

@Tommy Carey

@Account Closed

I'm currently invested there and would love to connect to gain a different perspective.  My realtor has been a bit MIA even when I ask for help so I may need additional network in that area (I live in OC).  You guys have any handymen out there?  Eventually I'll need to remodel the house so I'd love to get a referral to some solid help in that area!  Thanks

Originally posted by @Rafael Larios:

I personally would not invest somewhere, that I would not like to live in, if it came to worst-case scenario. I feel that Redlands is an up and growing city with lots of potentials and still has room for investors.

I'm in the process of picking up a SFH with half an acre lot. I'm going to house hack it and try to build an ADU in the property and hopefully rent it out and I also have another duplex in Redlands

What are the rents like in those areas?  The properties still look fairly pricey compared to Hesperia.  

Originally posted by @David Friedman:

Just helped my client buy a few flips in Victorville and Hesperia. Competition is definitely lower as well as prices, but distance is usually a factor for most people.

What are you thoughts on the area of Hesperia?  I toured 7 houses and met some owners and some tenants of all types.  Some were Los Angeles transplants looking for cheap(er) rent and some were just blue collar Craigslist randoms.  Overall consensus in my mind is that this is an affordable area to raise a family.  It's a commuter city so it seems like most are there as long as their work is along the I-15.  Definitely price is the major factor, but location relative to OC is important for me as well.  1.5 hr drive ain't bad for an investment property if anything goes wrong.  Thoughts?

Originally posted by @Rafael Larios:

Have you considered into Riverside or Redlands

No I have have not.  What kind of numbers are you seeing for these areas?

Hi all, 

I'm looking to invest in this area because it's close enough to where I live (Orange County).  My mortgage broker is telling me this is an up and coming area that is low risk, high reward potential.  After visiting the town and 7 properties, I'm convinced it is a quiet town and a great place to raise a family with affordable rents.  The houses are in the low 200's, so they're still relatively affordable.  I wanted to get any opinions or insight from members here and if they have any experience dealing with this area, thank you.  

Post: How to rent place. What are we doing wrong?

Darryl LinPosted
  • Fountain Valley, CA
  • Posts 19
  • Votes 8

What are interested parties saying?  And what positive feedback are you getting?  That might clue you in on why they aren't applying.  

Rent is about average for your area for how many bedrooms it is.  The 1 bathroom is the turnoff, but not a deal breaker if your location is indeed good.  A family might be your only option.  Students and randoms would find sharing a bathroom inconvenient if there are better options out there.  

Post: What's GOOOOD? From Orange County!

Darryl LinPosted
  • Fountain Valley, CA
  • Posts 19
  • Votes 8

Hi @Robin Boyer , just got this message.  Darn!  I was busy at work and I've got some plans with my lady tonight :(  

Post: What's GOOOOD? From Orange County!

Darryl LinPosted
  • Fountain Valley, CA
  • Posts 19
  • Votes 8

Hit you up in the DM's @Seth Bradley !

Post: What's GOOOOD? From Orange County!

Darryl LinPosted
  • Fountain Valley, CA
  • Posts 19
  • Votes 8

What's good @Seth Bradley ?  Congrats on your 2 properties!  I got a lot of q's for ya.  Student housing seems to always be a good investment.  Are you trying to make offset your rent in OC with the rental income from your 2 properties?