All Forum Posts by: Edgar Castellanos

Thank you Seth. LA is very spread out. It's almost impossible to get around without a car. Public transportation is always an issue here, but unless you have a set routine and you do not want to go out and enjoy other parts of the city, not having a car is not an option. I guess you could ever everywhere, but that would be very expensive as well. 

Im torn, between the understanding that in Los Angeles County there is a real need for new housing. The benefits new housing does to the real estate market is good for potential home buyers and renters. The lack of supply is what is making home values skyrocket, and so does the cost of rent. The other side of the argument is for the existing homeowner. In LA we have too much traffic already. If a family of 4 moved into each one of the new homes built on a conservative estimate that would mean 2 cars for each house now on the road.  If the development is on the same street as a homeowner and that home owner enjoys some quietness and privacy with things being as is. If that home owner was against the development would that be enough to stop the new homes from being built? 

My question is.

If you're a home owner, how do you feel about new housing developments in your community?

And if you are developing new housing projects, how do you highlight the positives to the community? 

Thank you in advance. 

~Edgar

Open House Sunday 4/24/16 11-2pm 

Perfect starter home for the first time home buyer. Why pay rent when you can own? This 2 bedroom, 2 bath condo has new granite counter tops, and it is conveniently located directly across from a 2 vehicle carport and a 24-hour laundry room.

This community has a sparkling community pool with a spa for residents to soak in after a hard day's work, and BBQ grills nearby for summertime fun. This tranquil complex is gated, and it comes with plenty of guest parking.

Owners can relax with peace of mind courtesy of security cameras at the entrance and parking areas throughout the complex, making this community safe for all residents. It is located close to the 5 and 210 Freeways, local schools, shopping centers, Mission College and the ever popular El Cariso Park.

Contact your realtor or the listing agent Ed Castellanos

661.510.5762 to submit an offer. The seller will consider helping with the closing costs for the right offer

Hi Derrick, I'm curious, you are looking for a realtor to do 5+ comps a week, then you said that you will not be purchasing the property through them. Why? are you thinking of just going through the listing agent? Or buying directly form the seller? What type of investing will you be doing? and is there some way in your investment plan to reward an agent that will be giving you the help you need?

I'm looking to work with a couple of serious Property (buy and hold and fix N flip) investors that could use a noncompeting investor friendly realtor in the North East Los Angeles Area as well as the San Fernando Valley. I have been a bigger pockets member for around 2 years now, so there no need to teach the basics. I can be a valuable member to your team, but I can only work with full time investors, not hobby investors. Call me today 661.510.5762

This is the highly sought after Mt. Washington neighborhood of Los Angeles. It is a complete fixer, a single independent unit in the back and a duplex in the front. I will be holding an open house this Saturday 1-4 pm. For more information about this unit click here.  Only cash offers will be accepted. 

HI Family, Im super excited, a couple of weeks ago, I spoke to a home owner that is in the middle of a divorce and has stopped paying the mortgage on his home. I called him and offered to buy his home from him as a rental. The home was built in 09 homes in the area are selling for 145K rents are $1300. I offered $128k that would cover all his expenses and give him $5000 to put in his pocket and start a new chapter in his life with his credit saved. He agreed:) but a couple of weeks have passed and his wife has not signed the contract. Im not sure what to do?

Thank you Jamane

HI everyone. I once found a great web page that listed all the distressed properties that had been sold on a month to month bases or are least having been sold in the last year separated by zip code. This is very helpful information when you want to do a marketing campaign. I made the huge mistake of not documenting where I got the data from as if I would always be able to go back to that page (I know its right under my nose) but I can't remember what site that was that gave me those stats. It has caused me lost hours on the hunt for that page (I now call it El Dorado). Can anyone point me in the right direction.

A short sale is much better for your credit score than a foreclosure.