All Forum Posts by: Ety Benichou

Hi Tim,

Thank you so much for looking at it. I acknowledge that this report shows a no-go deal.

I wanted to get feedbacks from an experienced person on this forum to help me use this example to reset the criteria. Assuming that I can rent a room in a 3 bedroom single family home for $1000/ room, what is the max purchase price I should consider to be a good deal. Personally, I would love identify a good location first, ideally in LA, for a 3B/2B property that would be under $500,000, ideally with a garage or ADU, in a safe neighborhood not far from a college campus, that would be a fixer upper. So I can use the BRRRR technique.

I can use some tips to get started in the right direction

Thanks Ety

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hi, I am looking at finding the best location in LA to buy a fixer upper to hold as rental for students by a cal state or LACCD college like LAVC in the Valley area, to then refinance and repeat.  This is the first time I use this spreadsheet, I could use a knowleadge mentor to help me go through it and get me started.

Much appreciated

Ety

Hi, my name is Ety,  live in west LA, work as a licensed structural engineer, building large developments for others, and have always been contemplating investing myself, just always thought I could not afford it especially in LA.

I just turned 42 today, and  want to Thank BP for inspiring me to take the next steps. I m looking for a group of similar minded individuals to meet occasionally ( zoom maybe) and discuss markets, opportunities and maintain motivation.

let me know if you are interested.

Ety

@Bruce Parker

Hi,

I am a structural engineer, so I can help a bit:) the standard sawn lumber in CA is called Douglas Fir Larch. Good luck