All Forum Posts by: Jerry Poon

What questions are appropriate for me to ask to gauge their trustworthiness and competence? I want to find out how good they are and whether they serve me (as opposed to their own agenda) without stepping on anyone's toes or being disrespectful.

What credentials should they have? Do they need to be "investor minded"? Should they be investors themselves? In what cases do I go with my gut?

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Just like the title says. I am looking to house hack in the greater LA area but there are so many agents out here I don't know where to start.

What credentials should they have? Do they need to be "investor minded"? Should they be investors themselves? In what cases do I go with my gut?

1 Vote

Los Angeles County, California

@Aristotle Kumpis Thank you for the recommendation!!

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Los Angeles County, California

@Jeffrey Almonte So I can bang on their doors if they mess up.

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Los Angeles County, California

Originally posted by @Nick Hedberg:

I use Robert Hall in Glendale. They go to and sponsor many local REI events and host one of their own. The rep I use is Tony Watson. He's great. Check them out: https://www.roberthalltaxes.com/

Thank you so much Nick! I just sent them an inquiry.

1 Vote

Los Angeles County, California

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Los Angeles County, California

Originally posted by @Nery Moreno:

As a real estate agent and investor, I've had luck in Long Beach, Compton, San Pedro ,Inglewood and South Central LA. Any other areas are difficult because the of the current high LA prices. San Bernardino county, Inland Empire provides the best cash flow but the equity builds at a lower rate then that of the greater LA are. In my opinion, if you are an FHA buyer, chances are you will not be cash flowing upon purchase. However, at 25% conventional, there is absolutely no reason why you should not be cash flowing Day 1 on a triplex or fourplex.

Would you mind sharing your lenders?

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Los Angeles County, California

Originally posted by @Gil Vaisman:

Hi Tim,

It's possible, but not easy.

I've had success with fixers that are underperforming. Nothing sexy. Improve it, add a couple of rental units and couple months later you have cashflow. I focused on properties that had been sitting for a while and had bad agenting. I tried to avoid rent control areas and got lucky.

There are ways to make it work, but you have to figure out what you're comfortable with have patience and be ready to act.

If you don't mind me asking, how are you financing your deals?

1 Vote

Los Angeles County, California

Just like the title says. Can anyone here recommend a reputable tax services company (or good individual) who is located in SoCal who has experience or is specialized with doing taxes involving out of state real estate investments? Most companies I have dealt with have referral discounts so obviously that's the least I will do for you!

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Los Angeles County, California

All Forum Posts by: Jerry Poon

Jerry Poon has started 39 posts and replied 230 times.

Post: How do I vet an agent for house hacking in greater Los Angeles?

Post: How do I vet an agent for house hacking?

Post: How do I vet an agent for house hacking in greater Los Angeles?

Post: Rec's for tax services in SoCal area w/ spec. in OOS investments?

Post: Rec's for tax services in SoCal area w/ spec. in OOS investments?

Post: Rec's for tax services in SoCal area w/ spec. in OOS investments?

Post: Rec's for tax services in SoCal area w/ spec. in OOS investments?

Post: Multi-Family Cash Flow possible in Los Angeles?

Post: Multi-Family Cash Flow possible in Los Angeles?

Post: Rec's for tax services in SoCal area w/ spec. in OOS investments?