All Forum Posts by: Juan Serrano

@Jayna Stevens

I know how you feel. Same thing here in Los Angeles. It took me about a year and half. But I finally got a property. All I can say is hang in there and continue to move foward, you'll get a property at the right time for you. Good Luck and hang in there. It's well worth it.

Does anyone know what percentage of rent increase is allowed in city of Lancaster, County of Los Angeles?

@Randy Bates

Hi Randy. Im in Southern California and I had the same concern when the Pandemic started. So I only rent to Section 8 tenants thats guaranteed rents. You should look into this. For me it's a little peace of mind during these trying times. Good luck and welcome.

@Kevin Akers

Yes you can if you're moving in (owner occupied) If you are not moving in it is considered an investment and also you will get a higher rate due to being an investment.

@Robert Johnson

In California rental income is considered part of income when purchasing a multi unit property up to 75% of income that the new purchase would be collecting. Don't know if that's the case for your area. Ask your lender.