All Forum Posts by: Laura Fahey

Hello Jesus

I am a local Realtor in Los Angeles and Orange County. I have experinance working with investors on the purchase, renovation and management start up of multi-unit properties. I am still learning some of the ins and outs of the SFH investing, I am eager to learn and open to suggestions. I also have a strong knowledge of renovation costs and market analysis. I would love a chance to meet up and see if I can help you with any of your transactions.

Have a great day

Laura Fahey 

I would love to attend,  I am a local Realtor and I live in Glendora.   I think we do need a rei group in our area.  The few that I have attended were centered around teaching people how to flip houses and trying to sell their programs/training.  Let me know if you need any assisantance with anything, I would love to help get this started.

Welcome Joe

This is an amazing community with endless advice and knowledge.  I am also in Covina, I am a Realtor and a property manager. 

Good luck!!

@Greg Clark , I would love to help you find the type of property that you are looking for.  I am very familiar with most parts of the Inland Empire, it is a pretty big place.  Did you have any specific neighborhoods that you were looking at? 

Marie Greene Hello, congrats on passing!! I also recently passed my exam. I interviewed with several agencies. I decided to go with realty one group. The office I joined offers no commission splits after your first 5 transaction, you just pay a low transaction fee per deal. I am not sure if this is the same at all of the offices but it might be worth checking out. They also offer training if you are interested in it.

Hello I just recently passed my CA real estate exam. I took my classes through the online provider California license . Com. It was reasonably priced and I was able to do everything online at my own pace. I just bought the basic course. I used the test prep offered by real estate exam scholar, this was also reasonably priced and they have a pass guarantee. I passed my first try so in my opinion it did the job. I hope this helps.

You should give/send them a letter more then 30 days before their current lease expires. This letter is letting them know that you would like to renew their lease and what terms you are offering. For example you would like to offer them $? For for their new rent amount and the # of months you would like them to sign the new lease for. This way they can lock in this rate for the new lease. If they agree you should have them sign a new lease agreement with the new dates and rent amount. You can also put in the letter a higher rent amount if they choose to continue month to month. This helps to detour people for staying month to month. Just let me know if you have any questions about this process or anything else property management related. I hope this helps.

I manage a lot of residential units and we have annual inspections by an agent for the insurance that is sent by the lender. The agent does normally take interior and exterior photos of the property. Also most of the time the agent does not give us very much notice prior to his visit. The only people that see the photos are the insurance company and the lender. Most of the time it is just to verify the information in their records is correct and that the asset is being maintained. The most recent inspections have occurred from a lender for one corporation that does own all of the units I am referring to. These have been pretty common occurrence for all of the different owners I have worked for over the last 9 years. Usually the insurance agent will give us a list of unit interiors that they need to view during the inspection. We then have to hurry to post the notices to enter if the unit is occupied. The agent is really just checking the condition of the asset and making sure we are compliant with new laws like CO detectors and fire safety. On one of the properties that is now paid off, we do not have these inspections anymore.

I manage a lot of residential units and we have annual inspections by an agent for the insurance that is sent by the lender. The agent does normally take interior and exterior photos of the property. Also most of the time the agent does not give us very much notice prior to his visit. The only people that see the photos are the insurance company and the lender. Most of the time it is just to verify the information in their records is correct and that the asset is being maintained.

Working as a leasing consultant at a large apartment complex you usually get an hourly of $10-14 and bonuses between $50-$150 depending on the rentals. When I was a full time leasing agent I made about $40,000 a year. There is also a lot of room to move up in the property management industry.