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All Forum Posts by: Matt Hall

Matt Hall has started 4 posts and replied 6 times.

I'm currently living in LA and hoping to get started with my first investment property in the next few months with BRRRR in mind. I've narrowed my target area down to the Greenville/Spartanburg area with more emphasis on Spartanburg since the price tag in Greenville seems to be on the high side for my budget. Looking in the $60k-$120k range. Happy to hear any insights on this area!

Thanks in advance!

Matt
  

Post: Realtor and Lender Recommendations for Atlanta Rental Property

Matt HallPosted
  • Manhattan Beach, CA
  • Posts 10
  • Votes 4

I'm looking for a local Atlanta realtor, that knows the area well, and can advise an out of towner on buying rental property in the area.  I will be in town next week and would love to have a connection in place if such an opportunity presented itself.  Would also love to hear any local lender recommendations as well!  Thanks!

- Matt

Post: Looking to buy our first property in Los Angeles County

Matt HallPosted
  • Manhattan Beach, CA
  • Posts 10
  • Votes 4

Thanks for all the responses guys.  

I chose these 3 areas after considering many.  I work in Burbank so I need something close by (living in Manhattan Beach is killing me).  I chose these areas to concentrate on as they seem to have the best price to neighborhood ratio .  If I'm overlooking any area, please don't hesitate with recommendations.  I thought of including Altadena along with my Pasadena search but I really don't know much about the area. Anyone?  

The schools are a big concern, with the areas of Pasadena we would probably be looking at.  The only thing that would negate that problem would be the thought of us moving elsewhere before it becomes an issue for our kids, which we're hoping to accomplish.  The plan would be to rent it out long term, if our financial situation could handle it, or sell it for what would hopefully be a small gain in the next 5 years.  I'm not all that comfortable banking on this idea as I would hate to end up dealing with paying for private schools should we want to stay or be forced to.  

Our budget looks like it will be stretched pretty thin if we go with Pasadena or Burbank which leads me to another question.  In your experience how well do the 2b/1b single family homes sell in LA county.  I have always heard that 2 bedrooms are hard to move and that 3b's are pretty much bulletproof when it comes to demand.  That might not be an option in those areas with our budget.  I see so many come and go, I wonder if this really holds true at all in L.A.? 

Thank you all again.  All of this advice is truly appreciated.

Post: Looking to buy our first property in Los Angeles County

Matt HallPosted
  • Manhattan Beach, CA
  • Posts 10
  • Votes 4

Hope this is ok to ask a general lifestyle as well as investment questions.  My wife and are looking to buy a single family home hopefully in the next couple of months.  We're currently looking in Granada Hills, Pasadena, and Burbank with a budget of $500,000.  Any thoughts on the appreciation aspect of these 3 areas?  I would love to hear what you think about these areas for a couple in our demographic as well, in terms of quality of life (both 30, newly married, looking for a good neighborhood to start a family).  Finally, I'll ask a very broad question:  How do you feel about buying right now, in terms of the market? Do you feel like prices in general have plenty of room to grow?

Thanks in advance!

Post: Rookie from Los Angeles

Matt HallPosted
  • Manhattan Beach, CA
  • Posts 10
  • Votes 4

Thanks for the warm welcome guys, looking forward to diving in!

Post: Rookie from Los Angeles

Matt HallPosted
  • Manhattan Beach, CA
  • Posts 10
  • Votes 4

Greetings,

My name is Matt and I'm currently living in Manhattan Beach, CA. I am completely new to real estate and I'm anxious to learn from all you fine people. I'm interested in buy and hold properties, single and multi-family homes. The high price tag of L.A. county has me looking at the surrounding areas or elsewhere. I look forward to being a part of this community!

Matt