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All Forum Posts by: Stephen Marlin

Stephen Marlin has started 5 posts and replied 15 times.

Post: Quick Question re: Annual Property Tax

Stephen MarlinPosted
  • Tarzana, CA
  • Posts 16
  • Votes 6

Greetings,

I am very new to real estate investing and currently absorbing a lot of books, webinars, and podcasts in order to immerse myself in information. I am now just starting to look through loopnet.com to analyze potential properties to see if they are a good or bad deals.  But I have a bit of a silly question.  I am looking at a property in Burbank, CA. I went to the Los Angeles County Assessor Portal to see what the annual property tax is so I could include it in the BP calculator.  However, I am just not sure what number I am looking for on the site.  Any assistance on this would be greatly appreciated.


Thank you.


STEPHEN

Welcome. I too am in Los Angeles and currently consuming books, taking advantage of BP webinars and podcasts, and reading blogs.  Lots to learn. Best of luck.

STEPHEN

Post: 6th flip in Los Angeles

Stephen MarlinPosted
  • Tarzana, CA
  • Posts 16
  • Votes 6

Thank you, Adriel. Much appreciated. Funny thing ... I did just that today. There is a home around the corner that is being flipped. They took it down to the studs. Been watching the progress and seems to be moving at a reasonable pace. I pulled over today to ask who the GC was. However, they just have me the name of the entity flipping. The LLC. I will continue to look around for great GC. Thank you.

Best,

STEPHEN

Ben,

Whoa!  That is amazing. Looks great. I am brand new to BP and - like you did -  reading lots of books to learn as much as I can.  I am in Los Angeles.  I hope to do my first deal this year ... once I feel comfortable enough with all the knowledge I am ingesting.  Thank you for your post. I find it extremely helpful.  


Best,

Stephen 

Post: 6th flip in Los Angeles

Stephen MarlinPosted
  • Tarzana, CA
  • Posts 16
  • Votes 6

Hi Adriel,

I am brand spanking new to the world of REI and I'm currently reading a bunch of books to learn/absorb as much as I can. I own my primary residence, which is a single family home in Tarzana that I purchased around 2011. I figured if I was ever going to buy 2011 was the time as the market was beginning to come back. Very glad I did because the house has appreciated quite a lot. : )

Having lived in the area for a few years now I've noticed so many homes  in the Tarzana & Woodland Hills area that appear to be very distressed. So... it occurred to me that this might be a good area to look and learn and one day - hopefully - jump right in.

That being said, I looked at your before & after pictures.  Amazing!!  Looks great!   Do you have a GC that you work with and highly recommend?  If so, I'd love to get that information.  As I read a bunch a books I figured I could also begin to build a list of potential go-to people... contractors/subs, inspectors, etc.

Hope to hear from you.


Best,

STEPHEN