All Forum Posts by: Trish Elle

Thank you so much @Benjie DeVera , that's very helpful! 

Thanks @Benjie DeVera , yes our strategy is definitely on the appreciation of properties in this particular developing area we want to focus on. I also read from another forum (Outside of Bigger pockets) that FHA approved properties have an upside in terms of adding value to the building to encourage new homebuyers which factor in the development and revival of the neighborhood, as opposed to properties that are not FHA approved-I'd appreciate thoughts on that as well.

Thanks! This is very helpful!

Trish 

Hello all,

My partner and I are interested in purchasing a one unit condo to use as a rental property.   We would like to start conservatively and start with one unit and gain experience before jumping into a multi-unit property.  This would be our first home purchase.  I wanted to get thoughts on the different nuances (more concerned with taxes and fees, insurance, etc) as a landlord here in Los Angeles.  We would be living in a completely different place from the condo we're looking to purchase.

Appreciate your feedback.  Thank you!