All Forum Posts by: Bill Larsen

Hey Lauren,

I have an affordable contractor but I'm not sure he could get down that low, but he could try i guess.  PM me your contact info and I'll have him give you a call

I buy apartments in Long Beach and I'd say half of what we buy is off market, yet brought to us by a broker.  I'd recommend networking with the the "big players" in the commercial market out there

Woof. Rent Control is the worst. We usually have to pay waaaaaay too much money to get tenants out. You could challenge that they broke their lease and they don't live there, but all they would need to do is show up in court and say.... no Judge I live there.

I agree with @David Avetisyan probably would be best to have an eviction attorney take a look at your lease and see what can be done. i use these guys landlordeviction.net ask for David

Unfortunately I've seen this post a lot recently in the LA area... I buy foreclosures at the auctions and use these guys for my evictions:

http://www.landlordeviction.net/

Make sure you talk to David

Hi Yong,

I'm very active in the Long Beach apartment market I've been seeing some good opportunities to add value or buy with positive cash flow.  If you're looking for multifamily, I'd suggest taking a look up there

Hey Daniel,

Would Long Beach be too far from your workplace?  There's some great opportunity there to "house hack" a 2-4 unit property.  

Congrats Carlos!

Do you own a principle residence? buying a multifamily property and living in a unit would be my vote if you don't.  

If you own your principle residence and you're looking for cash flow with little risk, I'd suggest moving out of state to a city that hasn't experienced the appreciation that CA has.  I'm not big on Bakersfield but I do have friends that have done well out there.

Hey John,

Welcome to the party! I'm one of those "investor friendly agents" and have a house in escrow in Corona currently for an investor. When finding an agent to work with, it's important they know the grind it can be to find an investor client a deal.  Many will get burnt out after the first 20 offers written :)

I'm happy to chat anytime

I buy property at the LA County trustee sales and have done over 300 evictions with:

http://www.landlordeviction.net/

Ask for David.  

I went through a few attorneys before I found David's company.  He's very easy to get on the phone and they don't nickel and dime you. Let him know I sent you... good luck!

Paid off house that isn't a headache, appreciating at a good rate and making you $10k/year? I wouldn't sell.

I'd keep it AND buy more rentals in your area

But I don't think exchanging into a few properties near you would a mistake either. I'm more conservative than most people on this site and prefer paid off rentals