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19 December 2015 | 7 replies
I've started trying to value multifamily deals, but having some difficulty knowing what is reasonable to estimate for maintenance (i.e. repairs and capital expenses). Does anyone in the LA area have a general "rule o...
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19 December 2015 | 13 replies
The CFPB views L/Os in the same way the Tax Code recognizes a sale.
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20 December 2015 | 8 replies
Given the facts that (1) I could get into a property for a measly 3.5% down, which would free up cash to invest in other places if I so chose, (2) I was already throwing away rent every month such that I could still be cash flow negative of $650/month (what I was paying in rent) and still be better off because a portion of my monthly payment would be building my equity and the rest would be tax deductible, and (3) I’m in my 20s and have the time to take a long-term view of appreciation potential, it was a no-brainer to go the FHA 4-plex route in Los Angeles, despite the fact that it is one of the most expensive markets in the country.One thing to keep in mind when looking for an FHA owner-occupied triplex or fourplex is that 85% of the market rents on all four units need to cover your monthly payment (principal, interest, taxes, insurance, and mortgage insurance).
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24 December 2015 | 13 replies
Now expanded my way out to Orange County and Los Angeles.
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7 December 2018 | 2 replies
Wanted to bump this Questions, Any Wholesalers in LA, Orange County, Los Angeles, Hollywood, wilshire, venice, that have a good way to find ownership info?
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24 December 2015 | 11 replies
In Los Angeles, there are law firms that pay people to go door to door and try to get tenants to file big lawsuits against their landlords.
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27 December 2015 | 3 replies
I am from Los Angeles looking to get my second rental property.
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2 October 2018 | 3 replies
I'm looking for some good strategies for sourcing off market deals, in and around the Los Angeles area.
29 November 2016 | 3 replies
I am a 30 year old life long resident of Los Angeles, ca.
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23 October 2015 | 6 replies
Hi Josie,I'm also new to BP, and just seeking out people in Los Angeles who have some experience doing RE deals here.