., Miami, Beverly Hills

Are these properties in NYC, Vegas, Miami, Beverly Hills, mainly residential or commercial?

Yea I’d prefer North Shore areas like Salem, Beverly so on and so forth.

@Beverly Bowman It would be wise to take as many courses as you can and read and listen to the podcasts on this site.

I'm looking for solid contractor recommendations for a tear down/ground up construction of a single family home in the beverly grove neighborhood of LA.

Hello, I would love to hear some opinions from you guys about this value add multi family deal in Beverly Hills for those who know the area. 341s elm dr. 6896 sqft, 6 units 2 3/2 rented for 2780 and 2600 a month 2 2/2 rented for 2110 and 2040 1 1/1 bot rented for +- 1500 Bed/bath Owner asking: 3250000 Gross income: 138410 Expenses: 39419Property tax: 18849 NOI: 80142The building needs a few updates to bring the rent to market price.

@Beverly Teel ok great thanks for info!

The property is in Chino CA 91710 - definitely not a ritzy Beverly hills place, but has potential to be beautiful.

Thank you @Beverly Rogers ,I understand the heat and oven are emergencies and I'm definitely ok with them doing whatever is necessary.

In general, you will be hard-pressed to meet the 50% or 2% rule in Los Angeles. 2% of $1.2MM is $24,000 so you can see how challenging it will be in L.A. to meet these criteria.If you're looking for a duplex in the Beverlywood, Cheviot Hills, Pico/Robertson, Century City, Beverly Hills, or anywhere in LA for that matter, let's connect and I'd be happy to point you to some additional resources.