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7 August 2020 | 1 reply
How much will be property tax for a new ADU in Los Angeles county.
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8 August 2020 | 4 replies
I moved to Missouri and am selling my house in Los Angeles for stupid money (went into escrow today), and will be stacking cash and waiting for it to hit the fan to whatever degree it occurs.
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10 August 2020 | 2 replies
The Light blue is the Flood zone. 4) Click on the DOT and download and you will see the pop up of what the result is. 5) Look for the area that says OUTCOME and look to see if it says "Removed" or "NOT removed" NOTE: you will have to be patient the site is a bit slow but if you wait for it to develop you will be able to discover a lot about your area, so be patient.
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8 August 2020 | 2 replies
If using a 203K loan then you will also have to pay PMI, but you knew that.On a triplex or a fourplex you might be able to find something in East Oakland or Richmond in some "up and coming, blue collar, working class areas" that will cover your PITI, but those are few and far between.
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13 August 2020 | 10 replies
This is generally in core markets like San Francisco, New York and Los Angeles, where properties have a 1% to 3% capitalization (cap) rate and negative or zero cash flow.
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21 August 2020 | 23 replies
One strategy would be to start on a good solid blue collar rental thats already set to go apart from maybe a paint job.
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26 May 2021 | 114 replies
Your near Los Angeles.
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9 August 2020 | 1 reply
Purchase price: $21,000,000 Cash invested: $5,500,000 An affordable rental option with under-market rents in a solid market in one of the hottest MSAs in the country.The business plan is to cashflow this "yield deal" in a stable market/assetA "Blue-Chip" piece of my portfolio that I don't have to worry about because of stable tenants
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22 August 2020 | 11 replies
I think that more people will try to move out of the gateway/overpriced cities like New York, Los Angeles, San Francisco, Seattle, Washington DC, Boston, Philadelphia and head for more affordable states like Texas, Idaho, Florida, The Carolinas, and other sunbelt destinations.
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11 August 2020 | 5 replies
Another piece of relatively good news is that the official U.S. unemployment rate fell for the third month in a row to 10.2% from 11.1% (and 19.2% in Los Angeles County).