@Pedro Feliciano, Additional cash flow from selling a larger property and buying multiple smaller properties is called a diversification exchange. 

@Pedro Marcano I'm not in your area but, check out the book, ” If You Can't Wholesale After This.”

Hopefully we can chat there, sounds like we have similar goals - I just put an offer on a 3 unit in San Pedro yesterday!

Thanks,Pedro

Originally posted by @Pedro Morais:BP Team, Seems like there is a lot of interest in other posts regarding whether it is necessary/wise to have an holding LLC in addition to individual LLCs that own property.

I specialize in the south bay & beach cities - Torrance, San Pedro, Long Beach, & Hawthorne all have nice areas where you can find a condo for $550k.

The Buyers are coming from San Pedro where they lived in a less than 1,200 square foot home on a 6,000 square foot house.I'm seeing a bigger price gap between fixer condos and done condos than before. 

Hi All,So my wife and I are actively making offers on 3 and 4 unit properties in the South Bay (we'd be living in one of the units) and we're thinking we're going to try and rent out our townhouse in San Pedro that we're currently living in. 

Pedro

@Pedro Carbajal-Madrid I'll send you a PM for an attorney that did our LLC, he works out of Irvine, and can put it together along with the OA.