-STANDARD SALE- 7,000 sqft lot just south of Ventura blvd in prime Sherman Oaks is ideal for development or remodel and add sqft The charming home is within close walking distance to some of the best restaurants this area has to offer.

To get quick and dirty numbers you can use 5% vacancy, 10% Maintenance and 8% CapEx... assuming the building is in OK shape. 

You would just take over payments on her existing mortgage.Another option is you write the contract for the $215K that Zillow estimates and you tell your bank that the $31K down payment is coming from a gift of equity.

We currently take bookings on Vrbo, AirBNB, and Direct.  

Rent is 1900 and his gross monthly is 4000.

I have 29 properties and use turbo tax to do my taxes.

@Sean Gammons I love house hacking and would absolutely do this every 12-15 months if my partner wasn’t totally against moving frequently.

@Michael Clark, we are in the same market so I'll hit your inbox and maybe we can talk offline, but I'll make some comments here for everyone as well. 1.

Each lot is 1/2 an acre and located near 3 large golf course communities.  

I have wanted to start investing in real estate for a while now and I have recently taken the next step by educating myself on the process I plan to purchase my first rental within the coming year.