Hi Everyone,

Well, I've just made an offer on a property and may be about to jump head first into my first rehab. I'm looking for as many referrals as you may have.

If I survive in one piece, I'll be sure to write a...

I actually have similar concerns regarding my area as I am in Los Angeles.

Does anyone know where I can get this same info for areas like Austin, Dallas, and Los Angeles?

Finally just getting around to investing in some long term real estate in my local area and came across this site when I bought my first/second rental last year and thought I should become a member and meet some people that help make this site so informative.My goal is to have around 10-15 properties in my local area that I can rent out and help my kids understand the ins and outs of real estate when they get older.I also work with Property mgmt companies in the Los Angeles area helping them with controlled access as another job.

California law does not require you pay interest on the security deposit, EXCEPT in a few markets where required by local rent control ordinances (like in Los Angeles).

How's it going guys, I have a few questions regarding flipping homes in CA, Los Angeles area to be exact.

@Jarrett Harris - That was what I initially wanted to do but after about a year of looking for a multi unit in my area (Los Angeles) I couldn't find a deal that made sense financially.

Note these are some of the largest, most successful RE investors anywhere. https://www.corelogic.com/intelligence/total-investor-home-p...Case Shiller has ranked total return on residential RE I have not seen this in a while, but every time I have seen it the top 3 large cities for total return in the US has been San Francisco, Los Angeles, and San Diego I believe smart investors can always make money.

This is mainly in part to the fact that I only invest in Calss A- to Class C+ assets in major metropolitan areas like Washington DC, Orange County, CA, and Los Angeles, CA., and then only certain neighborhoods within these markets.The lure to investors is like a property in DC I bought in late 2017 for $199,000 and did a cash-out refi in 2019 since the property appreciated $142,000 in 2 years, I now have zero dollars in the deal as of today, rents have increased $75 per month making the deal look better than the $-25 a month when I did the deal.I will add that I would probably never do some of the negative deals I see that are in the 100's of dollars a month.

He said a full financial firm could handle it better. sounds expensive. how much should I expect to pay here in the SF valley in Los Angeles considering the 9 rentals I self manage and my wife filed jointly.