Investment Properties in Los Angeles County : Advice

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Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo-Broker answered:
How do you find a good realtor that knows about foreclosures?
Foreclosures make up such a small percentage of the active listings on the market. There are plenty of well priced properties to choose from. If you are still in the market, give ma a c ... more
0 votes Share Flag A few hours ago Investment Properties in 90650
USMortgageRa…, Real Estate Pro in Austin, TX
USMortgageRanger answered:
I have a misdemeanor, can I buy an investment property (rental property)
Hi Sweety213,

Congratulations on your decision to purchase a another home. There is no criminal back ground check in mortgage lending. You qualification will be based on your credit, ... more
0 votes Share Flag Fri Jan 23, 2015 Investment Properties in Los Angeles
Jamie Tian, Real Estate Pro in Los Angeles, CA
Jamie Tian answered:
In LA area, which will be the best condo investment - 1 bed, 2 bed, or 3 bed rooms?
It depends on the neighborhood, but typically a 2 bedroom 2 bathroom condo is the most popular type in Los Angeles.

Do you need some help with purchasing an investment condo? I woul ... more
0 votes Share Flag Tue Jan 20, 2015 Investment Properties in Los Angeles
Jamie Tian, Real Estate Pro in Los Angeles, CA
Jamie Tian answered:
Is Westchester a good area for investments?
Hi HopieB12358,

Please contact me directly at (310) 717-1321 or JamieTian@RodeoRE.com and I would be happy to help you analyze which of these areas would be better for investment by ... more
0 votes Share Flag Wed Nov 19, 2014 Investment Properties in Westchester
Ben Vorspan, Real Estate Pro in Studio City, CA
Ben Vorspan answered:
I am buying a tenant out by taking the unit off the market (Ellis Act) should I pay the tenant directly or should I go through an escrow account?
Never hurts to protect yourself with escrow.

obviously, it goes without saying, make sure you speak with a lawyer to be sure everything you're doing is legal and paperwork is in orde ... more
0 votes Share Flag Mon Nov 17, 2014 Investment Properties in Los Angeles
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
Looking for opportunities to buy an income property in LA area with only $60K. I am looking for 10% ROI or better if this exists now? Own in Red Bch
I think there are many people who would love a 10% return on any investment, but I have rarely heard of any. You have to take into consideration, Real Estate investments also have costs ... more
0 votes Share Flag Sat Nov 15, 2014 Investment Properties in Hollywood Hills
Arpad Racz, Real Estate Pro in 94040
Arpad Racz answered:
I am interested in finding motivated sellers in my area. Any suggestions?
Hi Francisco,

Look for High Days on Market properties and fixer upper properties on the MLS.

Kind regards,

Arpad
0 votes Share Flag Sat Oct 25, 2014 Investment Properties in 90240
Jacqui Rum -…, Real Estate Pro in Calabasas, CA
Jacqui Rum - The Morton Team answered:
Buying lot and building in Calabasas.
Ola!

I am Portuguese, from Azores.:) Mas eu falo Portugues:)

If you are still in LA, please call. Eu gostaria de ajuda! :)
Here is my email: jacqui.rum@gmail.com
1 vote Share Flag Mon Oct 6, 2014 Investment Properties in Calabasas
Austin Chen, Real Estate Pro in Los Angeles, CA
Austin Chen answered:
Is ingelwood rent control?
Ben-

Did you ever buy anything in Inglewood? Or anywhere else for that matter? Super curious.

Thanks,
Austin
0 votes Share Flag Mon Sep 29, 2014 Investment Properties in 90305
Brian LeBow, Real Estate Pro in 91780
Brian LeBow answered:
Looking for MULTI FAMIL / INCOME PROPERTIES (R3 R4) in Los Angeles
Hello Ryan!

I agree with Dorene. The best way to find Income Properties is to work with an experienced agent.

If you're in the San Gabriel Valley or LA County, I would be happy ... more
0 votes Share Flag Sat Sep 27, 2014 Investment Properties in Los Angeles
Brian LeBow, Real Estate Pro in 91780
Brian LeBow answered:
Looking to pursue a career in real estate investing need a mentor
I think you may have the cart before the horse. Investing from a far, or without really knowing the neighborhood can be a recipe for disaster. Don't invest without looking at property ... more
0 votes Share Flag Sat Sep 27, 2014 Investment Properties in Los Angeles
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
Is the cost of homes rising the closer you get to down town la? If so why ? In five years will there be much of a change?
Less of a commute.
Closer to cultural centers.
Closer to events.
More and easier public transit.
Better safety net.

Because more and more folks are looking to buy in such locatio ... more
0 votes Share Flag Sun Aug 3, 2014 Investment Properties in 90063
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
Hello. I'm interested in buying two building units, each with a different seller. Is it possible to make the sale contingent on being able tobuy both?
Yes it is but doing so will complicate both transactions. To you it may be one "whole" transaction but i reality it's two separate transactions and either or both sellers may use your c ... more
0 votes Share Flag Sun Aug 3, 2014 Investment Properties in Los Angeles
Nancy Hannah, Real Estate Pro in 90292
Nancy Hannah answered:
Second home as investment property in downtown Los Angeles
There are some excellent areas still competitively priced in Los Angeles. I would look into Highland Park, Mt. Washington and Echo Park. Lovely communities close to DTLA with huge fut ... more
0 votes Share Flag Thu Jul 17, 2014 Investment Properties in Los Angeles
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
I am from canada and Im looking to buy a multi family home in Los angeles (investment prop), how does it work with money down and so on?
For a large Multi Family property you will need 35% down for a commercial loan. There are other issues when working with a buyer from out of the country but my lenders have experience. ... more
0 votes Share Flag Fri Jul 11, 2014 Investment Properties in Westlake
ashleybee, Renter in Pasadena, CA
ashleybee asked:
Why does it seem like all of these section 8 landlords are slum lords... I am having a hard time finding a nice place in los angeles county. Its so much Section 8 discrimination in Los Angeles County that it seems that these land lords use the program to rent apartments that no normal person would want. Is there a place I can…
0 votes Share Flag Wed Jun 11, 2014 Investment Properties in Los Angeles County
Brad Korb, Real Estate Pro in Burbank, CA
Brad Korb answered:
I am searching for a lender for cash out refinance. Only problem is that the property (2 units, two houses on a lot) is sitting on a commercial zone.
Hi Brian,

I would talk to a big bank that could portfolio the loan since it is non-conforming ,like City National Bank ,etc,good luck !
1 vote Share Flag Sat May 31, 2014 Investment Properties in Los Angeles
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
How can I find out the status of a "pending" contract?
Pending means the property has an accepted offer and is in escrow. Have your Realtor inquire on status and to let the owner know you are interested in case the sale falls through. Have ... more
0 votes Share Flag Fri May 30, 2014 Investment Properties in Silver Lake
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
How to find an investment property with leaseholder?
There are lots of them out there for sale with tenants in place. Just let your Realtor know, you want an investment with tenants.
Most owners of investment property would like to kee ... more
0 votes Share Flag Sun May 25, 2014 Investment Properties in 90020
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