Results for ‘What to buy’ category

Avoid problems with the Los Angeles Housing Department

Pro tip: You don’t want to buy a building, only to find yourself in the middle of a war with the Los Angeles Housing Department (LAHD). Under the standard California real estate sale contract between seller and buyer, the seller has a duty to disclose any on-going issues that may effect the value of the

My problem

I have a problem: I find good deals every week but I don’t have the money to buy them all myself (even though I want to!). So my solution is to find like-minded people who want to own apartment buildings and help them buy the deals I find. But how do I find these wonderful

What real estate success looks like

So far on this blog, we’ve spent most of our time talking about buying your first building. But what does the end-game look like? One thing to understand about real estate is that there’s literally no limit to how big you can get. If you’re disciplined about saving money and re-investing, you can keep growing

Buying a single family home for investment purposes

Recently, I’ve had some people approach me about buying houses for investment purposes. The concept is simple: There are loads of people out there who either can’t or won’t buy a house right now. They choose to rent (hopefully from me!) instead. But there are lots of people trying to sell their houses… both individual

The numbers are in: South of the 101 is better than Silver Lake

On the numbers alone, buying income property south of the 101 beats buying in Silver Lake. There, we said it. Before we get to the numbers, the area we’re talking about includes part of Westlake/Historic Filipino Town and the southern part of Echo Park. We’re going to call it…”South of the 101″. Here’s a map: Here’s

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