I moving to Los Angeles to be mentored in real estate investing and wanted to know if landlords are willing to discount or exchange managerial services for rent. Is that something landlords consider?
I've spoken with a handful of people who received free/discounted rent in exchange for managing the property. These are usually large properties, it is basically a full time job for the person, and they had prior experience.
My guess is that not only will it be difficult to find a place to live in LA (units are going very fast), but it will be extremely difficult for you to find what you are looking for.
Yes, this is something that multifamily owners do! Usually CA law requires an on-site property manager (someone who lives at the property) for 16+ units. If I were you, I would drive around some neighborhoods and see where they are doing renovations / finishing up a rehab of a medium size apartment complex. Try to find an owner and ask them if they have a property manager yet. 9/10 they usually don't. If they like your experience, I don't see why they couldn't make it work!
I live in Menifee and have a single-family residence I am renting out. Currently occupied by non-paying tenants 😩😩 but if it was vacant, I would like to rent out rooms individually and would exchange rent for one of the rooms if someone stayed there as an acting landlord on my behalf. Not exactly what you’re looking for but maybe an option. I’m not sure if anyone else has done this?