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Updated about 13 years ago on . Most recent reply

Hello everybody with big pockets from So Cal
Hello. I want to become a landlord so my pockets can swell up too. I am interested in Compton, Lynwood, Inglewood, South Gate, Bell, Huntington Park, N Long Beach...anywhere except Los Angeles city.
I will live in one unit to start, and I'm not rich, but I would like to be.
Most Popular Reply

Chuy, the first tip I would offer is to keep your eye on the task at hand as opposed to getting rich. If that is your only objective, it will be reflected in your performance as a landlord.
Build your castle, but build it one stone at a time and focus on the skill and craftsmanship and the money will come.
Besides, I know all of the areas you mentioned very well. Your tenants will see right through you if you don't appear to be sincere about your responsibilities as a landlord.