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Updated over 5 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Faris Monshi
  • New to Real Estate
  • Los Angeles, CA
1
Votes |
6
Posts

Househacking a Condo

Faris Monshi
  • New to Real Estate
  • Los Angeles, CA
Posted

Hey all,

First post on Bigger Pockets, stoked to be here!

I'm starting my real estate investment journey by househacking a condo I'm already living in here in North Hollywood. The HOA does allow me to take on tenants, so all good on that end.

But now I'm trying to dig up info on LA County's requirements/regulations, and was hoping this sub-forum could shed some light on what it takes to do things by the book here. Do I really need to do things like register with the Housing Department, obtain a business license or register for a tax certificate? Apparently this is necessary in some municipalities, but I can't seem to find specifics for LA.

Any info is much appreciated. Even better if you could teach a man to fish, so I'll know how and where to find this info efficiently for future investments.

Thanks!

Faris

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