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All Forum Posts by: Archie Robb

Archie Robb has started 1 posts and replied 58 times.

Post: New Member from Atwater Village - LA

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

Welcome @Courtney M.

I work in Atwater and other nearby areas. As you said, the flip market is super competitive and is extremely hard to get into unless you can find an off-market deal. Feel free to contact me if you ever have any questions regarding multi-family properties. 

Post: Moving to Los Angeles| Tips or Suggestions?

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

@Colton Kennelly

I'll send you a PM as I work in LA. 

Post: Opinions Soiught: When to Sell

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

@Chris Bellomo

As Jesse said, as long as it's in decent shape you should be good to sell now. 

I'd love to see the property, feel free to PM me any details! 

Post: Pulling data from the MLS?

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

@Matt Weiss There's an export function. Just create a search with your specific criteria and click count. Once you bring up all the listings for that specific search there's an export button. 

If I ever figure out a better way to do this I'll remember to post in this thread. 

Post: 4 plex in Los Angeles Airbnb

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

@Michael Pedenko Silverlake is a great area so if you can get a good price on a quadplex I would say go for it. I would prefer to do airbnb a little closer to Hollywood and Highland but I know for sure people do great on Airbnb in Silverlake. 

Post: 4 plex in Los Angeles Airbnb

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

Hi Michael,

I'm a new agent based in Los Angeles and I have used airbnb on one apartment for the past 8 months and I have quite a few friends who airbnb. 

My apartment is a 2 bedroom/2 bathroom that I rent for $1,700. With utilities it comes out to roughly $2,000 per month. I gross $2,900 on average with my lowest month being February due to a guest that cancelled on me after having the entire month booked so I had to scramble to get people in there which left me with 5 vacant days for the month. However, I still grossed $2,500 that month. My most in a month was $3,400. I'm booked about 95% of the time. 

Location matters more than anything. You want to be close to heavy tourism and if you're not than I don't think you should airbnb unless you're happy with 50-70% occupancy rates. My location is basically the entry point to the Hollywood Hills and guests can see the Hollywood sign from my apartment. Airbnb has also jacked up rental prices all over Los Angeles so I would also guess that my apartment would rent for 22-2,500. 

A friend of mine has a 2 bed 2 bath apartment in the heart of hollywood that he rents for $2,500 and I know some months he struggles to gross $3,000 but he then grosses over $4,000 on a good month. 

Have you found a property to purchase? 

Feel free to PM me if you have any questions. I may be able to get some info from a friend who airbnbs 5 units all over Los Angeles. 

Post: Pulling data from the MLS?

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

Please ignore the question on pulling data, I've figured it out. 

But the tutorial question still stands. Any good tutorials out there? 

Post: Pulling data from the MLS?

Archie RobbPosted
  • Los Angeles, CA
  • Posts 62
  • Votes 20

Hi all, 

I apologize if this has been posted but I can't find anything on it via BP or Google. I'm from Los Angeles, CA and I'm looking for a tutorial on pulling data from the MLS into CSV/Excel.

On another note, can anyone recommend a good tutorial for the MLS? I'm a new Real Estate Agent and I would like to learn everything about the MLS. I have been playing on it but I'm sure there are better ways of compiling research and statistics.

Thanks,

Archie

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