All Forum Posts by: Ciprian L.

Do you plan to sell the property in the near future? I plan to keep them forever. I'm sure that they will be worth more in 10-20-30 years than today. 

With the low interest rates and with a rent of 2k+, I'm sure that you can find something that makes sense to buy. It's not easy to find a deal these days, but if you keep looking, you will find something.

Good luck!

Hi @Account Closed. Welcome to BP.

I purchased a duplex last year and live in one of the units, very happy with my choice.

Your numbers look much better than mine, I would buy it.  

Do you really need a property management company for the unit next to you? I think it's ok to account for it in the analysis but for the time that you leave there you can save the $130 a month.

Why do you want to sell in 5 years? Hard to say what is going to happen to the value of the property, but I don't think that the rents will go down. Worst case you keep it for another few years and get the extra cash flow.

If for some weird reason you decide not to get it, I would like to know the address :D.

You get to network with other investors for about 1 hour, then for the next hour and half they have a speaker talking about various strategies of real estate investing.

I think you can find them on meetup.com. 

I'm a member of womeninvestclub and I attended a few of the Club in action meetings. That's how I know about the dates, I'm on their email list.

@Danny Cerecedes

Club in Action has a meeting in Burbank on Wednesday July 15

Womensinvestclub has a meeting  in Glendale on Tuesday July 21

Thank you Josh. I will check them out.

Hi BP!

Do you have any recommendations for a service to run the credit check for tenants in Los Angeles area?

Thank you!

As of yesterday I have a new AC system installed with the help of @Josh C.. It was a very pleasant experience working with him and I'm very happy to be part of the BP community - it makes the real estate investor life much easier.

Thank you BP!

 @Kellis Landrum I purchased a few properties from Jason. It was a positive experience. I live in LA and my first purchase was in Atlanta. It was around the time when the equity funds started to do business there. Send me a PM if you have some specific questions.

@Ashley Mullin. Do you do the work or you have someonee else do it? I think I have to replace the entire system. What do you think about what I was told?