All Forum Posts by: Francisco Trejo
Francisco Trejo has started 9 posts and replied 40 times.
Post: Help. Land development, Rancho Cucamonga Cal.
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Thanks Jack. I already own the land..
Trying to put 4-5 homes on it..
Post: Help. Land development, Rancho Cucamonga Cal.
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Post: Help. Land development, Rancho Cucamonga Cal.
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Hello BP, wanted some insight on Land Development in Rancho Cucamonga CA. Little over 1 acre. Looking to build 4-5 single family homes. Looking for help on making this happen. Thanks
Post: 4Plex Coin Laundry? Buy vs. lease and how to collect funds?
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Any and all info helps.
Post: 4Plex Coin Laundry? Buy vs. lease and how to collect funds?
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Thank for info, currently looking into turning an existing storage/garage- into a small laundry for a triplex here on Los Angeles.
Post: Los Angeles Deal Analysis
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
CRE... ? please explain
Post: I'm jumping in to the game
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
congrats, ... how did you finance your deals?
Post: Eviction / tenant advice / lawyer?
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Need a good eviction attorney in Los Angeles. ?
Post: Eviction / tenant advice / lawyer?
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Hello, BP world I recently closed my first multi family investment, in August here in Los Angeles. It's a triplex with approx 2200 cash flow.
One of my tenants ,the 3bdr unit started calling me to complain about one of her Co lessee #1. Her complaint her Co lessee#1 is smoking meth in his room and allowing his boyfriend to stay there. They are possibly selling drugs.
These tenants also worked together. She informed their job about drug use . He (co lessee#1) was fired from job.
I originally advised her to call the police if there was anything illegal going on.
This was a couple of weeks ago.
Her latest complaints, the police was called a couple of times they've done nothing. Co lessee#1 is not helping with their bills.
She has stated Co lessee #1 can't pay the rent coming due.
She and Co lessee #2 can pay full rent due on the 1st. But she wants co lesee #1 evicted.
All 3 tenants are on lease. I have left several message for co lessee #1 , no return call.
I'm seeking advice suggestions on what my next step in resolving this? Can I evict just one lessee?
Post: Buy or Build apartments in Los Angeles
- Investor
- Los Angeles, CA
- Posts 44
- Votes 9
Hello Kevin and Welcome, I'm also kinda new at this , I just closed a triplex deal on Friday as my first investment, wictch was great going into 38th birthday for me. In the last two years I have added 300 to 500 Sq ft. To 3 different houses, my own my parents and a friend. I have priced construction, and in in Los Angeles you're looking at $125 to $170 per Sq. Ft. + permits.
Best luck , hope this helps