Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jacob Scarpaci

Jacob Scarpaci has started 1 posts and replied 6 times.

Post: Newbie in Los Angeles

Jacob ScarpaciPosted
  • New to Real Estate
  • Los Angeles
  • Posts 6
  • Votes 2

@Adam Young

Ha. No I haven't done any video work with real estate. Perhaps if I had though, I'd be farther along with this stuff. 

Post: Newbie in Los Angeles

Jacob ScarpaciPosted
  • New to Real Estate
  • Los Angeles
  • Posts 6
  • Votes 2

Thanks @Zeke Liston!

Post: Newbie in Los Angeles

Jacob ScarpaciPosted
  • New to Real Estate
  • Los Angeles
  • Posts 6
  • Votes 2

Thanks, Nabil. 

I actually just moved from Eagle Rock to Pasadena. I'd be interested in more information on your group if you can send a link. 

Post: Newbie in Los Angeles

Jacob ScarpaciPosted
  • New to Real Estate
  • Los Angeles
  • Posts 6
  • Votes 2

Hey, Jason. 

Appreciate the response. 

The Oregon house is paid off so all cash flow (minus expenses & taxes). I really don't want to sell it but would like to know how I can leverage that property toward an additional one. Perhaps it's simply with the cash flow. 

I setup an appointment with a realtor next week then plan to start looking at loan options to see what we qualify for. 

Is the house hacking advantage mainly for the 3.5% downpayment? 

Post: Newbie in Los Angeles

Jacob ScarpaciPosted
  • New to Real Estate
  • Los Angeles
  • Posts 6
  • Votes 2

Thanks Lewin. Same to you. 

Post: Newbie in Los Angeles

Jacob ScarpaciPosted
  • New to Real Estate
  • Los Angeles
  • Posts 6
  • Votes 2

Hello BP!

My wife bought me Brandon Turner's: The Book on Real Estate Investing which brought me here. I've nearly finished the book and, honestly, feeling a little overwhelmed. 

Some background on me: 

--Freelance video editor living in LA. I'm interested in supplementing my income with real estate. 

--The rents seem to be skyrocketing in LA so, in order to survive here long term, it seems we'll need to purchase something soon.

--I was fortunate in having my grandfather leave me a paid-off home in Oregon several years ago. According to Zillow it's worth around 230k now. 

I'm trying to learn as much as I can right now. From what I have read so far, the House Hacking scenario seems to make the most sense in getting started. My goal would be to add enough properties so I wouldn't feel as much pressure from my day job and have the freedom to take only high-quality jobs. 

Any beginner advice would be greatly appreciated! Especially tailored to Southern California. 

Thanks!
Jake