All Forum Posts by: Joseph Davis

http://www.themcconnellgroup.com

You can simply say you do not take section 8 vouchers. Regarding service animals: Ask the tenant to make a reasonable accommodation request. It should include documentation from a licensed professional stating that the animal is essential for your needs. It must state that you have a disability but the disability does not need to be identified. It must also state by the professional that it is essential for the tenant to have a service or support animal. Then if they provide ask to interview the tenant with the dog. This is what my lawyer said to request. I've been asked the same thing multiple times from applicants and generally don't hear back from them after requesting that. I would speak to your real estate attorney before making any statement you don't feel comfortable with.

Originally posted by @Josh Prince:

Hi @Joseph Davis - Welcome!  Koreatown is a popular area for investors.  I would be interested to hear about any good multifamily or commercial deals you come across. 

Hi Josh,

Thanks for the greet. The Koreatown market has really picked up and we are thankful as a Koreatown based company not to mention most of my agents speak Korean and grew up in the community which helps very much when breaking the ice with local owners.  I have a team that focuses on locating off market investment properties in the korea town market. So there is no misunderstanding, I wouldn't say that I hear about them I would say we proactively search for them. We package them if the underwriting looks good then we market the deal. I believe we have a few currently including a 4plex with street retail. If you would like, I would be happy to send you the underwriting and analysis so you can see the way we look at these and underwrite them.  I wanted to be clear due to the multiple warnings of solicitation that I in no way want to push product on anybody but am happy to share our inventory and services. Let me know where you would like me to send packages if you want them. 

Originally posted by @AdaPia DErrico:

welcome Joseph! How are your Koreatown investments going? LA is almost unrecognizable now, especially DTLA. Curious to know if that is spilling over into Koreatown. 

I personally don't own anything in Korea town just the Bay Area. That said we have aggressively bid on a few lots that would have been and are now being developed. Some of my agents along with our clients do own and are very pleased with the performance and outlook of the area. It is such an interesting market as it seems its becoming more and more hip and convenient to people who would have never considered a few years back. I know a few big developers are finishing up big projects and some that are eyeing even more grandiose developments that would seem unthinkable in our last real estate cycle. We also have picked up interest from retail clients including national chains. For instance we just put Los Angeles' biggest Verizon franchisee in a long term lease and have a national pet supply company looking to get in. I'm starting to call it la's 18hour city because of the influx of cool and interesting foods and entertainment options that seems to be contributing to the desirability of the area in whole. These things usually attract the people that support a more active, competitive and forward environment.

Hello BiggerPockets!

I'm so pleased to find such a platform to share and learn. I am a Landlord and Broker from Berkeley, California. I have extensive property management experience focused in Multi-Family apartments including student focused housing. I recently purchased my first apartment building located at the foot of the Berkeley Hills. I'm here to give and get advise and to meet possible future associates. I am a managing member and principal of a real estate brokerage firm based in the up and coming "Korea town" area of Los Angeles that's focused on commercial sales, investments and leasing. I offer to share my expertise freely and hope to expand it here at Bigger Pockets.