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All Forum Posts by: KJ L.

KJ L. has started 2 posts and replied 201 times.

Post: South Los Angeles Holiday Happy Hour

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

Thanks BeFO! 

Post: December South Los Angeles Meetup

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

Thanks BFO 

Post: Los Angeles Real Estate investment club

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

Santa Monica has a free meetup, we have a free South LA meetup, I heard Pasadena has a REIA (I think that's free), there are two free meetups in the valley. Check the BP events page for Los Angeles and there should be more information listed.

Post: Should I buy a Tesla Model 3 and a Condo or buy a house in L.A.?

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

@Account Closed Awesome advice Saj

Post: Starting a Meet-up Groups in Los Angeles

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

We have a meetup on Dec 15th @ 10AM at a member's flipped home in South LA. @Brandon Foster will create the event post on BP and you can join our South Los Angeles Biggerpockets Facebook group for more information on upcoming events and meetups. 

Post: Lake Elsinore and Moreno Valley CA

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

Hey Angela, 
When you say "you're looking into investing".. do you mean you're considering purchasing property for buy & hold? Wholesaling? Flipping? 

Post: Los Angeles rent controlled cash for keys

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

@Lee Ripma Does your tenant negotiator speak Spanish? I didnt know that was a thing but it's a great resource for future projects. 

Post: Los Angeles rent controlled cash for keys

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

When I initially made the cash for keys offer to my tenants, I consulted with my lawyer and she suggested that I started with a verbal conversation with the tenants to see if they were interested and then she'd get involved in the backend if necessary (since there are forms and all the requirements now). 

Long story short, the tenants didn't accept cash for keys so we went through the city for formal RSO eviction and actually spent 6 hours in court yesterday.

PM me if you want my attorney's info; she's the best.

Post: Fix and flip investors pulling back in LA?

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

@Kenneth Kussman The people who are moving into the flips in our areas are mainly young couples (i see a few DINKs - dual income no kids)  who have received inheritance or most likely have 6-figure household incomes. Like us, they're probably just exchanging their rent expenses for mortgages.

Post: Fix & Flip Complete in Los Angeles' Silver Lake hillside

KJ L.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 210
  • Votes 155

Congrats Shawn & Zerik to another awesome and beautiful home!!!