All Forum Posts by: Lee L.
Lee L. has started 17 posts and replied 277 times.
Post: Traffic Master Vinyl Planks

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
I would suggest getting the click-together type rather than the cheaper stick-together type, which is probably what is going for $.89. I once used the stick-together allure, and after a few months, gaps started to appear between the ends of the planks. It had a funky smell too.
I've been using 7mm CoreXD from lumber liquidators. Not the cheapest out there, but I've had really good results so far, and looks great.
Post: Landlord using Tennant's electricity. Whats the proper way?!

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
I'd probably offer a nice round number, probably $50. I'd say that after the job is completed, I might need to revisit the project to make additional minor repairs to the garage, and the money is intended also for electricity needed for the minor repairs, if they ever come up.
Post: Advice: Needy Tenant

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
@Omow A. I would probably tell them that new paint, refinished counter tops, backsplash, blah, blah, blah is not a safety issue, and it would be difficult to make those upgrades at this point in time. If they are dissatisfied with the aesthetics of the property, they are more than welcome to leave with proper notice.
Post: House Hacking in Southern California

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
@Hector Bastida Another thing to consider when you're buying 2-4 unit buildings is rent control. Most multifamily buildings in L.A. City are under rent control. This would apply to South L.A. If a unit is occupied, and you intend to live in the unit, you can go through the city and pay the tenant relocation fees. This could range from $7K - $20K+ depending on variety of factors, including how long the tenants have lived there, whether or not there are children, senior citizens etc. You can also negotiate cash-for-keys. Anyway, it's more cash you need to cough up.
On the other hand, if you're buying in L.A. County (ie: Long Beach, City Terrace, but not Boyle Heights.), there's no rent control currently, and you can occupy the unit after giving proper notice, and no relocation fees are required
Post: Evaluating Neighborhoods For Remote Properties

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
@Sam Filter
As a starting point, try going on yelp, type in a few key words and see what comes up. It can give you a few insights about the neighborhoods and reputation based on yelpers' random reviews. There's a map, too.
Post: 11 Properties for 325K...What are some options?

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
@Tiffany S. I'd also be interested. I live and invest in L.A. and looking to invest out of state.
Post: Rentals in the San Diego area (any advice)

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
@Kristine Libby try https://www.rentometer.com
In redfin, you can look up multifamily properties that are for sale, under contract or for sale. The listings will often show the rents of the units, which would give you a few more data points.
Post: How would you renovate this kitchen (picture attached)?

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
It looks ok. I don't think I'd do anything.
Post: Method for tracking income/expenses

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
I use Google Docs spreadsheets. It's basically the same as MS excel, but saved in the cloud and can be accessed on all devices. Since a single version is saved in the cloud, It helps me avoid having multiple versions of the same file, some more up-to-date than others. I also like the fact Ithat I can look things up on the spot. Like the other day, I was shopping for vent hoods and went to the same place I went a year ago. With Google Docs, I was able to quickly pull up what they charged me a year ago, and was able to negotiate with the owner for the price they charged me a year ago.
Post: $1,300,000 Deal at Age 21 & I'm Retired!

- Investor
- Los Angeles, CA
- Posts 285
- Votes 141
You're too young to retire. Develop more income streams while you're young and have the freedom. Travel. Volunteer. Do things you've always wanted to do. But don't retire yet. Be productive to stay sharp and to maintain your body. You're just getting started.