All Forum Posts by: Mattaniah Yip
Mattaniah Yip has started 6 posts and replied 50 times.
Post: Manhattan - NYC - AIRBNB Arbitrage
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
@David Flores please look up STR in NYC before diving into this. This is rule #1. A quick google search and you will find NYC has one of the strictest rules against STR.
Post: Landlord Assistance Programs - City of Los Angeles
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
@Daniel Leathers definitely don’t rely on Zillow and etc. I have a duplex in Mid City/West Adams area. Zillow values it at 835k. We just got appraised for 1.1 million. If you need a good handyman, just DM me. We have one we who is very dependable.
Post: WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
Originally posted by @Sam Leon:
I also think of property locations and property conditions having different classifications. In some older neighborhoods especially historic districts, the tenants look for older houses - they preferred the art deco bathroom tiles, the thick plaster & lath walls over granite countertops and stainless steel appliances.
but class D neighborhoods are easiest to tell. If you enter a neighborhood and you immediately lock all doors from the inside, and check to make sure your gun is loaded, you are in class D no doubt.
On the other hand, most class A+ neighborhoods as you drive through you cannot see the houses from the street. The house is set way back at the end of a long winding driveway, the front is fully fenced for maximum privacy. Occasionally through binoculars you may catch a glimpse of someone sitting on a porch, sipping a glass of mint julep, holding the glass with a white gloved hand with the pinky finger sticking up.
Pinky Finger is the dead giveaway of a Class A+ neighborhood! lol
Post: Looking for laminate wood flooring advice
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
@Darin Bowers I second ceramic tile. We have them in our personal home with two young boys and our rentals. Looks great and very durable.
Post: What's your financial freedom #?
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
In this scenario I am no longer with my w2 job but have passive and semi passive investments. My family have the freedom to take an overseas trip once a year, visit family, donate and kids school fund is funded. This number for me is 25k per month.
Post: Killing it by turning crack dens into safe housing
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
@Ewa Reza lol! Yes, we’ll chat.
Post: Killing it by turning crack dens into safe housing
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
@Michael Ealy very impressive!
Post: Los Angeles Investors, how do you do it?
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
@Chris Miller are being regulated. As of right now, only owner occupied non RSO units can short term rental. Please refer to this:
https://planning.lacity.org/or...
There is a host union that just formed that is very active. Please refer to this:
Post: Los Angeles Investors, how do you do it?
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
@Jay Chang Can you please pass the time and if they is an RSVP for the event?
Post: Newburgh Renovators Meetup In BED STUY BROOKLYN
- Investor
- Los Angeles & Detroit
- Posts 52
- Votes 17
I will hopefully be in the next one in Newburgh.