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All Forum Posts by: Nicole C.

Nicole C. has started 3 posts and replied 46 times.

Post: Is it realistic that a property owner would profit $200/mo?

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
You make money when market rate for rents appreciate so when you appropriately raise rents as the market rent climbs that's how you accumulate money while your mortgage is constant it never changes.

Post: How do you feel about san bernardino?

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
Facts : sanbernardino is the largest county in the United States the whole city itself is not crime infested As I am from Redlands which is a very nice city in San Bernardino with a 1O school district I can say reach out to a realtor in the area to give you a better answer. I can say the college area has many many apartment buildings at low prices so they would be your competition. A better bet would to buy a property at University of Redlands. The cost would be a lot higher but you pay for a better location.

Post: Best option private /hard money lender or conventional for flip

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
Sharika L. Thank you for sharing appreciate the feedback

Post: Best option private /hard money lender or conventional for flip

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
Soooooo I'm wonder what you folks feel is the best option for flipping.... What do you use. Let's say you have capital for down payment for both and good credit scenario A. Conventional loan with no prepayment penalty and Heloc B. Hard money lender

Post: Does the 2% rule apply in Los Angeles

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
How many bedrooms? what city would your buy and hold be? 4,000 is a lot for rent considering they can buy there Own house 0 down at 200,000 with a mortgage of 1,700 tops. Where are you finding houses at 200,000 in Los Angeles good deal!!

Post: Another Beautiful Renovation and Beautiful Payday!

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25

looks great love the sitting window in the kitchen .. Love love love it I'm inspired to put one on my own kitchen lol

Post: Los Angeles - Trying to get Started

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
Hey hey we are in the LA market and your money is good here. • if you buy a condo the hoa fees will eat you alive and you will not make profits •You have enough money to perhaps put up front costs on a flip and use a private or hard money lender. If you find a good deal in the outskirts of LA say sb county or Lancaster •Team up with another investor if you would like to stay and flip in LA county •Use the money to create a wholesale business and make more money •Buy a note.

Post: First rental showing

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
Open house is great saves you time and disappointment from those who don't show up. Whom ever turns in the app first with good credit standards and income has first dibs but the kicker is to have them turn in a non refundable holding fee that is valid for 10 days because some fill out an app and you think you have a renter and they find something else and u never here from them again. So the hold is key and should go toward security deposit.

Post: Los Angeles Based Investor

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
*contact us to put our minds together for a flip deal

Post: Los Angeles Based Investor

Nicole C.Posted
  • Realtor and Investor
  • North Hollywood, CA
  • Posts 49
  • Votes 25
Hello Allen I believe we share same goals values and city my fiancé and I are in the same boat. Did you do your first deal yet? If you want to collaborate your welcome to contact me.