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All Forum Posts by: Yiming Li

Yiming Li has started 6 posts and replied 13 times.

Post: new member from California

Yiming LiPosted
  • Woodland Hills, CA
  • Posts 14
  • Votes 4

Thank you @Walter Roby jr, @George Blower, @Ali Boone, @Jeffrey Almonte! 

For now I am looking at California properties. 

Post: new member from California

Yiming LiPosted
  • Woodland Hills, CA
  • Posts 14
  • Votes 4

Dear all,

I just joined the BiggerPockets community and very excited about it. 

A little about myself: I live in San Fernando Valley on the west side of LA and primarily interested in learning about investment/rentals. 

I think BiggerPocket is an awesome place and I hope I can contribute to and grow together with it! 

Yiming

Post: enclosed patio without permit: a red flag for rental?

Yiming LiPosted
  • Woodland Hills, CA
  • Posts 14
  • Votes 4

Dear friends, 

I am first time investor and look for a good rental property in the San Fernando Valley area. Here a lot of house are built in the late 50's or early 60's and with a lot of modification. Specifically I see many houses have an enclosed patio room(not bedroom), which was built without permit. 

I am wondering for rental property shall I avoid this type of properties? what could be the risks of having tenants living in a house with unpermitted additions? 

Thanks a lot,

Yiming