Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Yanliang Mo

Yanliang Mo has started 1 posts and replied 9 times.

Post: Where are all the female investors and real estate agents?

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2

Hello ladies, I am a female investor in Los Angeles. 

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2
Originally posted by @Saul Levy:

Going to second @Charles Cooper's thoughts here. San Pedro is the best value right now. Long Beach I believe is closer to a peak.

Yes, I do see it pretty active. But I still feel it might take 10-20 years to have a total make over. Still should worth trying. 

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2
Originally posted by @Charles Cooper:


You mean east of S.Pacific Ave is the good area? Okay.....333 W 8th looks like a developer’s project from the street, maybe I didn’t go up and see? 

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2
Originally posted by @Saul Levy:

Going to second @Charles Cooper's thoughts here. San Pedro is the best value right now. Long Beach I believe is closer to a peak.

I really want to think San Pedro has huge potential, but yet can’t help thinking, it might be another Long Beach, and never San Marino, Santa Monica.. means real estate not gonna go up that much? Easier just stay at Manhattan beach, Redondo and Hermosa? But again, don’t want to buy at their peak neither

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2

@Charles Cooper  

I am looking at 333 W 8th, although closing to the waterfront, not sure it's a safe area for now? Then 890 W 3rd that just came out? 723 W 11th? and 916 S Patton? 

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2

Thanks Josh, I was there at San Pedro today. And I know Long Beach. If by personal choice, I would stay within Redondo and Hermosa. But from investment point of view, if San Pedro has potential to have much better return, I would go there. Long Beach has so many listings, a bit overwhelming.

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2
Thanks, Charles. I really want to think San Pedro has potential.  If you live there, how do you think how easy to get long term tenants over there? I am looking at 7+ units. 

Originally posted by @Charles Cooper:

@Yanliang Mo San Pedro has a lot of potential and you get a lot for your money. Redondo is to high and you can’t get a return for your money unless you plan on developing a property. I would recommend San Pedro, I currently live here and tell all my clients to invest in San Pedro

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2
Thanks for the input.  Redondo and Arcadia is high, but you can still find around 4 CAP, which should cash flow some, not much. 
Originally posted by @Aaron K.:

Arcadia and Redondo are both really high, San Pedro is technically part of LA so it is subject to their rent control, Long Beach is a mixed bag and to my knowledge doesn't have as much of a development plan as San Pedro.

Post: Multi family in different locations of LA

Yanliang MoPosted
  • Investor
  • 90266
  • Posts 9
  • Votes 2

Hi everyone, I have been looking at multi family property in different locations of LA, mainly Redondo Beach, Arcadia, San Pedro and Long Beach. I prefer Redondo Beach, but I have read how Redondo Beach is kind of at its peak now, and San Pedro has potential with its waterfront redevelopment. But it looks to me it still might take 20 years for the city to have a complete make over. Long Beach has a lot of Multi family for sale, with section 8, is Long Beach a place to go?