Rick Albert

Real Estate Agent

Los Angeles, CAMember since 2018

About myself

I'm Rick Albert, a Los Angeles real estate broker (CA DRE #01884303) with LAMERICA Real Estate, and an investor with 17 rental units across three states. I got my start house hacking, and my story ended up as a case study in Craig Curelop's The House Hacking Strategy, here on BiggerPockets. I was also a guest on the BiggerPockets Real Estate Rookie podcast, talking about how I got started: https://www.youtube.com/watch?v=zsX59F6X308 From there, I exchanged my LA condo into a fourplex in one state and a triplex in another, and kept building. All of my rentals are out of state now, so I know firsthand how to use LA equity to buy cash flow somewhere else. How I help investors in Los Angeles and Ventura County: - Selling rentals: tenant-occupied homes, homes with ADUs, and 2-4 unit buildings, with the 1031 exchange or next step planned before we list. When I sold my own Granada Hills home with a tenant in the ADU, I combined the home sale exclusion with a 1031 exchange on the ADU portion. https://rickalbertonline.com/sell-rental-property/ - 1031 exchanges: standard, reverse, improvement, and out-of-state exchanges, plus DSTs if you're ready to go passive. https://rickalbertonline.com/1031-exchange/ - House hacking with assumable loans: buy a home you'll live in and take over the seller's lower-rate FHA or VA loan. https://rickalbertonline.com/assumable-mortgages/ - Investing in LA: rent control, Measure ULA, ADUs, and which strategies actually pencil here. https://rickalbertonline.com/invest/ Not sure whether to hold, sell, or exchange? Get a free Equity Review, with your property's value, equity, and options side by side: https://rickalbertonline.com/equity-review-consultation/ I share LA investor news and policy updates every week, and interview the people shaping LA real estate on my podcast, The Key to the City of Angels: Newsletter: https://realestatewithrickalbert.substack.com Podcast: https://rickalbertonline.com/podcast/key-to-the-city-of-angels Investing out of state? I'm licensed in California, but I'm happy to share what I've learned and connect you with vetted agents in the markets I invest in.

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RentalsHouse HackingFlippingOther Strategies

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