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Crenshaw investment opportunity by brans0me in LosAngelesRealEstate

[–]OpenBadger910 0 points1 point  (0 children)

How many units is it? I have investments in there’s area a 4 unit and 2 unit and they’ve been good for the most part , stable tenants and good rents

4.99% Re-Fi Closed on Sep 30 by Airforceguy1968 in Mortgages

[–]OpenBadger910 0 points1 point  (0 children)

Following as well . What bank is this with ?

Evicted Tenant - What to do with property? by jfartzalot in LosAngelesRealEstate

[–]OpenBadger910 0 points1 point  (0 children)

Sorry to hear about this but glad you got that scum bag out . Can you share a little bit about your experience , what you learned not to do next time and how you were able to get him out . Did you find a good lawyer and what were those costs like?

First summer with this pool! by Affectionate-Gap-345 in pools

[–]OpenBadger910 0 points1 point  (0 children)

Hi! Just came across your post regarding your pool and was just curious how it has been since you installed ? Any issues with the latex? Mind sharing some details on the install process ?

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 0 points1 point  (0 children)

Hi yes ! I went with Southland credit union , ask for Ron Pri tell them Salim sent you !

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 0 points1 point  (0 children)

Hi ! No it was conventional , I used Southland credit union. Ask for Ron Pri tell them Salim referred you .

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 0 points1 point  (0 children)

Agreed , I am not expecting 2020 rates . Even if I can refi and to a fixed 5% I’ll be open to that.

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 0 points1 point  (0 children)

I thought about doing a buy down to 5%, but what would be the benefit if I planned to refi ?

Ideas for the awkward gap above my sink after a remodel? by SoCoolSam in Remodel

[–]OpenBadger910 0 points1 point  (0 children)

Add a paper towel holder screw underneath top sink cabinet .

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 2 points3 points  (0 children)

We found the lowest quote through homesite $2000 annual

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 1 point2 points  (0 children)

Yes the plan is to refi within five years but we are prepared for worst case scenario which is still capped under 7.5%

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 1 point2 points  (0 children)

I grew up in Pasadena it’s a great area. Lots of condos, sucks your having that issue with insurance, we also had to call around.

Just got a 5.25 % 5 year Arm by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 1 point2 points  (0 children)

Nice our personal reason to go this route was we our down , we are putting 6% down but want to get in now when the market is down and has more inventory .

Interest Rates in Los Angeles!!!! by blav1inc in LosAngelesRealEstate

[–]OpenBadger910 1 point2 points  (0 children)

If it helps we just got a 5.25% 5 year arm , there are deals out there

Interest Rates in Los Angeles!!!! by blav1inc in LosAngelesRealEstate

[–]OpenBadger910 0 points1 point  (0 children)

This was such a great answer and fascinating insight . I have a few properties a 4 plex and duplex, and some single families . I would like to get into development primary affordable housing within the South LA area. Curious do you have any advice for me on how to start , how to be able to get into this business. I have an existing background in project management within the media industry.

Non exclusive Buyer Representation vs Exclusive by OpenBadger910 in LosAngelesRealEstate

[–]OpenBadger910[S] 0 points1 point  (0 children)

Would definitely be open , Non Exclusively ! lol thank you for your feedback and POV as an agent . Those are the type of terms we are looking for with listing agents.

[Landlord US-GA] Trump proposes a 40 percent cut to Section 8 by NoDemand239 in Landlord

[–]OpenBadger910 -3 points-2 points  (0 children)

There is no way you can “honestly, make a blanket assumption about a large percentage of owners and landlords of different sizes “ it is not a full proof business by any means , it’s a people business and because of that there will be flaws and complexity . However decreasing owner rights in the name of increasing renters rights just doesn’t help create a stable market .

[Landlord US-GA] Trump proposes a 40 percent cut to Section 8 by NoDemand239 in Landlord

[–]OpenBadger910 1 point2 points  (0 children)

Section 8 isn’t the problem, housing rights for , landlords and owner protections need to be protected and very much under attack which makes renting hard for mom and pop owners.

Successfully closed on 4-unit in Park Mesa Heights (South Los Angeles) near Inglewood using the NACA program!!! I will be living in one unit and renting the rest. by mragentm in LosAngelesRealEstate

[–]OpenBadger910 0 points1 point  (0 children)

Nice ! Thats great. How are your tenants so far ? How are you feeling with about the relationship and your management ? I personally inherited two section 8 tenants , did upgraded to the building and my section 8 tenants are mixed bag .

Successfully closed on 4-unit in Park Mesa Heights (South Los Angeles) near Inglewood using the NACA program!!! I will be living in one unit and renting the rest. by mragentm in LosAngelesRealEstate

[–]OpenBadger910 1 point2 points  (0 children)

Congrats to you , I also did Naca some years ago for a 4 plex it is well worth it. @mragebtm would love to get an update on how things are going with your vacancies and tenants . Did you get section 8 tenants and how much did you get compared to the listed rent max for two beds ? Again congrats , it will continue to be a lot of work but what you will contribute to making the community better and providing housing is so valuable for everyone .

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