Recent content by Robber Baron_IHB

It's on the other side of Gaffey. The unit that sold for 715000 in August was not though, that was between Pacific and Grand. RSP - the initials of our local criminal element, Rancho San Pedro. They do receive quite a bit of stolen property though.....

Yes, the building is under rent control. The rents on the two apartments can be raised because they have both moved people in who are not on the lease which allows a 10% per person increase. My parents are my agents. They are 50/50 on the deal. My dad would rather see me in the house (me too...

First, thank you all so much. As soon as I posted the first response to your first replies I realized my screen name/ranking system mistake. Mea culpa. Trooper is right - it is 4200 with the rental increases. I do plan on staying in my unit which is a 2/1. I live alone, well with two cats...

IAC - probably wouldn't have asked but I am losing 10% a week in my deferred comp and am suddenly unsure about my financial decision making ability. I was talking to a friend today, Trooper, and she suggested posting the question here. I am completely sure I did not give you all the...

Trooper suggested I ask your advice. I have the opportunity to buy my apartment building. Four units, three 2/1 one 3/2. The rent roll is 4018. Cost is 725000. Mortgage will be for 635000. Can raise the rent and get about 200 more. But those are the basic numbers. I am living in one so I...