Locating the best REALTOR to help you find and analyze your next Duplex, Triplex, Fourplex or Larger Income Producing MultiFamily Apartment Building is your first step. Investment properties require a specialized skill set of understanding CAP Rates, Gross Rent Multipliers, Vacancy Factors and Operating Expenses. Each community also may have government regulations such as Rent Control. In some instances, Section 8 can work to a landlord’s advantage, so you really need to locate a Realtor who is not only an Investment Property Specialist, but also knows the community regulations and market rents thoroughly.
MultiFamilyOWl.com is here to help direct you to the best and most experienced Investment Property Realtors in each community throughout Los Angeles County. When searching cities on MultiFamilyOWL.com you will find the contact name and brokerage for each listing Realtor. Realtors who have multiple listings in areas you are interested in are usually good ones to start with. Ask questions such as:
-How many Investment Property listings do you currently have?
-Do you personally own any Duplex, Triplex, Fourplex or larger income producing apartment building multifamily properties?
-Are you familiar with determining realistic Net Operating incomes?
-Do you have any Investment Property designations through the CAR, NAR or CCIM?
Currently the hottest areas in Southern California for Investment Property purchases are:
- North Hollywood
- West Hollywood
- Long Beach
- Huntington Beach
- San Clemente
- Santa Ana
- East Los Angeles
- Garden Grove