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Old 06-18-2011, 02:05 PM
 
Location: Des Moines, IA
219 posts, read 570,429 times
Reputation: 80

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Hey everyone. You have all been so helpful to me so far, thank you so much. I was wondering what is the likelihood of me finding a decent 3 BR house or townhouse to rent for under 2,000 a month and having it in a decent neighborhood. By decent I mean safe. Doesn't matter if I have to drive a little out of my way or not. Thanks guys, any input I would greatly appreciate it.
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Old 06-18-2011, 02:42 PM
 
Location: The Valley
63 posts, read 132,040 times
Reputation: 70
Could you narrow down your area little for us? You can totally find that in LA, it all depends on how much you're willing to commute. There are nice little areas in the San Fernando, Santa Clarita, and San Gabriel valleys that would probably fit your bill
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Old 06-18-2011, 04:57 PM
 
Location: Des Moines, IA
219 posts, read 570,429 times
Reputation: 80
Well... I'm not familiar with any of the areas just yet! So your advice means a lot to me! I can go with any type of neighborhood/suburb as long as they are safe. That's my main concern as of now. And the prices of course. ;-) I will have to check out those areas you mentioned. I noticed while looking at some adds on Craigslist that houses seem to be cheaper even than some townhouses. Is there a reason for this? Thank you so much!!
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Old 06-19-2011, 02:10 AM
 
Location: RSM
5,113 posts, read 17,788,659 times
Reputation: 1893
Possibility you can find something in a decent part of Lakewood for that
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Old 06-19-2011, 09:27 AM
 
5,113 posts, read 5,109,117 times
Reputation: 1740
You never know, there could be a deal in a better area. I found a 3 bedroom house next to the Huntington Harbour area for 2K. It was not listed, I drove around and looked for "for rent" signs from home owners.
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Old 06-19-2011, 11:06 AM
 
1,753 posts, read 6,215,508 times
Reputation: 1613
Quote:
Originally Posted by TygrrEyzz View Post
I noticed while looking at some adds on Craigslist that houses seem to be cheaper even than some townhouses. Is there a reason for this?
Could have something to do with Homeowners Association (HOA) fees.
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Old 06-19-2011, 11:28 AM
 
Location: Aliso Viejo, Orange County, CA
5,162 posts, read 6,737,129 times
Reputation: 4272
Quote:
Originally Posted by JTGJR View Post
Could have something to do with Homeowners Association (HOA) fees.
You’re probably right about that.

Last edited by pacific2; 06-19-2011 at 11:44 AM..
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Old 06-19-2011, 02:16 PM
 
Location: Des Moines, IA
219 posts, read 570,429 times
Reputation: 80
What are HOA fees and how much will they affect the rent?
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Old 06-19-2011, 06:16 PM
 
1,753 posts, read 6,215,508 times
Reputation: 1613
Monthly fee paid to the homeowners association to cover expenses for common areas, landscaping, security if they have it, sometimes utilities, etc. They are not insignificant and, obviously, depend on the area. On average, probably $300-500 per month, I would guess. Someone who pays them could give you a better idea.
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Old 06-19-2011, 06:30 PM
 
Location: Aliso Viejo, Orange County, CA
5,162 posts, read 6,737,129 times
Reputation: 4272
Quote:
Originally Posted by TygrrEyzz View Post
What are HOA fees and how much will they affect the rent?
HOA fees, as noted, pay for landscaping, the maintenance of the outside of the unit including the roof, the community pool (if there is one), paving of the streets, etc. The homeowner is responsible for maintaining the backyard, if any.

Homeowners factor these expenses, along with property taxes and estimated annual interior repairs, into the total cost of the rental. The renter is not responsible for paying HOA fees outside of his rent.

Last edited by pacific2; 06-19-2011 at 06:50 PM..
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