Results for ‘Buying’ category

Taking apart a deal: An East Hollywood Duplex

Today, I’m going to try something new: Taking a look at a deal in one of our neighborhoods so that we can get a sense for what the numbers look like for the new owner. So, let’s take a look at an East Hollywood duplex that sold yesterday. I should start out by saying I didn’t offer

Off market-deal

Not to beat a dead horse, but: We have a reasonably interesting, off-market 4plex deal that we’re going to send out tomorrow. It’s not going to set anyone’s world on fire, but we think it’s a worthwhile project for someone who likes Silver Lake and is willing to do some work to add value. And

Why we don’t announce closings

If you’re at all active in real estate, your email account is spammed daily by brokers announcing the closings of their latest deals. Why do they do this? Because doing so: Shows everyone in the market how active the broker is Keeps the brokers’ name in front of potential clients, increasing the chances potential clients call

Adaptive’s proof of funds problem

When you make an offer on a building, what you’re really saying to the owner is: “Please give me the exclusive right to consider buying your building at this price for the next 21 (or 30 or 60) days.” For an owner to accept, she needs to be ok with your price and, crucially, as

What we’re against

Most people think that the way to get ahead is to get a job and work hard. Their salary goes up a bit. They save a little money. They immediately go buy a house with the biggest mortgage they can get. They think the loan is against the house, but really it’s a loan against

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