Results for ‘Buying’ category

Stalemate

If you take a look at the apartment market in our areas, you will see a stalemate between buyers and sellers that is keeping properties on the market for longer than sellers would probably prefer. (I know I’m getting sick of staring at the same properties day after day!) For 2-4 unit deals: Many sellers

Interesting fourplex deal

One of my agents ran across an interesting deal in an improving neighborhood in NELA. It needs a bit of work, say, $30k, but would work as a great owner user or investor property. If you are an owner-user, you could potentially use an FHA loan on it, which would allow you to buy with

Helping investors navigate a changing market

Here’s how I see the market for apartment buildings now: There are very few deals that make sense on their own, as simple cashflow plays. It’s not that they don’t exist, it’s just that you need to hunt a lot harder for them than before. But there are plenty of value-add plays, if you’re willing/able

Why the diligence matters

Yesterday, the LA Times had an absolutely horrific story about a couple who bought a duplex and then got slammed by LADBS. Here’s the piece. How could this poor couple have avoided the pickle they’re in? 1. Foundation inspection. The retaining wall issue in the back would have been apparent to anyone who does a

Why I love Mid City

Let’s be clear about what I mean by Mid-City: Everything north of the 10, east of La Cienega, south of Wilshire, and west of Western. Why do I love it?¬†Because: 1. It’s central: The area I just described is roughly 10-15 minutes by car from all of the jobs on the Westside (in Beverly Hills,

Page 30 of 56« First...1020...2829303132...4050...Last »