Results for ‘Uncategorized’ category

Learning from Larry

On Thursday, Larry R., one of the Kagansblog regulars, taught me a ton about South LA real estate. Larry’s an LA native who grew up on 111th St, which is a hell of a lot farther south than I’ve been in the city (besides going to the airport). Because he grew up down there and because

Frank McCourt did nothing wrong

Think of the Dodgers like an investment property. McCourt bought the property in 2004 from a bad owner (Fox) and dramatically increased the revenue. As revenue increased, the value of the property increased (cash-generative assets are valued at some multiple of the cashflow they generate; increase the cash, increase the value). The increase in value

All about FHA loans, with Justin Brown, loan broker

[MK: You really, really can buy income properties with as little as 3.5% down through FHA loans. Interested? Read on.] We’ve spent so much time talking about FHA loans, I figured I’d bring in a pro. Meet Justin Brown of Nu Home Financial. Justin’s a loan broker who has recently done some very good work

What I want from this blog: a community

Right now, this blog is very much a one-way conversation: I write about income properties and you read about them. It’s kind of like this: But I want more. I want this to be the kind of place that like-minded people come to discuss Los Angeles real estate. I want it to be like a

Why I write this blog

You might be wondering: Why does this guy spend so much time writing about apartment buildings? I think the financial crisis of the past few years has changed something fundamental about the relationship between young people and real estate, and I want to try to both explain that change, and help shape it and move

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