Get started investing in cashflow generating property

Sign up to the insider email list and get access to opportunities I’m not allowed to advertise publicly:

  • Apartment buildings in interesting Los Angeles neighborhoods
  • Proprietary value-add strategy
  • Long-term hold for cashflow and appreciation
We guarantee 100% privacy. Your information is safe.

Why I won’t use Lawyer’s Title again

When you’re in a commodity business like supplying title insurance in Los Angeles, you have a strong incentive to provide really great customer service, because, otherwise, how can you distinguish your company from all the other companies providing exactly the same coverage at pretty much the same price? So it’s been pretty frustrating this morning

Read More

Anatomy of a homerun

Thought I’d share numbers for a deal we just stabilized. Not going to share the address, because I don’t want to tip anyone off re neighborhoods, etc. Anyway, here goes: Acquired in Spring 2015 Stabilized approx. 13 months later All in for ~$2.37MM Stabilized rent roll of $262k Implied GRM of 9x (!) Forecast NOI of $190k

Read More

Brexit is making Mr. Market nuts

Am not a huge stock market guy by any means. The vast majority (I mean, vast – like 98% or something) of my personal net worth is in LA real estate. Still, I am interested in the public equity markets because they’re fascinating. And today’s Brexit-related market gyrations put me in mind of Benjamin Graham’s famous

Read More

Trusting the process

One of my agents called me yesterday to see if I had any ideas to help her. She’s got a great client who has been making strong offers on single family homes and getting outbid. Everyone is frustrated. As it happens, my parents are in the market for a home on the Eastside (working with

Read More

Some mildly annoying numbers

Just finishing a 4plex in a really cool, up-and-coming neighborhood that we renovated on behalf of an outside investor. Was reviewing the original pro forma and revising in light of what I believe the rents will be… and got an annoying surprise. Based on the original pro forma, this was not a deal that we

Read More
Page 40 of 215« First...102030...3839404142...506070...Last »