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  • Apartment buildings in interesting Los Angeles neighborhoods
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Carrying the weight

Recently, a guy I see almost every day asked me about potentially investing with us. To be nice, he caveated his request by making it clear he would understand if I preferred not to take money from someone I have to see all the time, in case things go wrong. Because I’ve never solicited capital

How we think about talent

Read an article today (on LinkedIn, so I can’t easily provide a link) by a guy who had trouble finding work after taking a few years off to raise his children. Should start out by acknowledging the irony of me noticing an article about this topic by a guy… this is a problem that women

Where pricing is right now

Want to give you a sense for where pricing is, right now. We look at literally every deal that comes on the market in our target neighborhoods, and everything that looks close to working in other neighborhoods. For us, the renovated stuff is an obvious pass. We’re value-add buyers, so we focus on the most

Price and value

Can’t tell you how often I read / hear brokers say “Values are really going up in X neighborhood”. This drives me crazy. Why? What those brokers mean is that they have examined recent sales and concluded that prices are going up. A price is the amount of money someone pays for something. It’s objective;

Here we go again

We had a little acquisitions drought mid-2018, which meant that we hadn’t started a new project for a while. Now, we’re back in action.

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