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Updated over 8 years ago,

User Stats

43
Posts
15
Votes
Shannon Shue
  • Real Estate Agent
  • Los Angeles, CA
15
Votes |
43
Posts

Rehab In Los Angeles: Hands-On Site Visit for 1924 HPOZ Craftsman

Shannon Shue
  • Real Estate Agent
  • Los Angeles, CA
Posted

No Replies

Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. There may be pitching of products, services or properties at this event!

How does a flip outpace average market comparables? When is the best time to get into rehabbing?

We will explore a single project and the ultimate finished vision. Expect to learn the process of procuring the property, analyzing the returns and rehab costs. This meeting is ideal for beginner to intermediate investors.

Rehabbing a HPOZ historic home is extra work. However, the returns can outpace the neighborhood comparable when saving interior and exterior character. Many of the homes in urban Los Angeles are older and buyers look for unique historic charm.

This 1924 2-story craftsman is a 3 bedroom 1 bath with a 5 car garage. We will get hands-on with the joint venture investors and the individual property. See how a beautiful home keeps the original craftsman charm while modernizing the design.

At this project exploration, we will review:

  • Acquisition and Rehab Financials
  • Finding the Property
  • Renovations Proposed
  • Re-sale Expectation
  • Come prepared to get a hands-on look at the early stages of this rehab project. We recommend you wear covered shoes and be ready for a construction environment.

    Afterwards, we will meet at:

    Nature's Brew Cafe (Near USC)
    2316 S Union Ave
    Los Angeles, CA 90007

    Here we will network and talk about our needs and wants as Real Estate Investors.

    Schedule:

    11:00am - 12:15pm: Tour the rehabbed home, review financials and acquisition.

    12:45pm-1:30pm: Meet and Greet over coffee. Note, coffee is not required nor included.

    $20 is collected at the door via cash or credit card.

    For the project address and to RSVP go to: www.meetup.com/HandsOnRealEstate

    Message me on Bigger Pockets for additional questions or comments. I am a huge fan of Bigger Pockets and have found amazing people through the forums. Let's connect!