All Forum Posts by: Abe Rouz

Wanted to know anyones thoughts about the Lincoln Highlands area. The good, the bad, the ugly? I came across a few properties and am looking to owner occupy. I have heard many of things about buying in Oakland, given its unfavorable landlord laws, and strong tenant laws. Any and all advice is welcome

Thank you!

0 Votes

Oakland, California

Im starting to consider house hacking in the Bay Area. Ideally i like to avoid San Francisco, Oakland and Berkeley given the changes in landlord laws. I have been primarily looking at househacking duplex and fourplex around the east bay. Any perspective, advice to get started would do wonders. I am currently a physician assistant and looking to stay local to my job sites. Thank you!

5 Votes

San Francisco, California

Hi,

Currently looking at a property that is singlr family and want to convert it to two family in Queens NYC. Id like to know who to get in touch with, whats the process to legally do so, how long would it take?

Greatly appreciate it

1 Vote

New York City, New York

Hi all,

im currently looking at a commerical unit along 43612 on lewis ave. Would love some insight about this location. Pros and cons. What to look for? Much much appreciated as im looking into the multifamily space!

2 Votes

Toledo, Ohio

Quote from @Darius Parsia:

Hi Abe, what markets are you looking to invest in? You will get more responses once you define markets you're willing to work with. Since you're in California and may be considering out of state, I recommend Arizona, Nevada, Utah and Colorado.

Once you decide on some markets, try to find forums and FB groups focused on those markets and post there.

Hi thats where im looking for direction and insight! Do you currently help clients in any market? would love to chat if so

0 Votes

Im looking to start building out a team of a real estate agent, property manager, lender, contractor/handyman to start buying 2 to 4 families in markets that meet or exceed 1%. Open to cosmetic rehab and even BRRRing. Would love to connect with like minded people to create longevity.

Thank you!

3 Votes

Quote from @Jay Hinrichs:

Quote from @Abe Rouz:

Quote from @Jay Hinrichs:

Quote from @Abe Rouz:

I really appreciate the insight. Since im young in my journey and want to start accumulating wealth long term, i believe one of the things to start doing is acquiring cash flowing assets. Where can one start? what markets? I have that understanding and am looking to invest in C, C+, to B- areas to start off, build a team and learn as I go

Appreciate your time!

I have been involved with OOS west coast investors since about 2003 and still doing it to this day. My main advice to reap the benefits of OOS is to not buy based on first year proformas' either up or down but simply look at a market your interested in.. find out the median price ( if your doing SFR) and make sure you buy as close to median price as you can up or down a tad.. this becomes simply logic really.

If you take a mid west market and say the median is 200k for an SFR but this market also has SFRs for 75k and 500k.. who is living where.. what type of tenant do you think is going to be attracted to a neighborhood with 75k rental houses ??? and how are the schools going to be.. And pretty much for certain these days a vast majority of the 75k homes will be rentals Not enough owner occ's to create a sense of community and pride in up keep etc.. So my advice is try to buy at the median you will have owner occs your schools will be better etc etc.. much more secure long term wealth builder.. NOw if your looking for small multi units thats a different story but they will differentiate based on price and rents. and you want the higher rents and higher price points. Just sayin

I appreciate you taking the time and replying with such important and insightful info. How would you go about assessing out of state multifamily which is what id like to get into to start off?

Do you work with OOS investors to help them locate deals? Whats your role? Would love to connect if so

MF as in 50 to 100 unit or more apartment complex's or 4 plex so you can use govmit backed loans ?

Looking to start off with multi family up to four units first prior to scaling.

0 Votes

Quote from @Jay Hinrichs:

Quote from @Abe Rouz:

Appreciate your time!

I appreciate you taking the time and replying with such important and insightful info. How would you go about assessing out of state multifamily which is what id like to get into to start off?

Do you work with OOS investors to help them locate deals? Whats your role? Would love to connect if so

0 Votes

Appreciate your time!

0 Votes

Quote from @Abe Rouz:

Good evening

I am looking to build a team and connect with others in markets that meet or exceed the 1% rule
Looking to build out a team of a real estate agent, lender, contractor, and property manager
Below is my buy box: duple to fourplex, meets 1% rule or more, off market

Looking forward to connecting with others! lets make it happen

on market as well, goal is to cashflow!

Thanks!

0 Votes

All Forum Posts by: Abe Rouz

Abe Rouz has started 14 posts and replied 31 times.

Post: Lincoln Highlands Oakland

Post: House Hacking in Bay Area

Post: Legally switching from single family to two family

Post: Would love advise on purchasing in 43612 Toledo

Post: Looking to invest in markets with 1% cashflow in B-/C+/C areas. Want to build a team!

Post: Looking to invest in markets with 1% cashflow in B-/C+/C areas. Want to build a team!

Post: Looking to deploy capital in markets that meet or exceed the 1% rule! Lets connect!!

Post: Looking to deploy capital in markets that meet or exceed the 1% rule! Lets connect!!

Post: Looking to deploy capital in markets that meet or exceed the 1% rule! Lets connect!!

Post: Looking to deploy capital in markets that meet or exceed the 1% rule! Lets connect!!