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All Forum Posts by: Adam Smith

Adam Smith has started 7 posts and replied 9 times.

Post: Studio City - Flip opportunity

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

Studio City property with lots of potential. This is a 4000 +/- sf house that needs a full rehab. Luckily the demo has already been done. The old owner was able to finish the rough electrical, rough plumbing and hang and paint the drywall. But that is it, let me know if you are interested. 

Post: High-end REO flip opportunity in Studio City, CA

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

This is an off market deal that my company foreclosed on. Please message me if you are interested or know of anyone that might be interested. Large house in a nice area, best suited for an experienced investor/flipper.

Thank you 

Post: OFF MARKET Flip opportunity : Hawthorne CA

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

Not any more, decided to just flip it my self

Post: Off Market Flip: In a golf course community,Indian Wells CA

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

Hello Travis,

We were the lender on the deal and we had to foreclose on the property. If you have any questions message me and I will give you my contact info so we can discuss further. 

Post: Off Market Flip: In a golf course community,Indian Wells CA

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

Great house in a great neighborhood with a golf course. 

House is dated and needs some work. 

Reach out if you have any questions

Post: OFF MARKET Flip opportunity : Hawthorne CA

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

The house needs work, but is priced to sell. 

House across the street sold for high 600's

Post: Investing out of state

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

I live in Southern California and I am looking into buying some out of state rental properties. Now my question is, should I reach out to banks/lenders in my area to get financing or should I look into lenders in the area (Ohio, Arizona etc.) where I am looking to purchase my investments? If any one has any experience in this space please let me know what you have done or seen done.

Thank you

Post: Millennials are taking over!

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

I am a "Millennial" looking to invest in rental real estate and every time I talk to someone my age about my real estate investing goals they look at me like I'm insane! So that got me thinking, for a lot of Mellennials buying a home is a distant dream. SO...... what does that mean for us investors...... it time to capitalize! What is it that Millennials look for when choosing a place to rent, because lets be honest they're not buying. What are the must haves and what can they do without? What cities are they leaving and what cities are they entering? I have my thoughts on these things but I want to see what everyone else thinks

Post: Annual Expenses Growth

Adam SmithPosted
  • Lender
  • Laguna Niguel, CA
  • Posts 9
  • Votes 6

When buying multi-family homes what is the typical Annual Expense Growth Percentage that can be expected.