All Forum Posts by: Angel Reyna

Joel Owens Thank you for your response. I agree with everything you said. This may be one of those rabbit hole properties.

Varinder Kumar Rosston Smith Thanks. I forgot to find the deal, I was chasing the large numbers.

Thank you for helping me out guys. 

George P. That's why I'm writing on here and not talking to an investor. I'm new at this so please be patient with me.

I was underestimating. Cap rate for the property is listed as 5.02%. I believe that if I could fix some stuff on there it could make a million a year. 71 units for $1200 rent a month is still considered pretty cheap in California. Thank you for the replies.

Currently looking at this property but don't have any money to go with it. I think it's a good deal. Would make at least $600,000 a year. The property is $15,550,000 Anyone know how I should get the money? I'm pretty new to real estate but I know this is a money maker.

I do not have any properties but this is what I was told. I was told not to waste time on anything less than 16 units and don't chase the price, chase the deal.