Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Christian Valdivia

Christian Valdivia has started 14 posts and replied 29 times.

Post: South Central LA is Echo Park/Silverlakr 10 years ago

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

I believe south central is headed in the same direction that Echo Park/Silver lake were 10 years ago. Many new developments and USC Expansion and rejuvenation of a suppressed area are currently underway. What do you think will happen? 

Post: OFF MARKET Duplexes LOS ANGELES 13% immediate cash flow

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

Got it. I made a mistake in expressing our agreement. Your completely right, I shouldn't of put it as the city has give us our own place but rather the city and us have come to an agreement to ramp up our production.  "We don't have our own table or office or dedicated location at the building of city and saftey" It is an agreement between the city and our development that we have. We don't have a special office at the building!  Not to prove you wrong or prove you right, just stating our production will be ramped from our previous number of about 200 duplexes per year to hopefully a 300-350 duplexes per year because of the agreement we have made with the city. Sorry for the confusion. Untruthful is not the case, the production is there to prove it. But we are not here to dissect every word on a post. We are here to offer this investment and the return it gives and that has been working for us and our investors for the last 15 years because of the demand of the area. Thank you @Manolo D.

Post: OFF MARKET Duplexes LOS ANGELES 13% immediate cash flow

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

@Manolo D

You'be been on us since my first post. The numbers are what they are. No boasting or exaggerating. 4,000 doors currently managed,  2,000 locations sold. The returns for our new construction are 13% cash return in first year across the board. Our older construction we have some up to 15% cash return in the first year. Takes us about 3 weeks to get full approval now. It is what it is. The operation has worked for over 15 years and continues to because of the high demand. It's not to good to be true or a scam nor some gurus. We are in action and the numbers don't lie. Come check out our operation and product if you think it is to good to be true. The show goes on here. 

Post: OFF MARKET Duplexes LOS ANGELES 13% immediate cash flow

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

We can truthfully say we manage 4,000 doors (owners, spouses, children, investors) and have sold over 2,000 locations in the last 15 years. In the last ten years 70% to investors and about 30% to regular homeowners. I'm not going to put a track record on here of 15 years worth of sales. It's not to good to be true, just take your time and come take a look at our operation if it is that hard to believe. 

Post: OFF MARKET Duplexes LOS ANGELES 13% immediate cash flow

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5
Originally posted by @Manolo D.:
Originally posted by @Steve Short:

Something isn't right here,...can't quite put my finger on it, and I hope I'm wrong, but I have lived and worked here in construction my whole life.

Please clarify what you mean the city gave you your own space,....

Please know I personally know a lot of people who work for the city.

I simply don't believe that statement.

 In my opinion, he means that they have their own space aka "office" within the city building, which I do believe is absurd and is against any city, state or federal laws, unless it is space for rent just like if CalTrans rents a house that they (Govt agency) owns. He. you tell potential investors something that is not true (they have their own space in the city building, or they have a very special agreement / attention from the city, OR they "kept" 4,000 houses/duplexes for himself), what else is there to listen to?

 @Manolo D

Let me clarify, sense there is a lot of confusion regarding my statement regarding the city approving our plans quicker. 

Please do your homework before stating something is not true. We do have an agreement with the city and they have allowed us to be approved with any plans we submit within 3 weeks, as long it is the same product we have consistently built for the last 15 years. I'm sorry maybe I shouldn't of said 4,000 all to himself because owners wife and children hold some properties as well as the company. Sorry for the confusion. We'd like to say we are a decent sized operation and have been doing it for about 20 years. Please do your homework before claiming we are false or claiming we don't have an agreement with the city or any other claims you may think are false. We'd love for anyone who just can't seem to see the truth to come in and look at the immensity of Duplexes in the area (some blocks having up to 10 duplexes on them)  and go to the city to see the process of our construction approval  and just how quickly that is now. No false claims have been made.-Please do your homework or come in to see the immense product and management for your self. 

[email protected]

2292 S Figueroa st

[email protected]

213-257-7930

Post: OFF MARKET Duplexes LOS ANGELES 13% immediate cash flow

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

@Steve Short@Joshua McGinnis

Joshua, very good analysis. Yes we are in south central and the area compared to others is not that great. Some would compare it to an Oakland of San Fran, but there is a future here. We see many major developments rejuvenating the area. From Carusos billion dollar USC village, Football stadiums, soccer stadiums, Entertainment centers. Something Oakland hasn't seen. What really matters are the returns because if the investor chooses the option to take the in house property management then they don't ever have to set foot in LA or deal with a tenant call. 13% cash return is average for all our new construction within the first year. Those 11 properties are about 10 years old, still no rent control, and direct from owners portfolio. OP does manage about 4,000 doors nothing his and investors who've opted for the hands off approach. We built 192 last year and this year we are looking to finish with 200 new construction duplexes. Liquadate is exactly what owner is trying to do with some of his portfolio. 

Scott Yes, as you know most plans for building get taken to the city and its about 2-4 months process to get full approval from the city. We have gotten to point in our production where the city said if we bring them the same product to approve on the same average lot we build on, then they can approve us within a 3 week period. We have consistently built the same product for over 15 years an this will ramp up production in the years to come. You can ask your friends at the city and investigate this statement. Over all this same product has worked for us for over 15 years and continues to because of the demand and our current investors will tell you the property management gives you a true hands off investment. 

Post: OFF MARKET Duplexes LOS ANGELES 13% immediate cash flow

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5
Originally posted by @Karim Karawia:

@Christian Valdivia Interested in the duplex that you are talking about.  Please message me with some details.

Best,

Karim Karawia 

 @Karim Karawia 

Sure if you could inbox me your email id love to send you some more info on these properties and proforma and maybe some rent rolls of a few. We have 100s to choose from within a 30 mile radius of DTLA. The returns are consistent and have been for the last 20 years. Cash return within the first year is 13%. 

Inbox or email me at

[email protected]

Our office is located on

2292 S Figueroa st Los Angeles, Ca 

Post: Why invest in the "HOOD" South LA?

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

I get this a lot. Why have you continuously invested in the "HOOD" South Central LA? Why should I invest here instead of Hollywood or Beverley hills. 

From experience,  I invested in an area (south central Los angles) that the price compared to other areas is far far lower and cash flow is much much better averaging 13% cash on cash within the first year of the investments with this particular product. The booming market itself will help with appreciation. No one in the world can tell if the market will go up or crash, but we have all the right signs that south central is the next booming market. A lot like echo park was 10 years ago if your familiar with the area. If you look at south central on the map it is in the middle of all prime real estate. You go north you have down town LA, Echo Park, Pasadena, Silverlake. You go west you hit Santa Monica, Venice, and the beach. You go south and you hit orange county prime real estate or you go east and you have more prime real estate. South central is the last pocket of affordable housing in LA. We have been consistently developing the same product for the last 20 years and it has worked in south central. We currently Manage over 4,000 duplexes within a 30 mile radius of USC and DTLA. In the last 2 years we have seen a $125,000 dollar jump in our product and its not stopping there. There is billions of dollars being poured into the south central market by very big names. We have always been in south central, but now we see the investors following the big money and investing in the "hood". Cash flow is there we average 13% cash flow in the first year on our 4,000 location and it has increased. We are getting million dollar listing in south central now. Unheard of in thew last 5 years. The change has begun and investors are staring to notice.

1. USC Village (Caruso Affiliated, 1 billion dollar project)

2. Vermont entertainment center (250 million project)

3. MLS Soccer stadium by USC

4. Carson football stadium approved

5. Inglewood football stadium under construction

We have seen a spike in prices and we feel it is because there is a new tidal wave coming. We went from selling at 450k last year to this year we are pushing 650k mark. Last year we constructed 190 of the same product 110 were sold of to investors/homeowners and the other 80 were just added to our own portfolio and we are collecting rents. We own about 4,000 of our own and have sold over 2,000 to investors and homeowners in the last 20 years. Our property management is bar non the largest in South LA. So to answer your question, I think if not South LA, I would find a market where the signs of appreciation are indisputable and cash flow is already there. If you are interested in a market like this I can send you a confidential Pro Forma that has been consistent in our returns for the last 15 to 20 years. Consistency is key and this has worked for our investors continuously. I hope it will work for you and your ventures! Best of luck to you all. 

Post: Real Estate Investment Opportunity for seasoned Investors.

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

I noticed that this post didn't get any replies that's okay though because I am happy to announce that 7 out of the 11 properties in this portfolio has been sold. 

Post: Developing a Sales Script

Christian ValdiviaPosted
  • Investor
  • Los Angeles, CA
  • Posts 34
  • Votes 5

I've found good content writers on fiverr .com. They are very cheap and the content is professional. You have many options working with fiverr.