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All Forum Posts by: Colin Lee

Colin Lee has started 3 posts and replied 18 times.

@Ali Boone Hi Ali! Good morning! Nice to have some rain in LA Got it :) Can you have Jeff include me on the mailing list please? Thanks! Stay dry 

@Cameron Novak sent connect Thanks! 

@Ali Boone Thank you very much for your info. I’m using LoopNet to find the ones that are at high cap rate. We can chat more. Sounds great on the Santa Monica meet ups. Thanks! 

Hi Danny Farrell 

Thank you very much for the info 

Yes will connect! Talk to you soon 

Have a great weekend! 

Hi Jo-Ann

Thank you for your thoughts. I am aligned w your view at the moment. Especially w the new tax law that gives up $750,000 loan, I think smaller houses wont be affected much. But as a Rent property investor, getting to 20% will be very beneficial but still think I want to wait and see how the market behaves. Have to work hard to keep myself from buying just a good deal. Want to have great deal for long term goal. Thanks! 

Originally posted by @Jo-Ann Lapin:

I going to way  in here. The flipping at that price point makes sense as that range is so demanded and movable and I guess if the market goes sideways one would think very rentable. Right now we are in a real weird spot of the market. This stage of the cycle one must think longer term and really research areas that can with stand a downturn so value add is real key.

Hi Kuba These info really helps :) Thank you very much! 

Hi BP members! Hello! I'm very new to the industry and trying to seek advices in rental property investments . From my brief study, cap rates ranges from 3.5~4.7% in general. Not sure if it's good time to invest or hold capital for downturn. New tax rate will bring down to 20% for LLC so it's a good thing but the price is high so wanted to see if it's better to hold my hat and learn more till we have the down cycle. In the mean time, I could flip few $500k houses to generate profits. Any comments or advice will be greatly appreciated. Also, is there a meet for Los Angeles BP members? Thank you very much!