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All Forum Posts by: Dorian Jones

Dorian Jones has started 13 posts and replied 116 times.

Post: L.A. Market Trends - What do you think they mean?

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Goral Khatta I'd say that prices are going to drop soon. Like you said in your post the market is going up and it's getting to the point where people can't afford it anymore. Even some of your higher middle class families are starting to look in other areas of the city where they wouldn't before. I don't think it'll crash, but there will be a drop of some type. As you know the market is unpredictable so when the drop comes no one knows. It has to drop, most people incomes aren't raising with the rising housing market.

Post: Taking my first step!!!!!

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Markus Powell welcome to the community. Wish you the best of luck on your REI ventures. There's a lot to learn, soak it all up and enjoy.

Post: Tenant using SFR as home office ....

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
I've heard of people typically using 25-30%. There have been situations where people say 33%(bother wife and husband run business out of house). I believe that there is a formula for it. If I'm not mistaking you'll air the total square footage of the residence and divide it by the amount of space used for the home office. My math may be wrong but hopefully this helps

Post: Multifamily data market statistics

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Have you looked into costar? I'm not sure if this is what you're looking for. Hopefully it is.

Post: Engineer by trade, but what has my career taught me?

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Edward Farrell Congratulations on making the decision to get into investing. Wish you nothing but the best.

Post: What is your WHY ?!?!?

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Bryant Schur for me it is the freedom to know that I have control of my ceiling, not a job telling me that I can only make this much money without this degree or certification. I don't like to e in a position where I know that I can be replaced. I'd prefer to have control of my own destiny. I love that there are different vehicles to make money in REI. You can really get creative and make it what you want it to be. I want my hustle to determine my salary, not someone on a board. Real estate investing is really fascinating to me, since I've been educating myself I can honestly say that I've found a new passion.

Post: Vetting private lenderd

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
I'd say google them, look at their reviewed and thoroughly search their website. Ask for referrals for other investors who have used their services in the past. Or straight out ask them for references, if they are a reputable company and are serious they shouldn't have an issue with providing you with documents or information to make you feel more comfortable with the process.

Post: Multi-family in Long Beach, CA

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Daniel Shaheen have you looked into doing a subject to transaction

Post: When is the right time???

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Tracy Ellison - Bey Thank you for your motivational response. It reminded me of the things that I've told myself. That reminder is needed from time to time just to give me that extra push

Post: When is the right time???

Dorian JonesPosted
  • New to Real Estate
  • Los Angeles, CA
  • Posts 118
  • Votes 60
Alex Deacon