All Forum Posts by: Dori Arazi

Thanks @Rob Gillespie.

I’ll check it out!

I agree with @Larry Fried and @James Wise.

They have a very comfortable presentation tool, with all the deal analytics there at your finger tips, title reports, inspections, etc. 

There are 2 issues there. 1, it takes quite a bit of time to collect all the information needed about a property for it to meet their presentation requirements. In this market, if it was a good deal it would have "flown off the shelf" long before it made it onto the site. 

2, They heavily control how you close a deal. Which is great if you aim to be a "casual investor" that wants the "buy it now" version of real estate (which if you are, you might want to reconsider RE :) ). It makes it difficult to access the deal for anything outside the box. Personally, makes me nervous as well. 

The concept is great though. In a slower buyers market it might work well. 

Welcome @Diego Figueroa!

Seems like you're off to a no messing around good start. Best of luck on your first deal!

@Sam Shueh. I very much see what you're saying. And am heavily leaning in that direction. I've been looking for 4 months now across the country, including in Midwestern markets I would have never dreamed to consider before and would be -very- lucky to break the 10% ROI (cash on cash, without speculative equity growth). 12-15% seems like a pipe dream in this market. The more I look, analyze deals and study the more it seems that now is a good time to wait.

I've been following the progress on the Amazon HQ2, and the mere fact cities were designated as candidates has made them affordable investment markets. Its crazy times. 

@Ivan Barratt, thanks for the input. The more time goes by the more I think that's going to be the stance I take. I rather be collecting the dumb money during the next correction than being a part of that distribution pool. Would be great to get a feeling of how to play this sort of market for the long term investing "career" and to better be prepped for the next ramp up.  

@Kevin Fox, I have a property in north county (Vista) I purchased in 2009 that has gained a large amount of equity, though in  9 years the rental comps have not shown any significant rental increase. 

I've you're open, I'd be very happy and interested to discuss things in more detail. 

understood. Thanks. 

@Andrew B. that PM is already out. 

How would you best go after the tenants, collection or small claims? 

Thanks for the insight @Kevin Fox.

When you're saying a ~5% cap property in SD can become a great long term investment are you referring to equity growth potential?

I am set up rather well at the moment with equity, I am now looking to set up for retirement with a focus on passive cash-flow (leveraging the equity I already have accumulated, a good part of it in SD). Knowing this, would you still have the same opinion?