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All Forum Posts by: Ed LeGrand

Ed LeGrand has started 11 posts and replied 79 times.

Post: Thoughts on mini storage investment?

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16

Mini storage is doing well in the Bay Area because the demand is high and the product type is under-served. Baby boomers are downsizing and millennials are fine with short term living arrangements. How is the demand in OKC?

Post: How to find a good commercial broker

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16

Hello April. I am a commercial broker in the Bay Area. What type of property are you interested in? I would recommend reaching out to a broker that specializes in the asset type that you are investing in. The asset types typically fall under the retail, office, industrial, apartments, and land categories.

Post: Can bitcoin be utilized in real estate?

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16

RealEst. Coin allows you to invest in U.S. commercial real estate with Bitcoin.

Post: How Leasing Brokers are Paid

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16
+1 to Chris Gentzkow . That's how it works.

Post: Los Angeles Referral

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16
This is an outstanding offer by the way...especially for an out of state broker referring a buyer to Southern CA. Hopefully it works out for your team.

Post: How to make 203(k) loan work in bay area

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16
The hardest part about this scenario is finding a property in the Bay Area that falls under FHA loan limits. There are a couple zip codes that are worthwhile, but not many.

Post: Tech Entrepreneur from Los Angeles, CA Building REI Portfolio

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16
Welcome. If I were you I'd find a niche item that could easily be 3D printed and then custom make it for residential DIYers, construction companies, and handymen.

Post: Sacramento Area Monthly Estimates for SFH/Duplex Rentals

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16
Try http://www.SacramentoAppraisalBlog.com. There might be some rental data there and the appraiser who runs it might be able to help you with a value range for specific neighborhoods.

Post: Making Commission by Connecting Sellers and Buyers Off-Market

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16
In California, non-licensed parties can be paid a fee for introducing principals that eventually close a transaction. The non-licensed party cannot act in any capacity more than an introduction and likely should not advertise their efforts as an ongoing service to brokers, buyers, or sellers. The non-licensed party is not entitled to a fee for making an introduction; the details of any payments should be outlined in writing before making an introduction.

Post: South Bay wholesalers?

Ed LeGrandPosted
  • Investment Property Specialist
  • Santa Clara, CA
  • Posts 90
  • Votes 16
Hi Joseph Cha , what cities in the South Bay would you consider? Feel free to PM if that easiest. Thanks.