All Forum Posts by: Eilon Shoham

My debate is this.

As a general statement the rental property cash flow here in Los Angeles is VERY challenging to find.

I am looking to buy a property with a detached garage and convert into and ADU for helping to offset to mortgage.

Crunching some numbers up on $1M property with and ADU assuming (rough numbers) main house brings $5,000 and the ADU $2,000 I'll still be negative in the deal after all expenses (vacancy, capex, repairs etc…)

However if I will use it as a Sort Term Rental it will be cash flowing beautifully.

What’s your take about buying negative cash flow long term but counting on AirBNB to bring in the positive cash flow?

I appreciate any opinion and advice.

 Well said! 

Cash flow and appreciation are the main key factors here.

As someone who lives in Los Angeles and invest in the mid west I clearly see the differences between a low cash flow (inexpensive) rental and more costly rental that generates thousands of dollars and month in cashflow.

I have been using ChatGPT to generate Scope of Work, explaining the step of the building.

I am a general contractor and i can say that it generates great scopes .

I also used it when I made a Google Sheets calculating chart for generating formulas that I didn’t know how to type.

So awesome!

Hello everyone!

I’ve been listening to the podcast for about four years now .

I just decided to step it up and be active on the forms as well as upgraded to pro and I’ve been using the calculators on daily basis and it’s been amazing .

I live in North Hollywood, California and I have four rental properties in Kansas City, Missouri.

I am to grow my portfolio with cash, flowing assets and open for partnerships.

I am a General contractor here in California, having a lot of experience with the building  procedures as well as good couple hundred thousand in cash ready to invest, looking for good opportunities, and tired of standing on the sidelines.

Thank you for this awesome community!

Awesome start.

Good luck and please keep us posted how this journey goes for you!

 Yes I agree and also I’m open to it!

Thank you Jason.

I’m sending you a DM right now.

Thank you Alex its helpful information .

I’ll do some extra research regards the area, I’m not looking to own in D or D- 

Hi friends!

I’ve been running some numbers and the added really nicely.

I am an out of state investor in Kansas City MO, and I am based in North Hollywood, CA.

I look at couple properties in ZIP 64130 I heard it’s a C class area.

I wanted to hear your thoughts about the numbers i put together and if you familiar with the area you can share some Pro and Cons.

Thank you fir hanging out here ! 

Hello everyone, 

I’m an out of state investor to Kansas City Missouri.

I am based in North Hollywood California and I acquired 4 doors in the past year in KC MO .

I’ve been buying Turn Key properties from my investor friend in KC MO.

After getting my apatite

bigger I’m looking to buy by myself in order to be able to create a bigger equity by doing the deal from scratch.

I have a strong income and about $200K ready to invest.

I'm currently looking on SFR and small MF (price range 80K-250K) that will cash flow and will generate long term wealth

I’d love to connect with experience Real Estate Agents, Property Manager and Contractors.

Thank you for reading my post and looking forward to connect and share more about my RE Journey!