All Forum Posts by: Jeffrey Isenberg

Please note we are one week away from our first Meetup event in 2019 and first in a Series of Six Monthly Events including:

January - Market Recap & 2019 Market Indicators

February - Creating Your Multifamily Investment Plan

March - Analyzing Multifamily Opportunities

April - Financing: Getting Your Projects Funded

May - Property Management: Everything You Need to Know

June - Property Inspections & Due Diligence: What to Look For

We are excited to announce this series hosted by Industry Experts as they share their knowlege and expertise. Our Meetups are educational in nature and always offer a "No Sales" environment in which attendees can Network and Learn.

You may RSVP here or via the below link to our Group Page and we will also be joined by Members from our "Meetup" Real Estate Networking Community.

https://www.meetup.com/Sherman-Oaks-Multi-Family-Real-Estate-Investing-Meetup/

Looking forward to having you join us on Wednesday January 23rd!

Jeffrey

Confused about the Multifamily Real Estate Market? Please join us as we kick off our 2019 Meetup Series with a market recap and reveal the 2019 Market Indicators to watch!

We will also provide insight into the fundamentals that are driving the SoCal Market and why multifamily is one of the best Real Estate Investments for wealth building.

Learn from the experts as we present relevant information on a monthly basis as it relates to Multifamily in today's SoCal Market. Whether you are just starting out or an experienced investor looking to expand your portfolio, you will not want to miss this insider's look into the market!

Schedule as follows:

6:00pm-6:30pm Networking
6:30pm-7:45pm Presentation
7:45pm-8:30pm Q&A & Networking

Refreshments will be served! This is a No Sales Group and we provide a no pressure and relaxed environment for investors to learn and network.

We will look forward to seeing you!

Our new venue for the November 14th Meetup has just been announced!   This months's event will be held at:

Solart Photography Studio

5651 Sepulveda Blvd #301

Van Nuys/Sherman Oaks, California 

91411

We look forward to seeing everyone in this new venue!

Please note our venue change and join us in a new location at Solart Studios for an informative presentation with Guest Panelists from Buckingham Investments.  This month we present the Multifamily Deal Digest-Finding the Best Opportunities in Today's Market. Learn from the experts as we show you what to look for in Multifamily Opportunities and reveal specific examples that we bring to investors. Whether you are just starting out or an experienced investor, you will not want to miss this insider's look into the SoCal Multifamily market!

Schedule as follows:

5:30pm-6:00pm Networking
6:00pm-7:15pm Presentation
7:15pm-8:00pm Q&A/Networking

This is a No Sales Group and we provide a relaxed environment for investors to learn and network.  Light Refreshments will be available.

We will look forward to seeing you in a different venue for this month!

Please be advised that due to a change in Management, our Meetup will no longer be held at Te'kila. Although it is short notice, a new venue will be announced by Monday November 12th in the same general area. Same great event only now in a new location.

We thank you for your understanding and please check back with this Meetup page for updated details.

Thank you.  @Kevin Mawby @Hanna Huang @ Kikuye Llamaguchi @Mallie Messri @Lyndsey Jones @Michael Lis @Michelle Christensen @Shirley Poon @CJ Berina @Michael Ohman @Deborah Shieh @Victoria Pal

Jeffrey

Please join us for an informative presentation with Guest Panelists from Buckingham Investments as we present the Multifamily Deal Digest-Finding the Best Opportunities in Today's Market. Learn from the experts as we show you what to look for in Multifamily Opportunities and reveal specific examples that we bring to investors. Whether you are just starting out or an experienced investor, you will not want to miss this insider's look into the SoCal Multifamily market!

Schedule as follows:

5:30pm-6:00pm Networking
6:00pm-7:15pm Presentation
7:15pm-8:00pm Q&A & Networking

This is a No Sales Group and we provide a no pressure and relaxed environment for investors to learn and network. Come hungry and be sure to support our host venue, Te'Kila, by purchasing food and drink items off of the Happy Hour or Dinner Menu.

We will look forward to seeing you!

@Sid Naik  I am in agreement with @Account Closed especially with respect to point 1 on increased rents.  Can't really speak for the NorCal market, but we have experienced 50% rent increases in our market over the last 5 years.    

Many investors are quick to discount a 4% Cap rate and modest 3% Cash Flow in this market without realizing the tremendous opportunities obtained in the near to mid-term from annual rent increases.   Not saying they will continue at this pace in perpetuity.   However, the underlying factors driving increased demand are not likely to change anytime soon, IMHO.    

@Sid Naik Cap Rates should also be viewed as an expression of risk based on the types of properties you can buy.  Within any given market, the lesser the area, the higher the Cap Rate.   

I am a big proponent of buy and hold in appreciating markets such as LA.  The appropriate use of leveraged appreciation will allow you to build a larger portfolio over the long run that you can cash flow off of instead of chasing yield.  Also the strong upside in rents in these markets will give you increased cash flow that is completely ignored by focusing only on cap rates. 

So the take away here is that appreciation and cap rates move inversely.  The challenge, however, for many investors is the cost of entry.

Please note that our Multifamily REI Group can also be found on Meetup.com at the below link:

https://www.meetup.com/Sherman-Oaks-Multi-Family-R...

The link to this month's Lender Panel on Meetup can be accessed here:

https://www.meetup.com/Sherman-Oaks-Multi-Family-R...

Please join us for this great panel as well as networking with other investors and industry colleagues in a casual and relaxed environment.   We hope to see you there!

Jeffrey

Just an update to introduce our upcoming Lender Panel!!!

Commercial Lenders @Alex Bekeza & Matt Landesman from Land Brothers Mortgage 

Private Money Lender Matthew Rabinowitz from Civic Financial Services

More Panelists are TBA!