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All Forum Posts by: Khoa Ha

Khoa Ha has started 19 posts and replied 156 times.

Post: Where to find larger 20+ units listing?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Anthony Dooley

Thank you for the advise. I will keep that in mind. 

Thanks,
KH

Post: Where to find larger 20+ units listing?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Anthony Dooley,

Yeah I am looking to sell our 3 and 4 units once I can get some minor issue sorted out. The market has been pretty wild lately. I have a client that is making close to $80,000 per year that have been looking for a house for close to a year now. With the price continue to increase around our area, I think he is pretty much got priced out of the market. 

KH

Post: Where to find larger 20+ units listing?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Patrice Penda,

I checked out CBRE and found a few interesting properties. Thank you so much for your help.

KH

Post: Where to find larger 20+ units listing?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Alina Trigub

Thank you for the advise. 

KH

Post: Where to find larger 20+ units listing?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Bjorn Ahlblad,

Thanks for the information. I will check them out. 

KH

Post: Where to find larger 20+ units listing?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Patrice Penda,

Thank you Patrice. 

KH

Post: Where to find larger 20+ units listing?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

Hi BP,

I have access to the MLS and do look at loopnet once in a while. What I noticed is that it lack larger multi family listing. Once in a while I see a listing for 20 or 30 units on there but most of the time there is nothing. Is there another place that have these deals listed or do these deals only come through word of mouth.

Thanks,

KH

Post: fair split on a 3 way fix&flip if you the person with the money?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Dominique Flipping,

I have not done a partnership flip before but your disclosure sound like it not such a bad deal. However, before you sign up for this I would advise you to:

1) Inspect the property yourself to make should what they plan is possible.

2) Have the title in your name (this way you still own the property in case something happen). Don't be too hand off on the deal or you might never see your investment money again. 

Good Luck,

KH

Post: when would you sell rental property?

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Manjunath Shetty,

@Carl Pickens

@Carl Pickens is right. If you step back and pretend that you are an outside investor, would you buy your property right now for the price that you want to sell it at? If not then it must mean the property became too expensive for how much for what it can earn. My family have some multi-family units we bought in 2009 - 2011 that I am trying to convince sell in the near future. 

KH

Post: [Calc Review] Help me analyze this deal

Khoa HaPosted
  • Real Estate Broker
  • Garden Grove, CA
  • Posts 159
  • Votes 55

@Aaron K. is right. Seems like there is some major error with the calculator. How can you profit $300,000 when the ARV is only $259,000? Also, I see the total purchase cost add $3,700 instead of subtracting that amount. A lot of issue with what you have on that calculator.