All Forum Posts by: LEONID ORLOV

Michael,

Either one of the scenarios you have describe would work.

If the property is not feasible by proximity or investment metrics to live in, the reasonable alternative that would not be in a war zone that could pay for her housing with cash flow would work.

What kind of CAP one should expect in A,B or C areas?

Thanks for the feedback,

Leonid

Originally posted by @LEONID ORLOV:

I would be VERY worried about electrical bill included in HOA fees

.. when people do not personally pay for stuff they overuse and abuse .. no individual units meters is trouble.

Check financial status of HOA for as many years as practical .. do they have reserve studies and matching reserves per study .. they can hit you with an assissment that will quickly convert 2% rule to 0.5% one

Otherwise looks good

I would be VERY worried about electrical bill included in HOA fees

.. when people do not personally pay for stuff they overuse and abuse .. no individual units meters is trouble.

Check financial status of HOA for as many years as practical .. do they have reserve syudies and matching reserves per study .. they can hit you with an assissment that will quickly convert 2% rule to 0.5% one

Otherwise looks good

Aaron,

I did not quite understand your "only word of wisdom" comment, I would appreciate you expanding on your thought.   I am trying to get information on investment metrics for the area.

I did listen to your podcast, lots of good ideas.

How is the market in your area, I am actively looking for investment opportunities. LA went crazy .. people asking 600k for a money loosing proposition in South LA for a 1b three-four-plex with GRM of 12-13 ... and get em sold .. either I am not getting something or we are seeing creation of yet another bubble created by wide eyed speculating idiots

Please, put me on your list of buyers for your wholesaling in SB.

Kind Regards,

Leonid

Anne,

Thanks for the information it is very valuable, coming from a local investor.

What kind of COC or CAP returns are prevalent in the area in each of the A,B,C areas correspondingly? .. in Los Angeles its %3 CAP in A, 4-6% in B and 7-8% in C .. even that is getting harder to get , looks like yet another bubble is coming

Yes, I would appreciate a referral for an investments aware contacts.

Kind Regards,

Leonid 

I am a Los Angeles investor looking for out of state investment opportunities 

This fall I am sending my 2 daughters to college. One goes to Belmont and other to Duke

I would like to explore student housing or other investments in these areas.

I am seeking for a word of wisdom on investment environment in these areas, what are the investment metrics ..CAP for different types of residential housing SFR or multi-units

Thanks in advance for your help 

Leonid Orlov

Hermosa Beach,CA

Congratulations with achieving your goal Impressive. I own 7 properties in LA .. But prices went so high .. I am exploring possibilities of out of state. I would appreciate you sharing your out of state investing experience and possible word of wisdom on how to approach this without expensive lessons Perhaps, There are opportunities in partnership or cooperation on the project Kind Regards Leonid Hermosa BeAch, CA

Ali,

Terrific event.

Thanks for your efforts to put it together.

Leonid

Ali,

Thanks for arranging the meet up.

See you there

Joel and Jeff,

Very good feedback.

Thanks

Leonid