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All Forum Posts by: Luca Giani

Luca Giani has started 40 posts and replied 68 times.

Post: 5 Best Books about Real Estate Investing

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17
Thanks! If I have to pick one to start with from your selection which one would you pick?

Originally posted by @Charles Carillo:

@Luca Giani

I know you asked for 5 but here are my favorite books:

Multifamily Millions by Dave Lindahl

The ABCs of Real Estate Investing by Ken McElroy

The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges

Commercial Real Estate Investing by Dolf De Roos

Trump: The Best Real Estate Advice I Ever Received by Donald Trump

Tax Free Wealth by Tom Wheelwright

Commercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David Lindahl

Raising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt Faircloth

The Definitive Guide to Apartment Marketing by Josh Grillo

Investing in Apartment Building by Matthew Martinez

Crushing It in Apartments and Commercial Real Estate by Brian H Murray

The 7 Secrets to Successful Apartment Leasing by Eric Cumley

2 Years to a Million in Real Estate by Matthew Martinez

Burn Zones: Playing Life’s Bad Hands by Jorge Newbery

Commercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael Reinhard

It’s a Whole New Business!: The how-to book of syndicated investment real estate by Gene Trowbridge

Post: 5 Best Books about Real Estate Investing

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

Best 5 books about Real Estate Investing?

I would love something focused on numbers.

I am open also to suggestions about interesting readings about the subject like articles,etc.

Thanks!

Post: After close of escrow

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17
You agree that nothing we can do about it now, correct?

Originally posted by @Mark H.:

This is why you don't waive walk throughs. I had a seller report that they had fixed all the issues we reported from the inspection. I drove by the house and called our agent telling her none of the work had been done. They very promptly sent over an addendum offering a credit.

Post: After close of escrow

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

Hello everyone,

after the close of escrow the buyer found out that the installation of the AC units has not been performed properly. It was part of the Request for Repair. We waived the final walk through, according to the buyer will. I told the buyer that there is nothing we can request at this point to the seller.

What are your thoughts about it? 

Thanks!

Post: Tenant occupied condo vs vacant condo

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

Hello everyone,

what are the pros and cons of buying an tenant occupied condo vs a vacant condo?

Thanks!

Post: Books or online guide to master the residential RE transaction

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

Hello everyone,

I am looking for the best or your favorite book/pdf/online guide/tutorial to master the residential RE transaction from both sides (buyer and seller) as agent in California.

Any type of advice is welcome!

Post: Back out before the earnest money is wired

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

Hello,

My client changed his mind about the deal before the earnest money are wired to the escrow account.

Can he back out?

Thanks!

Post: 1 bed/1 bath vs. 2 bed/2 bath

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

@Clark Kirkpatrick thanks for the reply! Well it is Orange County, CA so you can rent out a room and bath (depending on the area) between 600 and 900. Monthly payment with 3% down is about 2300-2400, so realistically you have to pay out of pocket around 1600 to 1800 a month. And that’s almost your monthly payment if you buy a 1+1 with 3% down.

My question was more if it is a better investment in terms of appreciation to buy a 2+2 or 2+1 instead of a 1+1.

Post: 1 bed/1 bath vs. 2 bed/2 bath

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

What are your thoughts about 1bed/1bath condo versus 2bed/2bath?

My client is debated between buying a 2+2 and renting one of the room or buying a 1+1.

My take is that the price difference is too thin to justify the difference in utility and versatility. A no brainer to me: I would go just for a 2bed/2bath.

Thanks

Post: Foreclosed on Zillow

Luca GianiPosted
  • Real Estate Agent
  • Costa Mesa, CA
  • Posts 69
  • Votes 17

How do I get more info about property listed as foreclosed on Zillow? 

How long is going to take for a property to go live on the market after being foreclosed?

Thanks