All Forum Posts by: Matt Giacinto

Hey Ed, I'm a developer here in Los Angeles. I'd be more than open to connecting and meeting up sometime! I usually attend local mixers and REI meetups, so feel free to tag along next time.

Hey, I have a General Contractor I work with real closely. They do residential and commercial jobs. Let's connect and I can send you their info

Hey, I have a General Contractor I work with real closely. They do residential and commercial jobs. Let's connect and I can send you their info

Sent you a connection request. I'm a developer as well working with my in-house general contractor. I'd love to talk more and get a better idea of what you're looking to do. I'm boots on the ground so I'm here to help

Hey @Nick Larsson, I agree with Alex here with bringing up SB-8 and how it'd make things really difficult for you to remodel and redevelop the main house. However, an ADU is definitely possible and could make some sense depending on the construction costs and potential rent it could generate. I work with a construction company and we can help analyze what makes sense for you, if anything.

Hey Garrett, you've done the heavy work which is remodeling and getting the units back to market rent. However, in my opinion a 1031 exchange would make some sense. Property taxes are never going down and interest rates won't be dipping much any time soon. Let's connect since I'm a commercial agent in LA and I can analyze it to see what makes sense, refi or 1031 or hold.

Hey Devin, I'm a commercial agent here in LA, but I often dabble in the outside tourist markets like Big Bear, Joshua Tree, etc. for short term rentals. I can connect you with a local CPA who can help with the tax questions, while we gameplan your purchase. 

Hey Angela, I'm a local commercial agent in LA. I could refer you to a great contractor I know of here in LA that helps with multifamily, commercial, and similar projects to what you have. If you'd like to connect, I can refer you

I'd look into selling the property as-is to open up more capital for yourself since you have some specific goals you want to take care of. Because of the zoning and the fact that it was owner occupied, it will be attractive to a developer for sure. Let's connect and go over some strategies

There's a few things you can consider, but I'd start with speaking to your CPA to see what makes sense. If you're looking to remain hands off, I'd consider a property manager or a type of real estate that is less work and can allow you to focus on your own aspirations. I'm helping a client in the same type of situation right now. He just had 2 properties handed down from his dad, and he has no clue what to do. Let's connect and maybe I can help you out like I did with him