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All Forum Posts by: Matt Giacinto

Matt Giacinto has started 10 posts and replied 77 times.

Post: Secondary home in AZ - Selling now or renting out to 1031 later?

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28

A refinance could be possible. However, I think you have the right idea to open yourself up for an exchange. They're a part of my specialty. Let's connect!

Post: How to Negotiate +$1,000,000 Dollar Properties in LA County?

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28

Hey Erik, I'm a wholesaler as well here in LA. Let's connect and see how we can do some work together!

Post: 1031 Refinance under 6 months in California

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28

Hey Anthony, let's connect. I'm a commercial agent in LA and can help with all that

Post: Small solar project at apartment building in Los Angeles, 90047

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28

Hey Kevin, one of my close partners is a Solar Salesman here in LA. They can help you with everything you're looking for regarding the incentives and setup. Let's connect and I can share their info with you

Hey Jonathan, there's quite a few routes you can go as far as utilizing that equity here in LA. House hacking is a great way to get started out in a very competitive LA market. If you want, let's connect and talk more. I'm a commercial agent in LA and we can go over strategies of how to scale your portfolio. 

Post: Seeking Los Angeles Apartment Market Advice

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28

Hey David, I'm a commercial agent here in LA. It's definitely a higher barrier to entry over here, so your plan must be solid. If you have any questions, feel free to connect with me

Post: What's Next For Los Angeles' Commercial Market?

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28
Quote from @Marshall Leipprandt:

@Matt Giacinto Hey Matt, I'm also an agent here in Los Angeles and agree that things may likely cool off. I'm not so sure about a pullback leading to a drop in prices, but think that a leveling off could be more likely when higher rates run their course through the market. The increase in rates will certainly impact affordability for many people, but as we've seen in the last 1-2 years, properties are often selling well over list price. For those paying over list using financing, they may not feel as comfortable offering 8-10% over list and instead might just make full price offers. Eventually maybe it will transition into a buyers market a bit more, but I feel like that could still be several years out. 

The other variable too is the uncertainty in the stock market and general instability in other asset classes along with raging inflation. For a lot of buyers and buy-and-hold investors, real estate is a more simple and easy to understand asset class. I do think a correction could be healthy, but I am not as concerned in the short-term as I personally focus on holding my investment properties for the long-term and encourage my clients to do the same - so long as it fits their strategy and goals.

As a commercial agent, are you seeing small multifamily properties (2-4 unit) being purchased more by experienced investors or by owner occupants looking to offset their living expenses while building equity?


 Thanks for your input and I definitely agree with the volatility of other asset classes affecting it as well. I've seen more owner occupant investors and beginners purchasing the smaller sized multifamily properties. I currently have a duplex I'm about to list and expect it to go well over listing. It's a great method for beginners to house hack or for people who don't want to get full blown into real estate while still seeing some passive income, but I don't think it's as scalable. 

Post: What's Next For Los Angeles' Commercial Market?

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28

I wanted to create this post for agents, brokers, and investors alike to share their opinion on current and future market trends. Interest rates are increasing, which usually means we will see a fallback since history does in fact repeat itself. However, will this be anything like 2008? Or will it just be a minor correction moving towards an even more inflated market. 

I wasn't an agent back in 2008, hell I wasn't even out of high school. Jumping into real estate during a global pandemic and the most chaotic market real estate market ever has been eye opening, but I know it won't last forever. I'm looking to connect with like-minded individuals who are looking to share their opinions, learn, and take advantage of these times in the market. I'm a commercial agent in Los Angeles with my own listings, as well as my own network of qualified investors. I specialize in multifamily and 1031 Exchanges, which are hot right now. Feel free to add any words of wisdom or thoughts.

Post: Connect With Commercial Investors

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28

Nothing industrial quite yet. Only hotels and large multifamily complexes in various states

Post: Connect With Commercial Investors

Matt GiacintoPosted
  • Developer
  • Los Angeles
  • Posts 92
  • Votes 28
Originally posted by @Ronald Rohde:

I see a lot of these posts, but genuinely, what do you have to offer? Capital? trade? expertise? Is there anything you're exchanging? I want to help, but these people are busy...

So I'm bringing some properties to the table, just looking to connect with investment firms or investors themselves who are looking to continue to amplify their portfolio. I know there are a ton of these posts, but it's not because I don't know where to start.