All Forum Posts by: Nabil Suleiman

@Jonathan Le

i would go to your building department to verify, if its LADBS, i would go down to fig and inquire. With that said, I have been able to put separate gas and electric on all my ADU's. I once looked at what the cost was for another water meter, and with that i decided to not do those so I have not tried. Let me know what you find out!

@Bill Rapp

thanks for sharing the information

@Esha Chennubhotla

A lot of good feedback here, but I would also add going to a local meetup or two near you and learning from what people present there, or networking with people from all walks of life. Their experience's and opinion's could help shape the route you decide to take yourself

@Warren Foster

Welcome sir, would love to hear more about the type of multi you are looking to acquire out here. We just listed a 4 unit, and have a few other off markets brewing. 

@Daniel Loane

I would really want to ask a few more questions before saying yes or no to certain things, aka; whats your zoning, lot size, Sb9 qualifications, and with this are you committed to short term as your primary goal, if so the questions above can assist in providing those opportunities. Along side the short term goal creating an ADU that is sizable enough for you to rent the front house can always be the next alternative option. My team and I have done different variations of ADU's small multi, and SB9 projects so am happy to help you further if you wanted to dive deeper into it.

@Eric Mcginn

If you want to learn about the agent side while you grow into investing and flipping, you can join any broker that has a good training program so you can begin to understand the nuances of the agents daily life. If you are not interested in doing anything on the agent side nor really learning about that stuff then joining something like tim suggested would be your best route. 

Big names like KW, Coldwell etc are very much a educator and take on a majority of first time agents. The smaller brokers tend to be a bit more choosey on who they take on. 

Just tapping in here, if people read this and dont know who the man is above... its 1000000% worth your time to hear him speak. There is no one like him alive today. 

@Adam Ortiz

I align with Tim on this one. I am all for owning your own residence, but really it comes down to your current situation. AKA are you living at home not paying rent? if you are renting is it inexpensive and therefore creating cashflow out of state can bring you closer to a net zero cost of living? It is very situational, and there are a lot of good opportunities to invest in places out of state. I invest locally and invest out of state, and the main issue for most is the shiny diamond syndrome providing you the reasons why investing (insert area here) is the best place. 

My way around it was really digging into 5 places that then narrowing it down from there. I have a few friends who is very pro Ohio (Akron and Columbus specifically), but i ventured elsewhere. Other hot spots I am sure you will hear about are Florida, NC, Texas, Indy to name a few. It all comes down to you researching and aligning with the area that you feel will fit your investment goals best. 

@Andrew Tyree

Met you at FIBI, glad to see you on here and thriving as an agent. Love to see it! Always happy to be a resource if you need anything!

@La'Chelle Jackson

Welcome to BP, if you have any questions on the agent side/ working with investors, feel free to reach out anytime!