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All Forum Posts by: Nathan G.

Nathan G. has started 4 posts and replied 23 times.

Post: Long Beach Real Estate Meet up?

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

His guys, the LA South REIA has one in Torrence and there are Long Beach investors there. They have a meeting coming up on Monday Jan 22 about Rent Control. I plan to go.

Post: Multi-family 1031 Chicken? Egg? Conundrum?

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

@Michael Klinger Congrats on (hopefully) successfully exiting your deal. I think you can, with some work, overcome the objections that you'll face with lenders by coming to them with an established property management company, and other team members already in your corner.

This week I'm flying to a Mid-West market to meet with multifamily brokers and lenders, but I've already lined up two management companies that I like, and I have a 15 pg business plan for how I will approach the market and my criteria.

And....I already own multifamily, but in Texas, not this market. So I'm borrowing the local credibility of the management company, so to speak...

Post: Newbie in Land investing from Tampa, FL

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

Hi Scott. I got involved in land flipping a couple months ago. Since then I've acquired 3 properties, sold 2, and in the process of acquiring 4 more. I tripled my money on the first 2 sales.

I believe it is a great niche, but you need to follow a system. Get in touch with @JillDeWitt and @JackButala 

Post: Seeking Los Angeles attorney for FSBO

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

Looking for an LA (San Fernando Valley specifically) based RE attorney for a FSBO transaction. Thanks in advance for any recommendations!

Post: New investor from Los Angeles

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

@Jeff Greenberg Looks great, really appreciate the notice. 

Post: New investor from Los Angeles

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

@Luke Texidor Thanks! This site has been a wealth of information. What areas outside of LA are you looking to invest in?

Post: New investor from Los Angeles

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

@Daniel Han Turnkey properties are freshly rehabbed units with renters placed in them. 

Post: New investor from Los Angeles

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

@Jeff Matsuda thanks for the link! Such valuable information.... We should connect and trade notes. I've expanded my consideration to certain areas of Texas, but I'm focused right now on developing my long term strategy.

Post: Turning $200K into $350K/year net cash flow

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

I'm posing a hypothetical strategy situation to the forum: how to turn $200K into $350K of annual net cash flow in 10 years. Assuming all of the cash flow is reinvested and including additional contributions of $40-50K annually. 

There is reasoning for every situation, but I'm curious if a portfolio of Single Family Homes, Apartments, Mobile Home Parks, Commercial properties, etc is the best path.

Thank you.

Post: New investor from Los Angeles

Nathan G.Posted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 23
  • Votes 12

Really appreciate the comments guys, thank you. @Alex Craig, thanks for the tip on Little Rock. I hadn't thought of that market.