All Forum Posts by: Nicholas Pugh

I find your comments contradicting.......you are on one hand complaining about the medical debt keeping people from buying homes and on the other hand your saying its the governments fault because they want to not let medical debt be included on your overall debt when applying for a loan?? Sounds like you are also complaining about the current government not taking care of the health insurance situation and high costs of medical? Well the "Other" party doesn't want to do anything about that? Obama care has helped many people, as well as the latest insulin price cuts that were literally killing people who could NOT afford their medicine, as well as what to do with the insurance companies. That would be a great start?!? but then we run into the "Socialism" idealists who think if we do anything that is Government related to address health care, then they, the Government is taking control of our country?? C'mon...lets not point fingers here and just say that America needs to get their **** together.......as one, not one party or the other. Inflation has everything to do with people continuing to spend money. Higher demand, higher prices, higher inflation.....Has nothing to do with the Government. Well that's all I have to say.....Which I never do say anything, but figured this was a good time to say what I think. :)

correct, you can only really value this as land, as if you are demolishing the current buildings on the property, there is no value to those. However, land pricing is based on many other factors such as zoning, location, the city its located in can make a big difference if there are certain factors that give developers incentives to build there such as transit, low income, walking distance to rail and other things. The other most important factor is going to be comps in that area for similar development properties. This can vary quite a bit depending on the area, but it really comes down to what a developer will pay based on what they can build. 

Nobody here at the Brew Hall? .....went to meet up and no sign of anyone?

Ya its almost a big as my house ;).......

Great Reply, this is a great example of how this forum can work for newbies. I applaud American West Realty and Management! …just wanted to mention this.

 Hi Gregg, as per your initial reply and suggestion....I'm intrigued about looking at a bigger property. Let me know if you have any time to discuss.

 Hi Sean, can you give me more information on your company an d what services you provide? 

 Thanks Gregg and appreciate the advice, however, I'm not so sure jumping into a 100+ property would be the best way to get my feet wet. I think I need t start smaller in order to wrap my arms around this first in order to be successful in the future. 

Well who said running a business is easy? My name is Nick and based out of Los Angeles area with many years of experience in starting and operating many types of businesses. I'm new to the Multi Family Property investing industry, but have found the past few months of research that investing into Multi Family properties is a huge difference than just purchasing a house. I am also a licensed Real Estate agent in residential but making the leap over to the Multi Family sector and finding a huge differentiation between the two. I am building my TEAM and currently looking in specific markets in the Los Angeles County areas for 4+ UNIT properties. So if there is any feedback from any seasoned "Multi Family" investors / operators....Please feel free to reach out!