All Forum Posts by: Ray San Miguel

Hey BP! I have a couple of questions. I am just starting out and would like to see where to invest for buy and hold in Southern California? And average cash flow per door in that area? Any help would be great! Thank you.

I have worked in the Automotive industry for over 5 years. I found real estate and love it. I want to get into primarily real estate investing maybe working with an investor/or investment firm in Orange county/Los Angeles. I want to learn the business inside and out! I have great sales knowledge that is always growing. I don't know where to look/start? I finished the classes to get my real estate license and my mortgage origination license. Any guidance would help! Thanks BP!

@Russell Brazil Great thank you for helping me out! it is much appreciated!

@Darren Eady I can see both sides. It is like a double edged sword! Thanks for the pointers!

Russell Brazil yeah I understand. So how would that break down monthly wise on say 390k? Or if you could point me in the direction to help me understand hard money loans a little better.

I know there are a lot of people in the hard money industry that can take advantage of newcomers so I figured I would ask the BP community. I understand the idea of hard money lenders, But how does it break down? How do you know if the terms are good? I am looking at a property that requires cash offer only. I want to fix and flip it and pretty much needs a full rehab. List price 390k probably will sell for 420k. The ARV based on comps are 520-550. Thanks guys!

Thank you for the link!

what would be needed typically for  down payment on an apartment complex?  Say anywhere from 675,000-5,000,000. @Gerardo Dominguez @David Alvarado

Welcome to BP!

thank you for all the information it was very helpful. 

@Gerardo Dominguez how do you calculate expense? How do you know what needs to be done?

How do you analyze an apartment complex deal? No property in particular just want to understand how to look at them.