Now they are required to obtain a commission agreement before setting foot in a property to show it to you. 

Diversification is also good in case the stock or RE market goes down.That's the 30,000 foot view, but if we can answer any more questions, just ask. 

@Pearse CafieroWhen starting out with your first rental property in Los Angeles, I’d recommend exploring FHA loans or private lending options to get your foot in the door.

Nothing is foolproof of course, but having another investor in your market make a suggestion at least gets us on the right foot. 

We elected Trump the first time, elected Biden to relieve ourselves of the chaos of his first presidency and now reelected him because he promised he would lower the cost of eggs by pumping more oil. 

I'm from Santa Barbara and moved to Oklahoma to get my foot in the door in real estate.

If youre saying condos are trading at $220 a square foot....Id be planning on a value of $110 per square foot on a co-op.

Nonetheless if you can build a 7 plex for $700K (in my area, things are getting built for $200-300 a square foot), it definitely seems like a profitable endeavor. 

You also don’t know what else I’m doing to get my foot in the door.

CT isn't cheap so if you plan on doing it there you are going to surprised at how poorly you do. maybe in the suburbs I'm not sure but as much as I know people call us from CT and everyone is rich and has lots of money and things are expensive out there. build to rent is a great model. we build 3 story walk up infill and keep it to the residential side. 3 units is the most units before it's commercial and you need engineering, etc. check comparable and things liek that. we came up with this design a year ago and we sold 10 if you want to talk further please DM me happy to connect. there are some great build to rent conferences. we went vertical not horizontal with it to save on build costs and design to fit on any infill lot. this fits on a 3500 square foot lot. most lots in our area are 30x120 or 30x150. in miami where I live now they are 50x100 or so. but any infill lot we can pretty much get this one on. there are some great build to rent conferences coming up too that if you like this topic I'd recommend attending I'm sure you'd learn a lot.