With a competitive landscape for all types of real estate I had a very difficult time finding opportunities where the price and numbers looked good, and the seller was motivated enough to carry a note.

I am currently active duty myself, learning as much as I can about real estate investing and the opportunities that it can offer.

I just bought a house that I could afford, did what I could to create equity and tried to repeat that process when I had an opportunity.

“Lyons, I love seeing someone with your drive and vision diving into multifamily real estate in LA—you’re in one of the most competitive and opportunity-rich markets out there.

The tenants will lie, cheat, and steal at any given opportunity.

Until whoever is sending you these opportunities has the conversation with you on how much you'd like to make on a deal, how you figure your ARV and how you plan a rehab/ costs they are likely going to continue sending you opportunities you won't find too appealing. 

Building good relationships with tenants and professionals while planning for future scaling opportunities can also help you grow sustainably.Good luck!

An immersive 8-week virtual summit designed to help you identify opportunities, avoid costly mistakes, and build lasting wealth in 2025 and beyond.

My long term goals are a portfolio of roughly 20 doors or more if the opportunities are there.

You may need to resubmit things several times, have a hard time getting ahold of them, and there is a very high chance they blow your deal up last minute, but at least you have the opportunity to get the best rate!