L.A has lot's of billionaires, ultra high net worth individuals and funds similar to NYC so competition is stiff.

From a high risk, high hazard policy to an ultra preferred occupied home

Either this is not a good buy or you expect an ultra high appreciation rate.Good Luck.Bill

National corp tenant that will give ultra security to the cash flow.Costar has a thing called Costar tenant that shows when other tenants are leaving a space and when they will expire.

But now it's become the second homes of the ultra rich and the second fastest growing financial sector in the country.

If you have cash to burn, I would suggest registering yourself into real estate courses at your local university - way more respectable instructors and nobody will upsell you to their "ultra super premium" course which you must take!

I'm curious about those numbers, I've yet to see numbers close to those.It sounds like in order to find stuff like that the numbers would have to be embellished, since it seems like true 2% properties are quite rare, and that means the 50% rule will have to bent.What I mean by that is, finding for example a $100K property with $2k rent (which is what I would "need" in order to assume $1K cashflow with the %50 rule) is quite rare, especially assuming it's in a market I have a property management I can trust,  and in a good neighborhood.I know that the 50% rule is ultra conservative, and that I don't necessarily need a $2K rent for a $1K cashflow.

Unless you’re ultra high risk or in the marijuana business or some other reason that would cause you to be un-bankable...

Understandably they are very private people being ultra high net worth which is 25 million and higher.I am glad this site is giving you so much success.

That's what I just paid to 100% rehab a 3/1.5 with new bathroom, all laminant floors, new AC, paint kitchen cabs with Home Depot's latest Behr Ultra white enamel paint, the best latex paint in the world.