If you’d been holding around $620K from a 2019 sale and directed it toward a few properties like that.. especially if you leveraged financing.. you might’ve grown your portfolio’s total value well beyond what many Los Angeles holdings would have delivered over the same period.Then again, L.A. still has that unique mix of robust demand and limited supply.. from what I’ve heard, you can see impressive long-term gains there if you’re comfortble navigating tenant protections.

Of course each market is unique..

There are a multitude of roles, stages, and responsibilities for each and every unique project.

And when I speak with people (or write on my blog) I'm always VERY transparent about the unique challenges of the market there.

Perhaps some more than others, but each one brings a unique perspective.

I own a unique mobile home park in South Carolina that's relatively small (5 acres) comprised of 12 lots (I own 8 of the homes while the other 4 are owner-occupied and charged lot rent) along with a house (3 units). 

We buy in bulk at Sam's.We get a large pump body wash from Walmart.He get decorative hand soap dispensers and buy large jugs to refill all these.

Finding the right market is key since every area has its own unique dynamics.

The unique architecture and potential of the property, as well as the money making potential that it had.

Yes, because Private Money infers that you are in a negotiable deal where your project can be outside the box and you can negotiate unique terms with a private individual - that - or a big box lender with strict rules and guidelines.