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16 June 2021 | 5 replies
OR HOW ABOUT LEARNING TO COOK AT KITCHEN ON FIRE ALSO ACROSS THE STREET.VISIT THE AWESOME COMPOUND ART GALLERY ACROSS THE STREET.OPEN HOUSE SATURDAY AND SUNDAY.
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14 April 2023 | 6 replies
It was a challenge to work on the construction while also working on the art.
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19 December 2022 | 7 replies
All sorts of rehabs/conversions can turn a total loser into a cashflowing property. ...another example: I've built ADUs in previously unfinished basements, which turned properties that were $500/mo negative into properties that now cashflow 1000/mo ...the power move was rolling the construction debt into refis on other properties at lower rates, which more than negated the construction debt...in other words, I got paid to build the ADUs (these days, this isn't usually possible--or at least, it's a lot less likely--now that rates are rising...but who knows, rates might decrease again at some point...). ...Although certain rehabs/conversions can force cashflow, there is real skill and art to spotting properties that are good candidates for these types of rehabs/conversions. ...an effective rehab/conversion is often a lot trickier than HGTV would have you believe, and choosing the wrong property to do this can completely blow up the financial model.Another approach is to learn to find properties that have something that turns off other buyers, but which is irrelevant to cashflow, and irrelevant to your business model.
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7 September 2021 | 4 replies
Ultimately, working with contractors is an art and a science.
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4 March 2022 | 13 replies
Then, the art portion comes in whereby you need to know how to make proper adjustments to the numbers due to the factors of these comps.
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10 January 2023 | 20 replies
It's science and art, get out in the neighborhood and explore the city, you can see and learn a lot.Â
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31 October 2020 | 63 replies
As are art, gold, coins, and stamps, though these can become a fun hobbies.
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24 July 2019 | 9 replies
DTLA Arts District seems to be an upcoming area.
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20 November 2020 | 79 replies
Comps are more art than science than I'd like.
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26 December 2023 | 1 reply
Budgeting is an art Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?