Lyons Library
New Investor in Multi-Family Real Estate Looking to Learn and Partner
29 December 2024 | 2 replies
My current goal is to transform my professional Excel budgeting tools into an AI-powered app to streamline day-to-day property management, particularly for financial operations.
Franklin Marquette
ADU Valuation | LA County
23 January 2025 | 6 replies
Keep in mind the PPSF is the total value, which is land and structure.
Matthew Paul
L.A county California fires
22 January 2025 | 13 replies
As of 2 hours ago (1:00pm PST), there were a total of 7 fires:Pacific Palisades: over 27,000 acres burned, contained 11%Eaton Fire: over 14,000 acres burned, above Altadena, 27% containedHurst Fire: 800 acres, San Fernando Valley, 89% containedThese fires are contained:Lidia Fire: in Antelope Valley north of LAKenneth Fire: west San Fernando Valley, they suspect this one to be arson, suspect arrested (saw on one news report)Sunset Fire: Runyon Canyon near Hollywood HillsWoodley Fire: in Sepulveda Basin and San Fernando Valley @Becca F.: Any idea how far south the potential for Santa Ana or similar winds goes?
Delroy Watson
Unfinished Basement conversion
24 January 2025 | 7 replies
Figuring out the true cost will heavily depend on the type of dig down, depth, and total square footage.
Michael Overall
DST or other mechanism
20 January 2025 | 3 replies
Say they sold the properties over 3 year period and could not sell the rentals together as a portfolio.Could they put the money from each sale into a DST then use the total to buy a expensive rental property?
Daniel Baker
Considerations when selling.
15 January 2025 | 6 replies
What is the current market valuation of the property based on comparable sales (defined as similar properties, within a 1-mile radius, within the last 30 to 180 days, that are within 10% of total square footage)?
Robert Bell
Blue Oval City's Delay May Open New Opportunities
26 December 2024 | 3 replies
This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Principal Paydown: $2,441 Total Gain: $58,317 ROI: 360.32% (on $16,185 upfront investment: 3.5% down payment of $8,715 + 3% closing costs of $7,470).Year 2 Analysis Cash Flow: -$752 Home Appreciation: $6,120 Principal Paydown: $2,617 Total Gain: $7,985 ROI: 49.34%.Year 3 Analysis Cash Flow: -$375 Home Appreciation: $6,242 Principal Paydown: $2,806 Total Gain: $8,674 ROI: 53.59%.Year 4 Analysis Cash Flow: $9 Home Appreciation: $6,367 Principal Paydown: $3,009 Total Gain: $9,386 ROI: 57.99%.Based on these numbers, you’d have negative cash flow for the first three years and only break even in Year 4, assuming a 2.5% annual rent increase.Adjusted Scenario see second picture: Landlord Covers Gas and WaterIn the second scenario, I assumed the landlord would pay for gas and water at $300/month while maintaining the same 2% home appreciation rate.
Paige Seeley
Funding for a portion of a down payment
15 January 2025 | 6 replies
The property rents for about $4K/month total.
Maxwell Robertson
Aspiring Real Estate Investor and Future Developer
22 January 2025 | 1 reply
I’m Johnny, and I totally get the excitement of connecting with like-minded folks.