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6 August 2024 | 28 replies
I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.
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6 August 2024 | 29 replies
I’m an accountant by trade.
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3 August 2024 | 5 replies
Call me a skeptic but I find it hard to believe there are properties trading in 19147, 19148, 19123 or even 19134 at a 14% cap rate.
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6 August 2024 | 49 replies
Fast forward 14 months later, through following what David and Cody teach we now have multiple signed LOIs from National, publicly traded, home builders that will net us multiple seven figures.
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2 August 2024 | 7 replies
You will be way ahead of the curve.Your video production skills will be your biggest asset to trade for experience and you need to keep this in mind.
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3 August 2024 | 7 replies
Something like co-hosting STRs, real estate photography or video (including drone), something in the trades if you have those skills, part time agent, etc.
2 August 2024 | 15 replies
I advise to leverage your current skills to work in other trades and get into real estate investing once you're ready.
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2 August 2024 | 4 replies
Contact the Federal Trade Commission and the Consumer Financial Protection Bureau.
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2 August 2024 | 4 replies
You offer him $200k made up of the $50k land lot in trade subject to the existing $150k mortgage.
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2 August 2024 | 7 replies
Yes, but the trade off is worth it.