Should You Allow Smoking

Monday, April 22

Smoking – it’s gross - but there’s no law against it. Everyone can make their own cigarette decision, but as a landlord you have to decide whether or not to allow it in you building. About 17% of adults smoke, so you are broadening your applicant pool by allowing it. However, there are a number o...


Tenant Can't Pay? Don't Freak Out

Wednesday, April 17

As a landlord, there are a number of reasons to panic. Usually the freak out is due to un-planned repairs or a sudden infestation. Those problems just suck - there's no two ways about it. However, this week I learned that there is one particular issue that initially seemed panic worthy, but actua...


When Good Deals Turn Great

Monday, March 04

I recently bought a condo in Santa Monica for $425,000. This included rehab and was a great deal in a very expensive market. I put down $175,000 of my own money and financed the rest based on the $425K value. The only downside to the deal was that the city has a restriction that this unit can onl...


Old Listings, New Opportunities

Thursday, February 21

Part of my job as a real estate investor is to keep an eye out for opportunities. This sounds like a no brainer, but there’s a method to the madness. Most good real estate deals don’t have a big shiny sign that says “This is a steal!” Often they are laying amongst a pile of regular listing just w...


The Risks of Real Estate Investing

Friday, December 07

As part of the Bigger Pockets community we're all fans of real estate investing. For many of us it's a passion. We share our knowledge and insight with new investors with the hopes of leading them on a path to success. However, we at Ali Safavi Real Estate feel it's equally important to remind pe...


Can Starbucks Increase Home Value?

Monday, September 10

Looking for clues on where to invest next? Here’s a hint: look for new Starbucks. According to CNBC and a new Harvard Business School paper, a new Starbucks is associated with a .5% increase in housing prices. Can coffee really have such an impact on real estate? No…but gentrification can.One of ...