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 ...


The Luxury Real Estate Market Is Expanding

Thursday, September 06

Luxury home sales are on the rise. That may come as a surprise with an uptick in interest rates and questions over tax reform. But, according to Christie’s International, luxury home sales increased by a whopping 11% in 2017.Why? One big reason is the upward trajectory of equity markets - giving ...


Understanding Home Value

Tuesday, August 14

When you're getting ready to sell a home, whether it's your primary residence or an investment property, you’ll need to know how much it's worth. You know what you paid when you moved in. Chances are you’ve done a few renovations, but how much did those improvements increase the value? It's not a...