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All Forum Posts by: Al M.

Al M. has started 2 posts and replied 35 times.

Post: Self Storage- Making an offer on land

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15
Quote from @Henry Clark:
Quote from @Al M.:

@Henry Clark Do you have a facility in the Bay Area?  Curious how that’s been performing?


 LA is a great market also. Just can’t do what others are doing. Analyzes that market also but the person never moved forward. 

Thanks Henry!

Post: Self Storage- Making an offer on land

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

@Henry Clark Do you have a facility in the Bay Area?  Curious how that’s been performing?

Post: No one talks about commercial real estate

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

@Henry Clark and @Mordy Chaimovitz are spot on.  These are key differences, but like everything else, once one gains experience in that space, these will just be part of doing business.

19K posts?!?! Wow that’s a lot of good content.

Post: Self storage, Boat and RV storage in the Willamette Valley, OR

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

Yes @Paul Moore Storing up Profits.

Post: Self Storage Investing...what is the best way to get started

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

I echo what others have suggested above.  Having a knowledgeable owner/partner is key.  We arrange a ton of financing on self storage, so when the time is right for you, happy to line up your financing for you.  Keep at it!

Post: How do I find people for my real estate syndication?

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

@Taylor L. that’s great advice!

Post: Cpa in the San Francisco area

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

@Francis Mulla Just keep in mind that you’d be filling your taxes in two states; where you live and where your rental is.

Post: Private Lending Funds - Arixa Capital

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

@John Sullivan I had a terrible time experience with them, unfortunately. It was nearly impossible to get my money out. Got the run around for about 6-7 months. Let’s just say ultimately they didn’t give me back my funds WILLINGLY! I’d be careful of that. But I did get the interest payments regularly and the staff that work for Jan have good intentions. Seems like Jan is the ultimate decision maker and is guess most of the issues with getting back my funds were in his hands.

Post: First time syndicating

Al M.Posted
  • Lender
  • Los Angeles, CA
  • Posts 39
  • Votes 15

@Seb Ko @Brett Mack Interesting idea Seb. Where are you guys located? Maybe we should get a group message going…?

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