All Forum Posts by: Aaron Xie
Aaron Xie has started 55 posts and replied 136 times.
Post: LA Area Meetup

- Investor
- Southern California
- Posts 155
- Votes 13
I will be there.
Post: Buy property as a company or an individual?

- Investor
- Southern California
- Posts 155
- Votes 13
Post: Can a foreigner get loan for commercial real estate property in the US?

- Investor
- Southern California
- Posts 155
- Votes 13
Post: Advice on investment opportunities for $700k cash

- Investor
- Southern California
- Posts 155
- Votes 13
Post: Advice on investment opportunities for $700k cash

- Investor
- Southern California
- Posts 155
- Votes 13
Post: Advice on investment opportunities for $700k cash

- Investor
- Southern California
- Posts 155
- Votes 13
Ok, here are some places I have been considering for about 1 year:
1) A multi-unit in Logan Square, Chicago, IL. It might be a good area for rental investment, but looks like the price is already high there.
2) A SFH in suburban Los Angeles area, given the strong house price growth there. But looks like the momentum has came to an end there.
Post: Advice on investment opportunities for $700k cash

- Investor
- Southern California
- Posts 155
- Votes 13
Originally posted by @Joel Owens:
Hard to say without knowing your individual goals and how active/passive you want to be.
Joel, thanks for your reply.
I am targeting at a 10%+ annual return with minimum risk, if that is possible. I don't have much time right now, so may not be actively involved. But I would like to know the options.
Post: Advice on investment opportunities for $700k cash

- Investor
- Southern California
- Posts 155
- Votes 13
Hi, BPers,
Happy New Year! I have been away from the forum for some time, busy with making my first pot of gold.
Now I would like to get some idea from you about investment opportunities for $700k cash. Where and what type of real estate properties will be a good choice? It does not have to be real estate, but this is the area I have experience with. I am a Canadian, but I have been in Chicago/Indianapolis for about 10 years for school, and right now frequently travel to Los Angeles.
Any thought will be appreciated.
Post: Is it normal for a management company to withhold repaid rent?

- Investor
- Southern California
- Posts 155
- Votes 13
An update here. Just finished a talk with the PM.
Just as Matt Devincenzo and Sam Jones said, the money is now in a non-interest bearing "escrow" account. The money will be deposited into my account at the time when all corresponding cost is realized.
This sounds like a reasonable answer, and given that they are not the only one doing it, and they are not just doing this to me, so will go with it.
Post: Is it normal for a management company to withhold repaid rent?

- Investor
- Southern California
- Posts 155
- Votes 13
Originally posted by @Yang Xiao:
I see both sides of the argument as I own rentals in Indy and I'm a PM myself. What's the name of the company? I just wonder.
Hi, Yang. It is RPM. Does anyone have similar experience with them?