All Forum Posts by: Alex J.
Alex J. has started 17 posts and replied 307 times.
Post: How is everyone doing in Houston with Harvey

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
Tons of rain throughout city... Nowhere is spared this time. Sugarland here, seems ok for now. In the loop not so good
Post: Analyze this deal: Houston, TX

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
i think that appreciation is probably a bit too rich, its more likely to be flat in the next 3 yrs... i think houston has overshot its value relative to other metros, you can probably google articles about it being overpriced relative to other major metros. so i would only look at appreciation as a bonus not as a given on your model
Post: 200k to invest. Buying a rental property during medical school?

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
200k is about the cost of your student loans you will incur...unless this is money you can afford to not have or lose or what not, dont mess around with it. the multi fam around the med school areas arent exactly luxurious areas... if you buy a place, get something leveraged and keep your money... example take 40k put 10% down on a 400k house around say braeswood, then put the rest in a 4 yr muni bond for it to collect tax free income while you are learning then pay your loan off or tuition off. student loan debt is highest weighted hit when trying to get a loan
if money is no object to you, get a house in west u and youll prob preserve your capital
Post: Mind Blowing Mortgage Facts and Misconceptions

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
Great post!!!! @chris mason
Regarding the 20 loans ...are you sure that's right? If I am married and wife is on ten and I am on ten we can technically own 20 properties with regular Fannie Freddie loans? This is news to me has this always been the case?
Post: Is it really not possible to cash flow in the Los Angeles area?

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
South la still cash flows
Probably putting more down cash flows
You are not crazy
Post: Wanted: Ventura County and Los Angeles County Wholesalers

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
Me too
Post: Bigger Pockets T-shirt Slogan Ideas???

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
Lol how about on a sweater you just have BRRRR across both sleeves
Post: Development opportunity North Hollywood Los Angeles

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
Calling All DEVELOPERS and INVESTORS!!! HUGE FLAT LOT * over 15,000 sq ft * Small SFR (shows as 3/2) is present and needs lots of work, but could be expanded and an additional guest house added to make for a fantastic 2 ON A LOT opportunity! Plenty of room for PRIVACY and PLAY! MAJOR property clean-out has already happened! Great North Hollywood location, convenient to a variety of major transportation options and hubs of employment. Don't let this RARE find pass you by!
Comp on a few streets down with similar sqft just closed for 675k on Aug 7 2017
Message me at [email protected] or my agent [email protected]
Just listed on MLS today since pocket list feedback was favorable....will allow buyers chance to look at property and submit before reveiwing all offers.
Post: BEST PLACE IN LOS ANGELES COUNTY TO INVEST IN

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
Originally posted by @Anssi Viljanen:
What kind of numbers youve been able to get in 90303?
91303
I try and buy 400 or below...fix for 65 sell for 525-550... Every deal is very different but that's flip goal
Post: Does Getting Up Early Have Anything to Do with Your Success?

- Investor
- Tarzana CA and Houston, TX
- Posts 326
- Votes 130
I wake up early for my job and my kids are also always awake very early. I don't think it has to do with my success...it just happens to be when the market trades...I trade natural gas futures for my day job
In real estate actually find most people I deal with from agents to loan people don't start their day till 9am I never understood how people do that ....half my day is gone already at that time