All Forum Posts by: Austin Mudd

@Matt Devincenzo, that would be very nice. Of course you don't have to go through all the work for that, but I appreciate it nonetheless. 

The lot is located in Encanto.

I've begun to model out a land acquisition and MF development pro forma for a 7 unit, 8000rsf apartment in San Diego. I'm unfamiliar with what appropriate income and expense figures are for small apartment buildings in the area. I see according to the link below that average operating expenses are around ~$4,500 a unit. I'd like to be able to get more in detail and confirm such figures. 

http://www.naahq.org/sites/default/files/naa-docum...

Btw, any tips for modeling? I've had to model out pro formas for CRE classes in school but am not experienced in a real world setting.

Sorta related, but I'll give it a shot. In high school I was with a MMA gym. The instructor was a Strikeforce professional fighter. He was about .500 at the time. He was a great guy. Was really close with his family and we all really respected him tons. UFC interviewed him for the Ultimate Fighter TV show (which is where a bunch of guys train and get taught by top tier pros where the winner goes to the UFC) and didn't make the cut. Pretty sure he hated it and said that all the other guys interviewing were the most dramatic and immature people out there... you know, because that's what reality TV is all about.

Hello everyone. I am a soon (two weeks to go) to-be graduate of USC. Will be starting work full time as a Real Estate Banking Analyst for a large bank on the east coast in latter porion 2016. I am interested in real estate investment and the goal is to primarily operate in the Southern California region in the future. Will probably like to get my feet wet before i move back to Southern Cal while I am in the northeast for a few years. I have followed the real estate sections of websites such as Reddit/r/realestate and Wall Street Oasis. BP seems like the place to be for RE.

Edit: And fight on to any Trojans out there!