All Forum Posts by: Francis A.

Here's an interesting article from the WSJ:

http://online.wsj.com/articles/how-to-play-the-real-estate-market-before-it-s-too-late-1411333001

Ben - Good luck with your move to Minneapolis! Great city to live in.

PS:  Check your messages.

@Jeniffer Huie   Regarding your post. Next week there is a meet up in Alhambra that will address your initial question. If you can you should really attend. Rudy Kusuma is the the agent who hosts this is a really great and knowledgable guy!

http://www.meetup.com/NuVision-InvestorsClub/events/207808752/?a=ea1_grp&rv=ea1&_af_eid=207808752&_af=event

@Mark Marinaccio

@Brian Gibbons just posted this very informative article in a separate post. There is house related flipping news in the article that you will find interesting.

http://www.housingwire.com/blogs/1-rewired/post/31...

All the best in your investing endeavors!

Santi,

Like you, I found this site not too long ago and it has been great! 

I'm sure you've already listened but I always point friends (over and over again) to check out the podcasts - all of them if possible. I can't tell how many ideas can be ignited just listening to the various seasoned investors talk about their successes (and failures) that helped them get to where they are now. And the great thing for what you're looking for is that they're all active members here so you can seek them out as you grow as an investor.

If you don't already have this book, grab it for reading during your down time.

http://www.amazon.com/Every-Estate-Investor-Financ...

And finally, you forgot to tell us the name of your band so we can look out for you on your way to success!

All the best!

Francis

There an interesting article that Los Angeles investors (and ultimately investors in general) will find an interesting read.

http://www.latimes.com/business/realestate/la-fi-h...

Hi,

Has anyone taken classes with this outfit? They're offering a discounted 12 week course (pre RE license exam) on Groupon. They're even loaning out textbooks for the duration of the course.

Any feedback is appreciated!

Thanks so much!

@Steven Scott  I am in your same boat pretty much. I own a duplex 3 miles south of USC. I just rented out a 1 bedroom to a USC med student.

I want to do this again but I am looking to invest certain cities in the midwest where rent for a 2-3 bedroom costs $1500 - $2000 on one side of a duplex that would command 2-3 times more to buy in Los Angeles in a duplex that is similarly priced. 

And I'm told that those cities are over priced!  That tells you what the Los Angeles county market is like price wise. 

I have friends in finance who have told me to hold my money and wait till next year this time. They seem to think prices of properties will start to drop.

So if you can rest (3 jobs at break neck speed can cost you health wise) plus you want to live to see the fruits of your labor and start looking around in 12 months you might be in better shape to make serious moves.

Just a thought.

Good luck in your investing!

@Jon Huber You absolutely right about Boyle heights duplexes getting bought as soon as they're listed on the MLS. If you look at the map, Boyle Heights is actually quite close to USC and downtown Los Angeles. I'm not saying you would want to rent to students but I look at the USC area as ground zero 2.0 after what's happening in the 1.0 area which is downtown Los Angeles. I see it as a wave that's running in concentric circles and spiraling outward.

@Will F. 

Watch the video attached to the brewery's "about" link for a better view of inside The Brewery.