All Forum Posts by: Joseph P Finkelstein

The biggest problem with investing in real estate is there are too many ways to win! From value-add hard money deals to syndication projects, there are ample strategies an investor could embark on to capitalize on the four elements of return. Join us for our next South Bay Generational Wealth event to learn the secrets behind how investors in our local market make their money! And yes, it really is possible for this to happen in California...

In addition to our top secrets we will be discussing:

• Compound interest on an investment
• Local market trends
• The four elements of return
• Metrics used for deal analysis
• How to select the right property for you

Whether you are an aspiring, a novice, or an experienced investor, all are welcome. Looking forward to seeing you in class!

Coffee and donuts will be served!

Agenda:

10:00 - 10:15: Networking
10:15-10:20: Introductions
10:20-10:50: Initial Presentation
10:50-11:00: 10-minute break
11:00-11:45: Follow Up Discussion
11:45-12:00: Q&A

https://www.meetup.com/south-b...

What steps do I need to take before I buy an income property? How do you calculate the return on a real estate investment? Get the answers to these questions and more at our next South Bay Generational Wealth event! Join us to start your own investment plan from the comfort of your own home as we take this meeting virtually.

We will be discussing:

• Compound interest on an investment
• Local market trends
• The four elements of return
• Metrics used for deal analysis
• How to select the right property for you

Click here for the Zoom registration link.

Whether you are an aspiring, a novice, or an experienced investor, all are welcome. Looking forward to seeing you in class!

It's time get back to the basics of how to create an investment plan and operate a successful real estate portfolio. Join us for an in-person person meeting about how to learn, plan and invest in multi-family real estate! This event will be led by real estate investment consultant and former CPA, Sam Alherech. Sam is a wealth of knowledge on asset management, investment strategy, tax implications, and deal analysis, so take this opportunity to learn from an expert across multiple disciplines.

We will be discussing:

• Compound interest on an investment
• Local market trends
• The four elements of return
• Metrics used for deal analysis
• How to select the right property for you

Whether you are an aspiring, a novice, or an experienced investor, all are welcome. Looking forward to seeing you in class!

Coffee and donuts will be served!

https://www.meetup.com/south-b...

Please join me on May 6th for a high-level illustration of the “Buckingham Method” to learn, plan, and invest in real estate. For each section, we will be covering the following:

• Principles for real estate investing
• Why buy and hold?
• How to use metrics
• Setting goals and applying strategy to create a plan
• Key factors to consider before investing

This class will be taught by myself, Joseph Finkelstein.  Whether you are an aspiring, a novice, or an experienced investor, all are welcome. Looking forward to seeing you in class!

Meetup Link Is Here

Coffee and donuts will be served!

Agenda:

10:00 - 10:15: Networking
10:15-10:20: Introductions
10:20-10:50: Initial Presentation
10:50-11:00: 10-minute break
11:00-11:45: Follow Up Discussion
11:45-12:00: Q&A

We hope to see you in person at the Buckingham Investments Torrance Office!

Creating a foundation for generational wealth starts with education! Join me and my colleagues Saturday March 25th to discuss how to start investing in multifamily real estate, the use of metrics to evaluate a deal, and how lending affects your buying power.

https://www.meetup.com/south-b...

Hi Justin, 

For California, Long Beach, Lawndale, and Hawthorne are all good markets for multi-family. On average they all have pretty stable appreciation,strong rental markets, and are blended in with the strength of the Los Angeles economy and housing shortage. Plus they are pretty close to the coast and are nice places to live. 

That said the areas you are looking at are quite interesting as well. 

In your analysis for affordability, were you working with a lender and did you ask the lender what it looks like if you bought a duplex?  I only ask because most lenders can count the income from the second unit as part of the underwriting, so if you can find a duplex with a strong-paying second tenant, it might get you over the hump. 

This is 100% a generalization; everything is deal-dependent, but condos are typically challenging for cash flow. Single-family in LA already trades at a premium from a rent-to-purchase ratio, and once you add in HOA payments, it can eat up a lot of what is left. (Although, you do get a discount on gardening, maintenance, etc)

That said, run the numbers. If you can find a solid 3 bed,2 bath condo, and rent out the individual rooms, you could very easily get ahead of the cost of renting while starting to build up ownership equity. 
 

The fist place you can check is:

http://zimas.lacity.org/

If it is in one of the highlighted areas, there is a strong chance that it falls under LA city rent control which is 3%+CPI

Otherwise you can often get clarity by searching the website of the city that you are in. 

CA statewide rent control is 5%+CPI

@Givo Aghasi We are having an event this Saturday, but the topic this time will be tax strategies. 

Topic:

Creating a foundation for generational wealth starts with education! Join us Saturday February 11th to discuss potential tax tips and strategies to utilize as a real estate investor.

Agenda:

10:00 - 10:15: Networking
10:15-10:20: Introductions
10:20-10:50: Initial Presentation
10:50-11:00: 10-minute break
11:00-11:45: Tax Presentation
11:45-12:00: Q&A