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All Forum Posts by: Ray Dipasupil

Ray Dipasupil has started 4 posts and replied 144 times.

Post: CPA and tax attorney

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

I'm sure, but I still have no idea who they are lol...

Post: How much do lawyers cost?

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

Depends on your connections. For me, I've been getting free legal advice & work from my business partner, who is also a friend of mine (inside & outside of RE). I'd say building rapport with local attorneys would help decrease costs.

Post: RV park/hotel/mobile home park

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

I've looked into this here in L.A. but have passed on. That said, if there is a strong demand one should definitely consider it as part of their strategy.

Post: Multi-unit priced higher now than at 2007 peak

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

Very possible assessor's office got it wrong. They are prone to human error.

Post: Do you consider real estate a business or an investment?

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

I consider it as both :)

Post: Sellers did not disclose illegal work with no permits

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

So sorry to hear! You do have every right to pursue a legal claim against the seller's & seller's realtor(s). You don't have to sue them in order to pursue a legal claim.

Post: Is a bad buy and hold deal possible?

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

Focusing solely on appreciation is highly speculative. Not necessarily a bad thing if you're into that kind of stuff. Appreciation is just one aspect, albeit an important one.

Post: Pinellas County Market Stats for July 2016

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

Good to know. Thank you for sharing this.

Post: Startup Money - Investor

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

Nearly all investors would like to see someone that has some skin in the game. Since you're not going to be putting up the money yourself, it helps to explain to potential investors what value you'll be bringing to the table. Even posting it here in full detail would be good for other community members to see.

Post: Looking to learn in the Washington D.C. area

Ray Dipasupil
Posted
  • Investor
  • Los Angeles, CA
  • Posts 149
  • Votes 51

Here's a DC-REIA meetup close by you http://www.meetup.com/realinvestors/