All Forum Posts by: Ray Dipasupil
Ray Dipasupil has started 4 posts and replied 144 times.
Post: First Live-In Flip Complete!
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
Very very inspiring! Glad to see a family thrive in the live-in flip biz. Thank you for sharing your wonderful story. Are y'all looking to stay in Louisville, Kentucky?
Post: 3D Printed Model Homes
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
I co-founded a 3D printing company where we distribute some of the world's best 3D printers & also design & engineer custom 3D printed models for our clients.
I can 3D print model homes for those interested to get a taste of what 3D printing is all about. I know 3D printing a model home helped me envision the beginnings of my real estate journey & where it could go. It also works as a lovely display piece in your living room or office!
Here are a few pics --
We can print this in strong ABS or PLA material. Pricing differs based on size of the project. We can 3D print any models you have in mind!
Post: 100th BP Post!
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
Congrats! I love hearing couple stories like this. I'm sure it toughened you both up after that brutal commute & temp living situation with the parents :)
Post: thinking of investing in US? How about 16-22% cap rate!
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
That's cool but any further explanation on "16-22%" caps
Post: Looking at Multifamily Deal in Daytona Beach Florida
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
Have you asked why the seller is truly selling the property? Cheering you on that the deal comes out favorable!
Post: When did you start to feel "real" as an investor?
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
REI started to feel real to me when I knew 99% of the info I wanted to know -- & no one else's info or mindset -- prior to even investing in my first deal. That said, if you're the humble type, then that can possibly trigger the 'feeling like a fraud' effect.
With 2 quads, you're doing good, I'd say!
Post: The new Investor
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
Hey Darryl, welcome. I suggest looking through the blogs & learning from them. As always, it helps to be proactive by doing your own research first before asking questions, unless it's really pressing.
All the best!
Post: Wholesale
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
Post: Pros and Cons on New lead Law
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
Originally posted by @Christian Bors:
Originally posted by @Ray Dipasupil:
There's really only 1 con, which is a cost to the owner that needs to replace/remove lead. The pros far outweigh the cons, which include:
- Safer living & health conditions for tenants
- A peace of mind for you as owner & for tenants
- Which can then in turn directly or indirectly, depending on your perspective & outcome, reduce vacany rates
Don't forget the other pros;
Lead contractors will make a fortune
More regulation is always better
The government knows best
The list you provided above is fluff. Do tenants and landlords really need peace of mind for lead based paint? Will it reduce vacancy rates? The answer to both is NO. If it was that big of a concern, the free market would determine rental units to be non rent-able if it had lead based paint. However, tenants do not care hence they continue to rent. Here's an idea, don't eat paint chips!
I'm glad PA doesn't have this problem yet. However, we have the issue of storm water management (aka the rain tax) which is another example of the government not understanding the economic impact public policies have.
Free market is imperfect & gets abused. Regulation is imperfect & gets abused. Some regulation will always be needed. The trick is finding the right spot for regulation.
Post: 38127
- Investor
- Los Angeles, CA
- Posts 149
- Votes 51
Awesome! Thanks for the Memphis update Alex