All Forum Posts by: Soheil Naimi

Majority of the data I see and hear about is indicating 2022 to be positive for real estate.

If you gentlemen own or invest in real estate, then you should be happy about the news. If you don't own any, look into rent to own, or off market properties.

Unfortunately for those sidelined buyers, there’s more bad news. In the next 15 months—through the end of 2022—Goldman Sachs is forecasting U.S. home prices will soar another 16%. While that represents a slight deceleration in the growth of home prices—which are up 17.7% over the past 12 months alone—it’s hardly price relief for buyers. Simply put: The investment bank thinks the housing market frenzy set off during the pandemic has a lot more room to run.
“The supply-demand picture that has been the basis for our call for a multiyear boom in home prices remains intact," the Goldman Sachs researchers wrote in their report. “Of all the shortages afflicting the U.S. economy, the housing shortage might last the longest.” They don’t see prices correcting anytime soon; in fact, they are forecasting another 6.2% jump in 2023.

Potential condominium conversion project in a nice area of Los Angeles.

Purchase price $10,000,000

ARV $13,000,000

For those not familiar with the process, I can help with the work. The subject property is a class B 24 unit apartment building, and the plan would be to convert it into 22 condominiums. One bedroom units sell for about $500,000, two bedrooms at $600,000, and 3 bedroom around $750,000 in the area. 

Serious inquiries only.

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Potential condominium conversion project in a nice area of Los Angeles.

Purchase price $10,000,000

ARV $13,000,000

For those not familiar with the process, I can help with the work. The subject property is a class B 24 unit apartment building, and the plan would be to convert it into 22 condominiums. One bedroom units sell for about $500,000, two bedrooms at $600,000, and 3 bedroom around $750,000 in the area.

Serious inquiries only.

Potential condominium conversion project in a nice area of Los Angeles.

Purchase price $10,000,000

ARV $13,000,000

For those not familiar with the process, I can help with the work. The subject property is a class B 24 unit apartment building, and the plan would be to convert it into 22 condominiums. One bedroom units sell for about $500,000, two bedrooms at $600,000, and 3 bedroom around $750,000 in the area. 

Serious inquiries only.

Very good. Thank you

I am looking for ideas to have an IRA account funds be extracted to be used and the tax be deferred

I had seen your response, but I did not get a chance to thank you until now. Have a good weekend.

Looking for a good place other than Loopnet to find good NNN deals. I appreciate any leads. Thanks.

If this is still available, please send me more information.