While making upgrades to your current property can be exciting, not taking the time to research and verify which upgrades are the best can put you in an unforeseen financial hole.
So real quick I'm talking about fees that sponsors charge, syndicators charge for a deal whether it's an individual apartment deal or for a fund.
So you've finally made the decision to list your home and it wasn't easy I'm sure. Just like when you purchased your home, you had to prepare.
Unless you are a first time home buyer, it's a common predicament to be in. You want a new home, yet you have to sell the one you're currently living in. Seems like a daunting task
The neighborhood is Genesse Highlands which is a great little townhome neighborhood in the UTC area. Rents are going to be on average in the high 2,000s around $2,800 all the way to $3,200 depending on the unit.
The rule of thumb for apartment investing is the 1% rule. This rule is used to calculate the average projected rent at a 10 multiple.
So the first home is 7732 Lookout Dr, beautiful rebuild/remodel. Great location borderline Hillside area of La Jolla. Ocean views, great design.
Congrats to all of our winners for the January 2020 Amazon gift card giveaway. Kris, Tyler, Judy, and David! Four $25 Amazon gift cards. Next month we will be giving away two dinner tickets to Eddie V's in La Jolla!
In order to answer this question, you have to understand money buys choices. Choices equal happiness. What cashflow quadrant are you in and what choices do you make when you have money? Join Justin as he explains the reason why people get stuck chasing money in the wrong cash flow quadrant.
Justin Brennan with the Brennan Real Estate Group standing here with the Amber Anderson at the Pacific Sothebys Internation Realty 2020 beginning of the year launch where we go over everything coming up with the company and new business opportunities within.