Real Estate Investing with Alex

Real Estate Investing with Alex in the works!

-Property was in pre-foreclosure. Agents remained in full communication with the Bank to prevent the foreclosure sale.-C...
06/02/2022

-Property was in pre-foreclosure. Agents remained in full communication with the Bank to prevent the foreclosure sale.
-Carefully navigated through this transaction with Two trustees who were not in communication with each other, open court case, multiple attorneys and 4 other beneficiaries out of state
-House was cluttered and full of personal property. Had to be cleaned before marketing
-Sold at a record $426/SF for non-renovated SFR in Orange

This transaction came through a referral of a past client of mine. He introduced me to one of the trustees of the Family Trust after the Father passed away. There was bad blood between the brothers and we had to navigate this transaction carefully.

One of the brothers tried to sell the property For Sale By Owner (FSBO) to save on realtor commissions and everybody thinks they can sell real estate nowadays... He put it up for sale at $930,000 and had some interest but no serious commitments to buy. He was spinning his wheels.

I take on the listing and bring on my friend who is killing it in residential real estate. I typically work commercial multifamily so this deal didn't fit within our wheelhouse but I was more than willing to advise on valuations and negotiations. Justin brought in over 150 interested Buyers within 2 weeks of marketing the property, got over 20 offers and ended up closing at $1,210,000.

Do NOT make the mistake and try to sell your property yourself! You may be leaving hundreds of thousands of dollars on the table. If you know anyone with a real estate need, let me know. I'll get you in touch with the right people.

✅ Daedo. Next up Pa Ord 🍜
05/20/2022

✅ Daedo. Next up Pa Ord 🍜

Hustle and Bustle | Welcome to Los Angeles
05/05/2022

Hustle and Bustle | Welcome to Los Angeles

1406 Edgecliffe Dr. Live in one of the trendiest neighborhoods Los Angeles has to offer. Famous for its artinsinal coffe...
12/11/2021

1406 Edgecliffe Dr. Live in one of the trendiest neighborhoods Los Angeles has to offer. Famous for its artinsinal coffee shops and vibey mom and pop restaurants and shops, Silverlake has become the ultimate living destination for young professionals and families to settle into. The area was known previously to house a lot of the up and coming Hollywood community. Front house, occupied by the current owner, will be delivered vacant at COE. It is a original LA style Craftsman home with a number of upgrades to the flooring, windows, siding, plumbing, A/C and more. The back unit is a standalone unit. The lot is 7300 SF with RD1.5 zoning allowing a developer to build 4 units by right or up to 8 with the TOC density bonus. The deal is competitive at its current price!

don’t snooze yourself from what life is offering you ⏰
12/11/2021

don’t snooze yourself from what life is offering you ⏰

5300 Loma Linda is a 10-unit apartment building with opportunities to execute the value add play in the prime 90027. Ton...
11/25/2021

5300 Loma Linda is a 10-unit apartment building with opportunities to execute the value add play in the prime 90027. Tons of new development in the immediate area, including 2 on the same street subject property is on. Property has been in the same Family for over 40 years. The building features tons of charm, 7500 SF of building, sitting on over 10,500 SF lot. Extremely high walkability score and easy access to the 101 FWY and Metro on Hollywood and Vermont. This one will NOT last!

We're hiring workers for our Airbnb business! Around 20 hrs a week with potential for more based on performanceWill need...
11/09/2021

We're hiring workers for our Airbnb business!
Around 20 hrs a week with potential for more based on performance
Will need a vehicle for transportation
Will need to enjoy solving problems and providing value
Learn quickly and adapt
Mainly around LA/OC

As some of you may know, I partnered up with an Airbnb management company based in LA. We have over 130 units under management, invest in Airbnb properties ourselves, and also place investor capital into Airbnb properties. If you are looking to make some income starting today with room to fill in a larger role down the road, message me. We are growing quickly and looking to scale up with the right people. No Randos

Match Maker of property. In this case for a development site between a syndication group and established developer in Ko...
08/10/2021

Match Maker of property. In this case for a development site between a syndication group and established developer in Koreatown

Drink Tequila my Friends
08/09/2021

Drink Tequila my Friends

04/15/2021

Reminder to myself that no matter what goes on in the external world, to take care of the internal ecosystem. Be the God of my own body allowing rich nutrients and fresh water, not chemicals and not proverbial sand. Be a thriving biosphere growing with lush greenery and filled with multitudes of Life. Allow the mind to clear of the clutter by feeding it great thoughts and with amazing experiences. Take Care...

Got another listing this time a commercial mixed use property in South LA. Two things I do very well in my business is 1...
04/09/2021

Got another listing this time a commercial mixed use property in South LA. Two things I do very well in my business is 1. pricing the asset accordingly using a number of different pricing metrics to get closest to the intrinsic value of the building. 2. effective and aggressive marketing to reach a wide net of prospects and a deep pool of active Buyers in the area. I take all of my listings through my 18 step marketing process which includes professional photography, online and offline marketing, cold calls, exclusive networking groups. Subject property happens to be the lowest priced commercial mixed use property available for sale in all of LA and we're getting a lot of traction right now. Reach out if you have any desires for a property such as this.

Got the 8th highest commission in the office and my brother had his first gig as a DJ in over a year on 3rd St Promenad...
03/31/2021

Got the 8th highest commission in the office and my brother had his first gig as a DJ in over a year on 3rd St Promenade in Santa Monica. Keep looking Forward...

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700 Flower Street Suite 2900
Los Angeles, CA
90017

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