Viridian - www.theviridiangroup.com
Property Management
Common Questions about Real Estate Investing     

Why does it make sense to invest in Los Angeles Real Estate?

While California boasts the USA's highest average value per property for residential and commerical Real Estate, there are still many reasonably priced investment opportunities to be found throughout the state. The Greater Los Angeles area has consistently seen dramatically increasing property values, which is a great way to gain investment income and substantial equity in less time than might be necessary in other regions of the country.

 

Why can't I do it alone?

Even if you got involved with Real Estate wanting 100% control of your investment opportunities, you will realize, hopefully sooner rather than later, that it helps immensely to have an intelligent, supportive, and personalized partnership in order to keep things running smoothly.

Our main goal is to increase your ability to manage your Real Estate transactions in every way. Put simply, we will create opportunities for you. Opportunities to grow your property portfolio, opportunities to use your assets to their greatest advantage, and opportunities to create the financial future you have always wanted for yourself and your family.

 

How much property can I afford right now?

Multiple lenders will see your personal and business situations differently, however, it is a general rule of thumb that a 10%-30% down payment is required to purchase a property. We will generally only recommend a property if after your initial down payment, the property is expected to immediately generate usable income (even after mortgage payments and all other expenses).

 

Isn't Real Estate Investing really complicated?

United States Real Estate investors are drawn from all areas of the social and educational landscape, but most times success is directly related to making transactions that are most sensible for yourself and the industry. You know what your expectations, financial means, and involvement will be, and we are here to help you work effectively with the Real Estate industry.

 

I want to invest in Real Estate...but what about:

- my busy schedule?

Time committments vary widely from investment to investment and investor to investor, but many investors are surprised at how much work can be transitioned to specialized service companies (such as Property Managers), while still realizing very significant profits.

- my bad credit?

Credit is many times an issue when making Real Estate transactions, but a great method for attempting to build up business credit is to start investing in any income-producing property that is realistic for your specific situations.

- licensing?

Real Estate Investors are not required to hold specific licenses, however there are laws specific to every city and state that make it prudent to know as much about your local area as possible.

- all the necessary research?

Entering confidently into a large investment will be much easier if you have been involved in gathering data surrounding prospective properties, market conditions, and potential upside and downside risks. A significant portion of our resources focus specifically on these areas; our goal is to present relevant, useful, and actionable information directly to you.

- all the risks?

As everyone has heard countless times: No investment is without risk. With that said, our main goal is to create opportunities for you, customized to your unique investment situation. Balancing risk is extremely important to us, as we consider Real Estate to be among the most reliable (but high-return) holdings in an investors portfolio.

We consider fact-based decision making to be the most sensible way to approach our Real Estate investments.

- my lack of knowledge...will people take me seriously?

Viridian will arm you with the information you need to proceed with confidence in your Real Estate transactions. Our goal is to distill all the technical details needed for your transactions into a clear and effective presentation that will transform you into a sophisticated investor.

 

How can I analyze properties that I have seen listed?

We always start with a quick proforma analysis of the specific property. Check here for a lite version of our internal proforma analysis spreadsheet. The proforma spreadsheet allows a simple, cut-and-dried approach to determining relative profitability of a property. You will need some basic information about each property, such as purchase price, loan amount, number of units, approximate rent per unit, approximate expenses per unit. These spreadsheets also serve as a useful archive of all properties you have looked at in detail.

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