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.