LeRu Investments LLC

Investing in an Apartment Complex: Proforma vs. Results
Omar and Jeffrey are going to be speaking tonight at the Private Lending Master's Group to discuss a full-cycle apartment deal they just sold in March 2023.
For tonight's event 6PM-8PM Pacific, here is the link to RSVP:

Investing in an Apartment Complex Renovation: Proforma vs. Results, Thu, Apr 27, 2023, 6:00 PM | Meetup New attendees will be able to go over the basics of Private Lending and IRAs via video prior to your first meeting of Private Lending Masters. The link for this webinar is:

Investing in an Apartment Complex: Proforma vs. Results
Omar and Jeffrey will be speaking tonight at Janice Bell's Private Lending Masters Meetup Group to discuss a full-cycle apartment deal and analyze the numbers as originally projected vs. actual performance. Be sure to sign-up and RSVP.

Stock Market Drops. NO EFFECT ON RENTS • RENTAL PROPERTIES CONTINUE TO CASHFLOW!

The last couple weeks, Commercial Brokers have been reaching out to me to help salvage apartment deals that fall out of escrow.

I talked to my commercial loan guy to review deals. The DCR requirement for agency lenders make prices prohibitive. He believes valuations are going to be tested.

Practically every deal I'm reviewing is with a Bridge loan (even on well performing properties - 90%+ occupancy).

I'm was wondering if the Bridge lenders are now doing the equivalent of what subprime lenders did in 2004-2007:
• Extend the market rally for extra 2-3 years after majority of prime borrowers were exhausted.
• Made it difficult for borrowers to refinance after loan terms expired and valuations adjust.

Maybe inflation will bailout borrowers and sellers by continuing to increase prices.

Who knows?

Tread carefully.

Brokers are reaching out to help salvage deals affected by the imbalance in the market due to interest rate fluctuations.

Many Tenants use Zelle to pay rent.

19% Home Price Index. New Inventory Lows.

Home-Price Growth Accelerated in January The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 19.2% as the supply of homes for sale fell to a new low.

Fed Raises Interest Rates. 1st Time Since 2018 to Affect US Inflation.

Lawsuits filed by Apartment Association of Greater Los Angeles and Apartment Owners Association against LA Eviction Moratorium

CoreLogic Home Price Insights - Projections to 2023

Dysfunctional Policies have Broken the Housing Supply

Dysfunctional policies have broken America’s housing supply chain The U.S. has failed to build enough homes to meet the demand created by population and job growth since the Great Recession. The policies that regulate land use and housing production make it extremely difficult to add more homes in desirable locations.

Great explanation on Accredited and Non Accredited Investor

Accredited v Non-Accredited Investors - What Do We Need to Know? A money business insider, Joel Block is a long-time venture capitalist and hedge fund manager (gobbledygook for professional investor) who lives in a Shark Tank…

The future of rentals

On the road again
Looking for deals that I might never see again ~

Check out Omar's Podcast Interview with Allen Lomax of Real Estate Investing Abundance.

https://youtu.be/3kmzK9JnFnc

REIA 103 Omar Ruiz: Discover The Secrets Of Using The Due-Diligence Process To Discover Hidden Value REIA 103 Omar Ruiz: Discover The Secrets Of Using The Due-Diligence Process To Discover Hidden Value Podcast interview at Real Estate Investing Abundance of ...

In 2021 Majority of Landlords Received Full Rents

Wishing you all of the Hope, Wonder, and Joy that the Season can bring!
Greetings from LeRu Investments LLC!

Apartment Investments Look Good in 2022

Because knowledge is gained more than it is lost, it advances more in spurts and sputters than in cycles that have downs as well as ups. The spurts come when societies are in the upward swings of the Big Cycle and the sputters come when they are in the downward swings. The Renaissance periods of great creativity that produce advances in just about all areas—the sciences, the arts, philosophies about how people should be with each other and govern, etc.—come more during the peaceful and prosperous parts of the Big Cycle, when the systems for creating innovations are good rather than bad.

While specific inventions and the ways they come about have evolved through time, they have unwaveringly evolved toward doing and making things better, replacing manual labor with machines and automation, and making people around the world more interconnected. There are always new inventions and improvements. The most important and undeniable trend of technological advancement has been toward higher living standards. That trend is likely to accelerate in unimaginable ways. Beyond that, computerization is changing the character of decision making, making it faster and less emotional. As helpful as that is, it also poses certain dangers.

For the complete picture of how things work and where we are, my new book, Principles for Dealing with the Changing World Order, is now available https://www.amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276/?maas=maas_adg_669FDF1FE1DD489180A9AF6A1808E63F_afap_abs&ref_=aa_maas

Learn about Mastering Apartment Due-Diligence for Investing
Listen to my interview on the Passive Wealth Strategy Show

https://www.passivewealthstrategy.com/mastering-apartment-complex-due-diligence-with-omar-ruiz/

Wall Street Journal reports Zillow is getting out of the house flipping business.

Check out Omar's podcast interview: Profit From the Inside with Joel Block, Expansion: The Inside Track on Where Growth Will Be!

PODCAST: Expansion The Inside Track on Where Growth Will Be Expansion: The Inside Track on Where Growth Will BeProfit From the Inside with Joel BlockOmar Ruiz podcast guesting with Joel Block.

Acquired another 8 units close by to our other larger apartment complex.

Commercial-Property Sales Volume Returns to Prepandemic Levels The recovery has been fueled by historically low interest rates and the belief of many investors that the worst of Covid-19 is over.

Apartment Rents on the Rise

Going Live for Joel Block s podcast - PROFIT FROM THE INSIDE. I'll be talking about how to find markets with population growth and job growth that have helped me in real estate investing

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