Abbasi Robert
“Today I’m focused back to the basics,” Real estate professional and RTI Properties President Rober Abbasi says, a statement by a man with vast knowledge and enough profitable experience as a real estate expert to isolate the basics from the rest. It takes such knowledge in order to wheel a property management firm through harsh market climates like Mr. Abbasi and RTI Properties have managed to do over the years.
RTI Property Management and affiliates have successfully maneuvered investments through stock market crashes and other obstacles, rendering results that have long provided investors with high returns while cutting rates of capital loss. Robert Abbasi has long prided himself in heading a company that has brought in billions of dollars in capital gains across wide ranges of United States, including properties in California, Colorado, Texas and Florida.
In addition to residing over RTI Properties, Robert Abbasi continues to build a reputable name for himself as a confidant and advisor to industry figures such as investors, brokers, property managers, attorneys, and bank executives. In a recent speech, he breaks down what he considers to be the four economic factors one should know about any rental property, especially in the Los Angeles regions:
“1. Appreciation, we all know that very well. It is the primarily reason people are buying
2. Cash flow; when you are buying rental property, it is income property, after all. We should focus on income at the end of the day. Today we are in a really good situation – the rates are still low and the cap rates are still decent on smaller properties. You can actually get a positive cash flow from small properties.
3. Remember, your tenants will pay your mortgage over the years. “
Currently, Mr. Abbasi (and partner) are one of the larger acquirers of foreclosure properties in Los Angeles County. With unit spaces in the area looking attractive as ever, Mr. Abbasi is showing no signs of slowing down and continues building a legacy for himself as a decorated property professional.
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