Jon Towers

Building a real estate portfolio of small (8 units or less) multifamily properties (Value Add + ADU) 🏠🏡🏘🏢

[Jon Towers @TheReal_JON]

What’s the best refi loan for a stabilized triplex with $10,500 in monthly rental income today?

[Jon Towers @TheReal_JON]

LA value add deal in one photo

[Jon Towers @TheReal_JON]

Tell all sign in residential construction:

Amount of times the site is broom swept per day

[Jon Towers @TheReal_JON]

Operating a real estate company demands having highly critical conversations continuously throughout the day, every single day.

[Jon Towers @TheReal_JON]

The common area with excessive misc dust:

[Jon Towers @TheReal_JON]

First round of SCEP inspections after COVID going hard

[Jon Towers @TheReal_JON]

Stock market is forever broken now

[Jon Towers @TheReal_JON]

Pre-ES: Thank you for coming into my office, the buyer wants. $100k reduction. Please sign here.

Now: Hi, we got a request from the buyers for a price reduction, I think we should agree. I’ll send you over the docusign!

[Jon Towers @TheReal_JON]

Electronic signatures have made every “ask” in negotiations much easier to make so go ahead. ASK!

[Jon Towers @TheReal_JON]

This Luka trade feels like when you close on an amazing real estate deal and wonder if the seller took time to look at comps

[Jon Towers @TheReal_JON]

How much money did Open Door lose here:

Purchased for $1,036,000 in June 2024

Sold for $950,000 in February 2025

$150,000?

[Jon Towers @TheReal_JON]

Wish I had a mentor to explain the value of compounding to me when I was slanging these flips as fast as I possibly could to avoid a market correction lol

[Jon Towers @TheReal_JON]

@LA_Multi_Fam Why not take this unit off the rental market?

[Jon Towers @TheReal_JON]

The tree does not create an eminent threat.

If you, or the property owner, are concerned about safety, the eucalyptus trees are a many times greater of a threat than the tree at the street.

[Jon Towers @TheReal_JON]

@moseskagan How I would find such building and owner:

Find an un renovated unit for rent that’s not on Zillow, best bet is Facebook market place

[Jon Towers @TheReal_JON]

@BarryRoland19 I’d like to say that this is mostly an F you to the scep inspector

[Jon Towers @TheReal_JON]

@BayWestInvest @Jakeladeveloper Lol

[Jon Towers @TheReal_JON]

@LA_Multi_Fam 2’s have more $ now because they bought every deal while I keep adding items to my check list

[Jon Towers @TheReal_JON]

In the last 10 years, I’ve seen 2 types of RE buyers:

1. “The numbers work here”

2. “It’s a nice building”

[Jon Towers @TheReal_JON]

@investing_law Please send! Thank you!