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David Evans Profile
David Evans

@DavidEvans9

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Followers
5,348
Following
316
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10,326
Statuses

Commercial real estate advisor specializing in minimizing risk and maximizing upside for investors buy and selling apartment buildings in Southern California.

Greater Los Angeles Area
Joined April 2011
Don't wanna be here? Send us removal request.
@DavidEvans9
David Evans
8 months
@SinaiLawFirm Santa Monica landlord meeting is tomorrow at Lighthouse Church at 7pm. May be worth showing up to share this one.
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@DavidEvans9
David Evans
3 months
Currently a ghost town, which boggles my mind. Long Beach in general is highly underrated in my opinion. Most economical priced beach city in SoCal .
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@DavidEvans9
David Evans
2 years
@RobertMSterling I’m assuming that this is intended as satire. If not it’s a bit naive to say the least
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@DavidEvans9
David Evans
2 years
@pat_hm @SpiritofPines Apparently you haven’t been to Los Angeles or Chicago. New York may Qi the record for the most expensive food , but surely not best
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@DavidEvans9
David Evans
2 years
Contrarian opinion: knowing Farsi will get you further than Spanish in LA real estate
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@DavidEvans9
David Evans
2 years
@jonsteinberg31 The same thing can be said about the exodus from Chicago
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@DavidEvans9
David Evans
4 months
It’s hard out here for a pimp
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@DavidEvans9
David Evans
4 months
When resi brokers sell multifamily
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@DavidEvans9
David Evans
5 months
Only In CA: Out-squatted: Handyman Flash Shelton will squat with your squatters until they leave : As squatting becomes more of an issue in SoCal a man named Flash Shelton has taken on the alias of the Squatter Hunter, offering to remove squatters by any legal means necessary.
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@DavidEvans9
David Evans
6 months
I got hung up on by at least five people today (didn’t get past my name and company/what we are). Then one call came (which lasted 48 minutes) changed the trajectory of the day. Keep dialing.
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@DavidEvans9
David Evans
10 months
@business Slavery
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@DavidEvans9
David Evans
2 years
@ethonk_ @pat_hm @SpiritofPines Not sure if you’re referring to the cost of living or the cost of dining out. Chicago’s food scene competes with NY. You’re not going to the right places
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@DavidEvans9
David Evans
1 year
@dig_deeper1 That’s Los Angeles prices with Phoenix heat
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@DavidEvans9
David Evans
4 months
@Jeffdthompson Rather make 50-60k a year off a bond and sleep soundly at night
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@DavidEvans9
David Evans
5 months
When I meet a landlord in Santa Monica landlord and ask them how’s business
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@DavidEvans9
David Evans
6 months
Sunday lunch. You could wait for an hour to go some overhyped brunch spot or you could have this, courtesy of Raffi’s in Glendale. Thanks @JoelSimaie for the recommendation
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@DavidEvans9
David Evans
1 year
Thanks to @kenashley and Sarah Malcolm. I’m happy to know that my dry sense of humor and attention to the local real estate market is of interest on the platform.
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@DavidEvans9
David Evans
1 year
Raising a fund to start Dadland: where you pay for a day to be left alone with a pizza and Netflix/Hulu. Accredited investors only at this time.
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@DavidEvans9
David Evans
5 months
The whole Nar commission settlement is ridiculous. Many people commenting “I can do without engaging a realtor “maybe right but the a lot of people still need them. They’re called your parents, who can’t find their keys & your friends who make bad life decisions without guidance
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@DavidEvans9
David Evans
8 months
@JulieChangRE Repeat after me: Trolls are to be ignored and blocked
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@DavidEvans9
David Evans
1 year
This is why the push to go back to the office full time won’t work in LA
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@DavidEvans9
David Evans
11 months
@Acyn Now I get why people love him. Who doesn’t love baby talk!
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@DavidEvans9
David Evans
2 years
The sale of Rose Ave. Apartments in Los Angeles may be the greatest real estate flip in recent history. Almost 22m seller profit for a three month hold
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@DavidEvans9
David Evans
1 year
For all the LA operators and brokers on Retwit: Beverly Hills approved a 3.2 percent rent increase. Expect the same for Los Angeles. Hopefully that allows you to play catch up
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@DavidEvans9
David Evans
4 months
Not sure if you’re seeing this yet, But property insurance premiums in CA are going to become a problem for many of your clients come renewal time. Just got off the phone with an insurance agent and none of the news was good. Let me know if you need any broker recommendations.
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@DavidEvans9
David Evans
2 years
I attended #MassimoCon and I had a few breakthroughs: 1. MNPs in LA are going to sit on their hands for the foreseeable future. 2. Buyers in LA are going to sit on their hands for the foreseeable future (unless it's a screaming deal) 3. I've been playing too small.That ends now
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@DavidEvans9
David Evans
2 months
@Slakonbothsides The Kanye fall off is so tragic as well
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@DavidEvans9
David Evans
1 year
Hot take : I worked for the railroad for twelve years before going full time into real estate to ensure that I’ll have a pension when I retire. I also married a high income W-2 earner. This makes me a genius . #retwithumor
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@DavidEvans9
David Evans
1 year
Can any CPAs on explain to me why MF owners hold apartments when they’re fully depreciated? In addition to the loss of the tax benefit, there’s also the fact that inflation outpaces appreciation and (with limited exceptions) rent growth. A $ today is worth less in a year. #crazy
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@DavidEvans9
David Evans
1 year
Recently got access to @TreppWire (thanks @KidderMathews ). I understand why it’s pricey . They have the best property intel I’ve seen. I can find out who on Retwit is telling the truth (and lying) about their deals returns, who needs a life raft and who’s killing it out there RN
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@DavidEvans9
David Evans
4 months
@SrHousing_CRE Hartsfield Jackson is my least favorite airport in all of the major metro airports. Takes too long to get to your plane.
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@DavidEvans9
David Evans
4 months
The last GFC for real estate was fueled by bad debt . This one will be driven by continued high interest rates and rising insurance costs
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@DavidEvans9
David Evans
2 months
@SoCalGoulah8 Bingo . The only time I’ve ordered DoorDash (or when I’ve had it ordered for me) is when I was sick
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@DavidEvans9
David Evans
9 months
Retwit is starting to feel like the ending scene of a Scorsese mob movie . Take your pick
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@DavidEvans9
David Evans
3 months
@tylerbradfield Mesothelioma 😆😆😆
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@DavidEvans9
David Evans
8 months
Taking CCIM 101. I have to say what I’m learning there runs a bit counterintuitive to a lot of the investors in my markets holding strategies
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@DavidEvans9
David Evans
2 years
SMDH
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@DavidEvans9
David Evans
2 months
LA is proposing a lower rent cap limit increases to 3 percent. If you own/manage apartments in LA come to city council meeting located at 500 w temple on Tues. June 4th at 930am . If you can’t make it call in 877-266-8163 enter code 1336503 and select item 11 to leave comment
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@DavidEvans9
David Evans
1 year
@gas_biz Dave Ramsey is this you ?
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@DavidEvans9
David Evans
2 years
Much of Retwit: I bootstrapped my startup capital of my first investment In real life : after graduating from college in I borrowed a million dollars from a family member to start my first business. When that venture failed, I was given a job at my father/family friends company.
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@DavidEvans9
David Evans
1 year
For anyone with a work from the office mandate at their company tell your boss that you lose 2-3 hours a day where you could be working stuck in traffic especially in Los Angeles
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@DavidEvans9
David Evans
5 months
Every time investors look at broker proforma rents on OMs
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@DavidEvans9
David Evans
1 year
While everyone is worried about the collapse of SVB and Signature Bank…
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@DavidEvans9
David Evans
7 months
Before I make my calls tomorrow: God give me the confidence of a sunbelt syndicator and Katt Williams
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@DavidEvans9
David Evans
5 months
My two-year-old son has picked up the habit of saying, “ nope not today”. I have to remind myself to have the same mindset when responding to the comment section in my tweets
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@DavidEvans9
David Evans
10 months
@notcapnamerica Plenty of this going around (misinformation) unfortunately
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@DavidEvans9
David Evans
2 years
Awesome LLC Name
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@DavidEvans9
David Evans
3 months
The most active multifamily team in the past two years in the country works for a boutique firm in Chicago. 100+ transactions (all multifamily all in the city of Chicago ).
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@DavidEvans9
David Evans
10 months
I wish people would go back to talking about real estate on this platform. Especially those who have a Ron DeSantis level education on Middle Eastern history.
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@DavidEvans9
David Evans
1 year
In my happy place with @BlackMenHikeLA
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@DavidEvans9
David Evans
1 year
@NickAdamsinUSA Where is his neck
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@DavidEvans9
David Evans
3 months
Received a rent roll from an owner and for the first time said damn these rents look good…
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@DavidEvans9
David Evans
9 months
@ThinkAppraiser Taking real estate advice from a doctor or dentist on Twitter is like taking marriage advice from Steve Harvey
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@DavidEvans9
David Evans
2 years
Not sure why everyone who comes to visit to SoCal in the spring and summer when the fall winter months have the best weather.
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@DavidEvans9
David Evans
1 year
While Retwit is waiting for distressed multifamily I’ll be buying this next year
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@DavidEvans9
David Evans
3 months
@dtmorgan18 More importantly you’re missing out on an opportunity to build a relationship with the people who have the relationships you want
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@DavidEvans9
David Evans
2 years
🤦‍♂️🤦‍♂️🤦‍♂️
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@DavidEvans9
David Evans
1 year
Vacancy in LA county is up to 5.6 percent highest it’s been in two years , and two percent higher than the record low in October 2021. Not sure what this means for real estate hopefully it’s a good trend
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@DavidEvans9
David Evans
4 months
Every time I read a pitch deck for an new construction development I see concerning trends : -Unrealistic rent projections -artificially low vacancy -low operating expenses -low property taxes -unit mixes that are often not conducive for the neighborhood it’s being built in.
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@DavidEvans9
David Evans
2 years
A high of 80 degrees today in OC. Thanksgiving in Southern California. Can’t beat it .
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@DavidEvans9
David Evans
7 months
The comment “you don’t have something because you don’t want it badly enough “ clearly doesn’t apply to making your children go to sleep
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@DavidEvans9
David Evans
2 years
@MultifamilyMad This is @MRossG199 deal. They bought it significantly below replacement cost. It was a good buy
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@DavidEvans9
David Evans
6 months
Andy Reid -LA native. Coached college and pro football for 38 years before winning a Super Bowl. Coached for the Eagles for 13 years despite enduring losses. Coach for the Chiefs for six seasons before winning his first Super Bowl as head coach at 61.
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@DavidEvans9
David Evans
16 days
@EnterDaDome I thought 4:44 was his retirement album
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@DavidEvans9
David Evans
2 years
Trading Places is one of the best if not best Christmas movies ever made. Sorry for those who haven’t seen it yet
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@DavidEvans9
David Evans
1 year
The interesting thing about Twitter is there are people of this platform you’d be happy to take out for a meal and a cigar if you’d met them in real life . And then there’s the other half who you’d drive across state lines to punch in the face if you had a free weekend.
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@DavidEvans9
David Evans
1 year
My life’s most humbling experiences -Parenthood (3x) -Owning/operating an apartment building (2017-2020) -Student teaching (2014) -Yoga with a women’s group (many who were seniors) (today)
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@DavidEvans9
David Evans
2 years
Just was cold called by a Business Development rep at @Yelp . Now I understand why people hate being cold called.
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@DavidEvans9
David Evans
2 years
Anytime you think you’re having a bad day-remember this: Just spoke with a South LA landlord who lost an eight unit to foreclosure in 2021. Last year I saw a NOD on a duplex he owns. On a call with him he shared with me that now he is the victim of identity theft. #bethankful
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@DavidEvans9
David Evans
10 months
After my first visit to Mosk courthouse yesterday I’ve learned the things I don’t want to do: -Be a Landlord in LA -Property Manager -Eviction Attorney -Eviction Court Judge -Tenant attorney -Interpreter
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@DavidEvans9
David Evans
2 years
Good afternoon except to LA landlords
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@DavidEvans9
David Evans
11 months
Listening to the @TreppWire and @kylematthewsceo interview with @BobKnakal . HBO or Netflix needs to make a movie or tv show on his first twenty years in the business.
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@DavidEvans9
David Evans
2 years
Throwback to 2020. Sweat equity multifamily investing
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@DavidEvans9
David Evans
6 months
Imagine calling a property management company regarding a building they’re willing to sell (off market at a premium of course ) and them not being able to provide you with a rent roll. JFC.
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@DavidEvans9
David Evans
8 months
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@DavidEvans9
David Evans
5 months
@LongTermOwner Have yet to find a lawyer (who’s not a personal friend) as helpful. Sounds like you had a good stroke of fortune
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@DavidEvans9
David Evans
3 months
Offering pref equity on South Bay and Orange County multifamily. If you default on your loan I take your position in the property
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@DavidEvans9
David Evans
2 years
No new acquisitions or dispositions this week but I did get some morning cardio in
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@DavidEvans9
David Evans
3 years
@MultifamilyMad That sentiment is what keeps romantic fools like myself chasing mom and pop apartment owners for listings when they’d rather leave it to their kids…
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@DavidEvans9
David Evans
11 months
@SteveSaretsky Sold after three years of ownership at breakeven . I sleep much better at night now
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@DavidEvans9
David Evans
1 year
Not sure what world where this ends well for landlords in Los Angeles
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@DavidEvans9
David Evans
1 year
@dig_deeper1 Nope . Not Unless you’re in a Class A area or building
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@DavidEvans9
David Evans
1 year
Listening to @BobKnakal inspires me to strive to be the best broker I can be Listening to @AoDespair inspires me to be the best writer I can be and the importance of sticking to your guns even when it isn’t easy. Find your muse and emulate them. That’s the key to success.
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@DavidEvans9
David Evans
2 years
@Livinrentfree_ I may get blocked for this but here I go…in 2019/2020 I owned my house and apartment building. Was sleep deprived and overworked from working 50-60 hours and managing property. Today I own neither and happier. Next move is to owning a business not real estate. More profitable.
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@DavidEvans9
David Evans
1 year
Crazy times we live in
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@DavidEvans9
David Evans
2 months
@XXL Camron reminds me of the always fresh peer in high school who you see twenty years later at your high school reunion and hasn’t changed much for better or worse
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@DavidEvans9
David Evans
6 months
@EnterDaDome Kind of hard to establish how good he is over all the yelling he does on a song
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@DavidEvans9
David Evans
7 months
Seattle was nice but I am happy to back in SoCal
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@DavidEvans9
David Evans
1 year
Looking at recent Costar sales comps . If you’re principal owner using a broker who’s going to double end the deal isn’t in your best interest in todays environment.
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@DavidEvans9
David Evans
1 year
More troublesome news
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@DavidEvans9
David Evans
1 year
I think that I may be the only person in SoCal enjoying this weather right now
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@DavidEvans9
David Evans
3 months
Note: if you’re here to make dumb or negative comments about the challenges of Long Beach, this is going to be the last time I see your comments , so make it good. Saying that the city is unsafe without specific facts adds zero value to the thread.
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@DavidEvans9
David Evans
5 months
I don’t want to hear anyone on Retwit brag about having money or how much real estate they own unless they have fly to an island on their PJ to avoid extradition type money.
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@DavidEvans9
David Evans
2 months
Business development strategy: Mailing property owners MAGA caps with your business cards attached to them . Follow up call with how did you like your hat?
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@DavidEvans9
David Evans
2 years
@_JakeGlaser Just made a book of this thread.
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@DavidEvans9
David Evans
6 months
Can anyone explain to me the value of using LandVision if you have Costar or Reonomy ?
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@DavidEvans9
David Evans
3 months
@realEstateTrent Had someone who connected with me via LinkedIn in this age group get mad when I called his cell phone
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@DavidEvans9
David Evans
1 year
@JGrantGlover Best downtown in America
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