Guest Author:


Very moving post indeed. Our Real Estate company owes a lot to Steve and Apple. Much of our back office consists of Apple products and Apple and Steve have been a source of inspiration to me for my entire life.  I found out today, by chance,  after reading Mona’s Op Ed piece in the NYT that Sir Tim wrote the code of the World Wide Web on a Next machine at Cern.  I suspect we’re all going to find some wonderful surprises such as this one: i.e. Steve’s game changing contributions, in the months to come.


Armand Der-Hacobian

Founder and CEO






We’re big Apple fans at LEAP.

This is a very moving piece by Mona Simpson, Steve’s sister:




As we mentioned here two months ago, the strenght of the Euro and other currencies against the dollar makes US Real Estate highly desirable.

We have established a working relationship with a San Francisco bank that will lend money to Foreign investors irrespective of their ability to show salary, pay stubs etc. The only requirement is that the investors puts at least 40% down and finances the remainder through the bank. Contact us for details.


Foreign investors purchasing US RE





10 things to know about buying or selling a home:





In the latest attempt to address the ailing housing market the government announced changes to a federal program that will make it easier for struggling homeowners to refinance to today’s near-record low rates.





San Francisco and San Mateo investors who agreed not to bid against each other at foreclosure auctions get prosecuted under the Sherman Act and receive stiff Federal sentences. Full Story in the link below:







Guest Author:


The Tenderloin has inspired me ever since I came to San Francisco in 1983.  I found myself spending a lot of time going up and down the streets from Union Square ever since.

I often take long walks in the Tenderloin, I watch, listen and always come back home recharged and inspired.  There is much misery around: poverty, the devastation of alcohol and drugs. I always tell friends to take walks here if they feel down because I guarantee you that whatever you feel will immediately go away and you will count your blessings.

There is also much hope: generations of immigrants move here and strive to build a  better life for themselves. I see parents holding their kids hands and walking them in this war zone. These children are the next generation of San Franciscans. If you ask around you’ll find out that many of your doctors, mechanics, lawyers, CPA etc. grew up here.

The best restaurants, Art galleries, bars are and have always been in the Tenderloin. It is home to many talented artists who will invariably move to NY as soon as they can. It is also home to my Alma mater UC Hastings which produces generations of leaders who strive to improve others lives.

I love the buildings around here. They remind me of what you see in NY and Paris and I can’t wait to purchase one for our office. Many are stunning and extremely well built.

We are committed to help revitalize this very special area of San Francisco and we’ll work, Pro Bono, with San Franciscans of good will, Politicians, Civic Leaders and individuals to do our part.


Armand Der-Hacobian

Founder and CEO

LEAP San Francisco Bay Area Real Estate Services




Residential real estate investments: Properties such as houses and apartment buildings. Residents pay you to live in the property and their length of stay is based upon a rental or lease agreement. This is generally considered the safest investment because people need somewhere to live.

Office investments: All workplace investments.

Industrial real estate investments: Storage units, car washes or any other special purpose real estate that generates sales from customers. This type of real estate often has significant “fee” and “service” revenue streams (eg. Adding coin operated vacuum cleaners at a car wash). Also warehouse and distribution.

Retail real estate investments: These include shopping malls or any other retail storefronts. In some cases, the landlord receives a percentage of sales from each tenant store plus a base rent.

Mixed-use real estate investments: These investments combine any of the above. This type of an investment is especially popular for those with significant assets because of the built-in diversification, which is important in controlling risk.

NNN Investments or Triple Net Investments:  These are now very popular. These include Walgreens, Walmart, Dollar General Stores where the tenant pays the lease rent plus taxes, insurance, and expenses. This describes a very simple form of investment.

Real Estate Investment Trusts or REITs: These investment trusts trade similar to stocks. You can own a portfolio of underlying real estate or real estate mortgages.

How our investors make money:

Real Estate Appreciation: Simply put, this is when the property you own becomes more valuable due to some change in the real estate market.

Cash Flow Income: In this case, this investment involves buying real estate property and operating it so you collect a stream of cash from rent.

Ancillary Real Estate Investment Income: This includes things like vending machines in office buildings or laundry facilities in apartment. These are basically like mini-businesses within your real estate investment which allow you to earn extra income.



This should help you evaluate a potential investment in income property. All income property sales in SF since January are compiled along with addresses, number of units, sale price, Cap Rates and Gross Rent Multipliers. That’s how we roll!




Warren Buffett, “I could end the deficit in 5 minutes,” he told CNBC. “You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all
sitting members of Congress are ineligible for re-election. The 26th amendment (granting the right to vote for 18 year-olds) took only 3 months & 8 days to be ratified! Why? Simple! The people demanded it. That was in 1971…before computers, e-mail, cell phones, etc. Of the 27 amendments to the Constitution, seven (7) took 1 year or less to become the law of theand…all because of public pressure.

Warren Buffet is asking each addressee to forward this email to a minimum of twenty people on their address list; in turn ask each of those to do
likewise. In three days, most people in The United States of America will have the message. This is one idea that really should be passed around.

*Congressional Reform Act of 2011*

1. No Tenure / No Pension. A Congressman collects a salary while in office
and receives no pay when they are out of office.

2. Congress (past, present & future) participates in Social Security. All
funds in the Congressional retirement fund move to the Social Security
system immediately. All future funds flow into the Social Security system,
and Congress participates with the American people. It may not be used for
any other purpose.

3. Congress can purchase their own retirement plan, just as all Americans

4. Congress will no longer vote themselves a pay raise. Congressional pay
will rise by the lower of CPI or 3%.

5. Congress loses their current health care system and participates in the
same health care system as the American people.

6. Congress must equally abide by all laws they impose on the American

7. All contracts with past and present Congressmen are void effective 1/1/12.
The American people did not make this contract with Congressmen. Congressmen
made all these contracts for themselves. Serving in Congress is an honor,
not a career. The Founding Fathers envisioned citizen legislators, so ours
should serve their term’s), then go home and back to work.

If each person contacts a minimum of twenty people then it will only take
three days for most people (in the U.S.) to receive the message. Maybe it is

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