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All Forum Posts by: Aristotle Kumpis

Aristotle Kumpis has started 98 posts and replied 635 times.

Post: South Bend Duplex - 1% RTV - 10% COC Return!

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314
Quote from @Caroline J Kontor:

Please forward more info on expenses and additional pics. Thanks.

Hi Caroline. Please message me your email and I can send you the information. Thanks

Post: Phoenix Brand New Home For Sale - $469,000 w/ 3% concession!

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

We still have a few of these brand new construction homes in a gated community just outside of Sky Harbor airport. The builder is offering $14,000 towards closing costs. You can use it to buy the interest rate down or whatever you want. They do cash flow positive and rent is $2,900/month. Message me for more details.

-$469,000 Purchase Price

-Projected rent is $2,900/month

-5 bedroom/3 bath

-2,110 Sq ft

-220V Electric Vehicle Charging in garage

-Gated backyard

-Builder credit of 3% ($14,000)

-Located minutes away from Sky Harbor airport

-Least inexpensive brand new homes in the metro area

Post: Which one is better for cash flow and appreciation - AZ or NC?

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

That's hard to say. No one has a crystal ball. Both states have good landlord laws and those cities have good growth. I don't think you can go wrong in either. Don't get too held up on which one is better. 

Post: Good Property Managers in Little Rock Arkansas

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

Hi Rigo. I have someone that you can talk with. I think they manage under 800 units. Message me if you want their information.

Post: Earn 10% Fixed Annual Return - Private Lending Program

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

Hi Yona. This model is not selling 1st TD's. They are simply lending out money to investors who need short term loans for fix and flips. Thanks.

Post: Earn 10% Fixed Annual Return - Private Lending Program

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

I work with a colleague that has a private lending program that offers investors a way to earn passive income. The capital is used to lend money to people flipping homes. They have many years of experience and have a good track record. Message me for more details.

-10% Fixed Annual Return

-Minimum investment is $50,000

-Receive monthly payments

-Term is 12 or 24 months

-Can use your IRA, or 401k

-Hands off, 100% passive

Post: Is the market going wild???

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

I'm in the L.A. area and I'd say it's mixed. Some properties are selling in 1-2 weeks, and some are taking months to sell. I think some people are buying now because they fear prices will continue to rise over the next 12-months. I think they are correct.

Post: San Antonio Duplex - Brand New in B+ Area - $624,900 w/3.75% Financing

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

The builder just started development on some brand new construction duplex's in Northwest San Antonio. B+ area. Tremendous job and population growth. Median household income is over $80,000/year. Message me for more details

-$624,900 Purchase Price

-$4,200 projected gross income

-3 bedroom/2.5 bathroom each side

-Two car garage for each unit

-3.75% financing

-Two years of free property management

Post: Memphis Rental & Realtor

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

Hi Victoria. I have two great companies and agents in Memphis. I am happy to introduce you to them. I also have 3 rentals in Memphis myself, and worked with one of the companies. 

Post: 2 Homes on one lot - St. Petersburg Florida - Booming Area

Aristotle Kumpis
Posted
  • Real Estate Coach
  • Lake Forest, CA
  • Posts 681
  • Votes 314

Here's a great opportunity to own two homes on one lot in booming downtown St. Petersburg! Serious inquires only.

-$550,000 for both properties

-First house is fully remodeled. 1,286 Sq ft. Currently rented for $2,300 per month

-Second is brand new construction and is an ADU. 721Sq ft. Estimated rent is $2,100 per month

-Not located in a flood zone

-Get both cash flow and growth with these properties