All Forum Posts by: Decorium Johnson

Good Afternoon BP family I'm looking to possibly build or rehab a 25-100 door units and looking at possible  insite on the process of getting the ball rolling what are some of the things to look for in this process I have investors in place also Thanks

Feel free to contact me man there are a lot better deals in Atlanta area where I cash flow quite well more in the 500-800 range after all expenses paid man I paid 23k for one deal 6k in renovations rents 1275 a month and documents to back those claims. Do the math if I fin. 30k monthly payment? Taxes 650 yr insurance 65 a month you see where I'm going. Look outside your area. So personally I would prefer investing instead of paying car off at 2% the money is cheap to borrow 

Hello I have just placed a bid on a HUD property and was wanting feed back from my fellow Biggerpockets of my chances of me winning a bid I went over 1500.00 on the price of the listing. It's been listed 12 days and bidding ended on March 2? Any insite on this subject would be greatly appreciated Thanks in advance. Oh home only had 3 people to sign In on visitation log.

Good Morning everyone Thank you for the motivation and good advice I am so excited about a new market as I have grown old of Atlanta area. I'm a hardworker thanks to greatparents and  mentors and of course the U.S. military. I have been researching the areas of Los Angeles and really not intimidate by the areas. So if anyone know of any great real estate agents or even a great mentor I am all ears thanks in advance

looking to invest in Los Angeles flips but prefer buy and hold I will be visiting in March to start my search and moving buy Dec of this year any good advice and tips are welcomed 

Good afternoon I'm looking to complete a deal on two properties that sit next to each other on the same street. The Deed has the same onwership on both. My question is can I finance this deal as One deal or would it need to be 2 separate transaction? Would there be a way around this it is forsale by owner.

hello bigger pockets members i have a question on how to handle a property of mines i purchased the property for 23k in atlanta camp creek/Ben Hill area this is my 4th property acquired so far and loving the fin. freedom. I do this in my free time to set up for better future ok guy's lol retirement time is flying by so here are the numbers nice brick ranch/rambler built in 1959 renovation cost to the penny 11,237.00 dollars today this property is free and clear also taxes are 996 as of 2013. nice area near airport i currently rent for 1250 a month insurance is 601 annually and since renovation in late 2013 no repairs as of yet thank GOD everything is pretty much new throughout utilities are renters responsibility and i manage the property right now i believe in doing it right the first time and quality makes a diff. I'm in the process of doing a full gut job on a property i purchase last year with est repairs about 30,000 grand should i refi or sell since similar homes and comps are now between 100k-120k its only 2 homes in this neighborhood for sale right now ? thanks always on the hunt for my next Deal

OK thanks just wanted to know if I was making the right decsions I felt comfortable doing it on my own at least I would not owe anyone when I'm done also maybe I should do both out of pocket then I can pull out more for more properties plans was to locate a nice old warehouse and do some lofts in near future and possible do new construction on 1 of my properties to yield more income and I already own the land so need to purchase that right now

730 amount and a income of 5k a month after taxes what would be a good move in this situation thanks in advance BP.

Hello BP I have a question I have 2 homes I purchased back in 2012 in Atlanta at the
Bottom of the bubble 1 at 21k 1 arce and other 12k on 3 arces cash 4 sside brick solid home on 1 arce both in the Ben hill area sw Atlanta my question is both free and clear I also have my personal home which is in a 3 mile radius of each other which is fin. Low payment because of been a disable vet. I was wondering should I finish rehab out of pocket which I sat down with my contractor all work and labor to
update would be about 8k should I finish home then get a loan to finish other at 20k which is the 3 acre home on lake which I would down size and live in it and rent my current home and the 1 are home my personal home with Mort. Is 730.00 a month with taxes and all rent for that location is between 1350-1500 which my niegbors are paying now (1500) near same floor plan 3 are home is about 1000-1250 rental comps and 1 are is around 1100-1300 for it in that neighborhood I'm fin. Stable and could finish 1 acre property out of pocket . should I finish it pull money out on it and finish 3 arce home or just slowly do it out my pocket once my renter move in the only big expense is the 7