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All Forum Posts by: Ekaterina Gelashvili

Ekaterina Gelashvili has started 6 posts and replied 33 times.

Post: Looking for mentor NY, TX, NC,AZ,NV

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

Hello BP family. 

I am looking for mentor who will guide me through the process of buying my first investment multi family property out of state. Want to invest inTX, NC, or anywhere where I get best deal and the best cash flow.

Thank you

Ekaterina 

Post: Fourplex in flood zone

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

thank you @Brent Chauvin so much. I will ask that question about the taxes. But I've always thought more the taxes  better the area. I ran the address in areavibes.com and it came out as extremely livable at 75 where NY also ranked the same. If you have any other links to check the neibourhoods more thoroughly I would appreciate it. Thank a million for you input.

Sincerely 

Ekaterina 

Post: Fourplex in flood zone

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

thank you @Mike Wood I will use BP calculator. As of if its in a lower class or not I have to do some more research and if you have any links to do that I appreciate it.

Thank you 

Ekaterina 

Post: Fourplex in flood zone

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

thank you @Robert Gandy for valuable information. I am a first time investor and every bit of info helps a lot .

Thanks again

Sincerely 

Ekaterina 

Post: Fourplex in flood zone

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

thank you @Mike Wood I've been told it may have gone up to $400 and its per year. What do you think is it worth buying? No financing, all cash. And if your answer is yes then how much would you offer ? Thanks so much.

Best regards 

Ekaterina 

Post: Positive vibes for TODAY

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

great words of inspiration! Thank you😊

Post: Fourplex in flood zone

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

Hi everyone!

Is it good idea to buy a four family house in flood zone? Flood insurance is $390, three of four units are rented. Property is in Baytown TX. Asking price $165.000 and rental income is $2575.00, taxes $4695. How much would you offer for it?

Thanks for all your input☺️

Post: Off- market properties

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

Thank you @Jeremy Pace

Post: Off- market properties

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

hello BP family! Hope all is well!

My question is where do I find off-market multi family properties to buy and hold? I am interested in out of state investing but if I find good deal in my state NY I will definitely go ahead, but I want to invest in Houston TX, NC, PA.

I am new in this field and all suggestions and advice will be appreciated.

Thanks.

Post: Ekaterina from New York

Ekaterina GelashviliPosted
  • Staten Island, NY
  • Posts 36
  • Votes 12

hi @Simon Shihand thank you.

I am not familiar with areas in Huston. I am looking in good neibourhoods of course and multi family, it doesn't have to be only in Houston. So if you have any info please let me know.

Thank you so much. I appreciate it.