All Forum Posts by: Eric Cross

Thanks Tim, I live in the North Gwinnett area, this will be welcomed meet up to have here. 

We SOLD the Lake Hartwell property- Thanks for looking.

Eric

Sierra - NO - It is outside their jurisdictions and the taxes are low. 

Sierra - I'm checking on it now.  That was not disclosed but maybe because it's not an issue since the property is not on the water.  I will get back as soon as I hear.  Call me at 702.371.3742 or text me with other questions.

For Sale - $29,900 - Quick Sale. Cash closing only. Looking for an inexpensive rental next to Lake Hartwell this is it. 2/1 Small house - Not much cost to renovate Pressure wash and bring to rental grade maybe $10k- Bring income in monthly. Roof is 10 Years old, A/C is a Train System 2007, Hot Water 6 Years, Vinyl Siding 2007, Septic Pumped 3 Years ago, Porch redone 2007. On a Well and all Well equipment electrical and system completed updated by experienced plumber.  Text / Email me with any questions. 

Let me know if you have an Off Market property that one of our Fund buyers could purchase.

Typical deal should be:  at least 3/1, Minimum 1200 + Square feet. minimal upgrades but we don't mind having to change HVAC, Roof, of course regular cosmetic.  Single, Double no garage OK.

Looking for suburb areas of Atlanta - Inside Atlanta to hard to gauge.

East of Atlanta, North, 85 all the way to Jefferson- HWY 78 out past Loganville,   down South towards Stockbridge.

Can close in as few as 10 days-

Thanks, Eric

Damir, I appreciate you here, thanks!

Eric

Need help here before the discussion goes much further with a deal proposal.

I have a business partner that has a significant amount of $$$$,  We just finished a rehab deal, by the way you can see some of my flips(wholesale and Rehabbed homes here -- 

He wants me to be successful and knows flipping won't be this hot forever, it will slow down sometime.

Eric -- Why don't we start buying some properties to Rehab and Rent out and bring income in that way?

"Man - don't tease me I said" --  Single Family homes or small triplexes or smaller apartment complexes ( 10-30 units).

Question for the forum - What I bring to the table -- I find the properties, network with agents, wholesalers, negotiate the deal, budgeting, use all my contractors, rehab the property, supply the management company ( wife's boss manages 500 doors now) in essence------ Get the DEAL DONE.

He's the money guy - that's it, he's young (50) self made and he said he's looking for something to do, bring in a couple dollars.

SOOOO my question is this -- If you are in my shoes ---What is the ask for a rental pool that if we move on this is equitable....I build up all the sweat equity and he's the money guy.

1-----Every month what is the split on the income --- 80/20..70/30..60/40

2----After a period of 3-5-7 years when we sell the property -- what is the split on the appreciation?? 80/20...70/30

Thanks in advance - I'll look for other forums or if someone could reference a blog about this.

Nope , they knew they were in the wrong.   Who are they going to plead their case too. 

A friend of mine in Las Vegas had this happen to him. Guess what he did! He knocked on the front door they opened it up and he threw two full boxes of crickets into their house. 1,000 crickets 😂😂😂😂😂 They were out the next day.