All Forum Posts by: Eric Gerakos

I personally would never buy a property “sight unseen” but that’s just me.

I only buy in California. If you know where,what and how to buy you can still get great returns.

Collections.....

I would like to invest in an unconscious community. Keep the tenants in a state of suspended animation. No late night phone calls. Rent always paid on time......

Nice to see a more balanced look at the BRRRR strategy. I have always thought the risks of this and some other similar strategies are often greatly underestimated.

Jalon,you don't need a LLC, coach, CPA or personal trainer to get started, lol. The important thing when starting out is to have a very clear goal. Not, "I want to buy real estate." Your goal will determine how you proceed. You've got this.

Michael, one thing to keep in mind is that while very inexpensive houses can look like cash flow kings on paper, the reality is that they are inexpensive for a reason. High vacancy and damage from renters can quickly turn those sorts of properties into money losing nightmares. My experience has been that it’s usually better to pay a bit more for a B neighborhood and the cash flow usually ends up being better with far less headaches.