All Forum Posts by: Ericka G.

Offering a furnished Atlanta 4/2 home for rental aribtrage. Prime ITP location. Walking distance to Tyler Perry studios and one block from MARTA station.

Previous arbitrage tenant ran an Airbnb with great success.  Would love to keep it furnished and running with the right host, otherwise it will go back to being a traditional rental.

Reach out if you are interested in learning more.

Hi all,

I’m selling  a solid triplex in ATL, it’s a good money maker and occupied by solid tenants. Excellent curb appeal.  All are on month to month leases offering the new owner flexibility.

I’m an investor and open to offering seller financing.  This is a great opportunity for someone wanting to house hack or just cash flow a triplex (2/2.5,2/2.5,1/1). Ask $425k. Gross rents: $43,800 annually - a bit below market due to longer term tenants.

Reach out if you are interested in learning more.  Just listed today - would love to work with another investor. 

Hi there,

I have a unit in Atlanta coming available that I previously arbitraged to another STR operator. It is fully furnished and ready to go if you'd like to take a look. 4/2 house right by Tyler Perry studios and one block from MARTA station.

Let me know if you have any interest 

Contractor updated our master bathroom and during the electrical work, power was lost in another room of the house.  They came back to restore power to the other room and now the outlet in the bathroom doesn’t work, lol.  They want us to pay $700 for the electrician but it seems unfair that we have to pay to fix something that they “broke” and still isn’t working properly (outlet in bathroom not working).  We have used this contractor for several projects and they do good work and might need them for another. Would you A. pay the $700 on the condition they also get the bathroom outlet working B. Fight to pay nothing?

Recently bought a property in st croix and would love to connect with other investors in the area.  Anyone else on here investing in st croix or the USVI?

I agree with @Joe Villeneuve and others here that METRO Detroit is an amazing place to invest (i.e. the suburbs) but I do NOT recommend the city of Detroit to newbie out of state investors.  Start with the burbs and you will be good.  you can still find deals in B and C communities that pass the 1% rule.

I had several properties in Westland and Romulus and had great luck managing them remotely.  I sold last year for double and triple what I paid for each property but had great experiences for the 5-7 years I was invested in those communities.  I had the same cleaning crew and handyman service all units for the entire 7 years and found the people/neighbors to be excellent.  
In contrast, I also own and manage properties in ATL (where I live most of the year and also love) but am lucky if I can keep a cleaner or handyman for a year…the people I met in MI are next level loyal/reliable.  

Focus on burbs that have modest but well built homes, decent schools, low crime, and easy to work with local govs within ~20 mins of the city.  3/1 and 3/2 are the sweet spot in terms of size.  Should be able to buy for $120k or less (basically move in ready) and get $1200-1500+/mos depending on area.