All Forum Posts by: Gerardo Escutia

Getting extremely hard to find any good rental properties in Statesboro GA. Any one else seeing the same thing? 

@Steven Robillard

Wow In Georgia run runs about 4K-6k

@Leopoldo Vazquez

That’s assuming you have no repairs, vacancies, capx expenses....

Thanks guys. I was able to get it to 1% earnest money and 45 day closing period. They are willing to extend to over 45 days if need it. 

Seller is asking 2% earnest money on a $300k multiple family off market deal. Wants it to be non refundable after inspection period. I am not sure about this. Is this common in multi family deals?

@Russell Brazil

Can you share the detail numbers on the unit that’s making you $1,800 per month?

What do you think about buying a MF 10 units on a block building, 5 units 2/1 and 1/1. I own a

a few single family homes (mostly 3/2) and this would be my first time with a deal this big. I am not so sure because some of the units are rented to section-8 tenants and the rents are currently below market. Not so sure about the 1/1.

@Jaspreet Baveja

That's my ultimate goal to become a private lender. I currently hold 8 properties but eventually want to become more passive in REI. How did you get started and how much money would I need to have on hand to get started?

 Hi Dustin do you mind sharing the spreadsheet, please?