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All Forum Posts by: Cynthia Calhoun

Cynthia Calhoun has started 14 posts and replied 102 times.

Post: Property Selling, What Now?

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

Hi Allen, 

My advice would be to use OPM if/when it makes fiscal sense...and whenever possible; based on ROI v/s DTV. My philosophy is it "almost always" makes sense... Of course the ROI on your $$ must be more than your cost to borrow. That's a pretty loose formula, but it usually works for me. In other words...if it costs you too much to use OPM, then if/when possible, use your own funds. That's a better use of resources.

Post: Young and hungry

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

Welcome Xavier! This is one of the most knowledgeable and one of the friendliest online groups you will find anywhere. Take your time to learn. Ask questions, watch the podcasts, read the blogs; and learn, learn, learn. Education and the ability to apply it...is key.

Post: Young military REI noobie Living in Albuquerque

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

@Kurt Core,

Welcome, Kurt! 1st of all, "thank you for your service to our country"! Secondly, I have 2 military daughters, who both making an awesome career for themselves. My oldest daughter is also military, went from blue to green; and is now engaged to a fellow airman. They are stationed @ Clover, New Mexico.

Interesting you should mention "learning what Australia and New Zealand are about"! You are wise beyond your years, my friend. I am impressed, and you should be very proud of yourself. Congrats for being forward thinking. You will undoubtedly, be successful! At any rate, I'm interested to know what your comment means actually. The reason I ask is that I'm now taking a class on how their credit systems work. They're doing things financially, that we could be doing more intelligently in this country, if we were better educated; but the US "powers that be" don't seem to want us to do it the "smart way". (No conspiracy theory, just idle chat). At any rate, interesting...none the less.

Again, welcome to BP! You will find a wealth of education here!

Post: 5br/4Bth - Cash Flowing Rental, in Snellville, GA

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

3262 Crossing Dr, Snellville 30078

5 bedrooms, 4 baths - Built in 1980

Tenant: $1,200/mo (Tenant can stay or be delivered empty. They are on mo/mo lease)

Condition: 9

Asking: $129k

Comps: $150-160k

5/4 (3/2 upstairs and 2/2 in basement)

2 Car Garage

Lot is .76 acres

https://www.dropbox.com/sh/a6vouh404ypif8q/AABFICl...

Post: THIS WILL GO FAST...MAKE US AN OFFER!

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

YOUR NEXT INVESTMENT PROPERTY!

1082 To Lani Farm Rd, Stone Mountain 30083

3 bedrooms, 2.5 baths - Built in 1998

Tenant: N/A

Condition: 5

Asking $54k

Comps: $67-90k

https://www.dropbox.com/sh/mfoyg3a45fouflv/AAAwaoY...

3/2.5

1 Car Garage

Vacant

LB Code 1240

Alarm code 3112

Post: Reynoldstown Atlanta: foreign investor needs help

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

@Leandro Abreu...Welcome to Bigger Pockets! Wow! You just jump right in the deep end, head first, huh?! I like it! 

Seriously, I believe Azeez answered your questions adequately. He mentioned "The Beltline". I'm sure you're aware that this is the largest urban redevelopment project in the nation. I took "The Beltline Tour" a couple weeks ago, and our tour guide lives and works in that area (Ansley Park, I believe). I don't know anything about his work, but he was an awesome tour guide. It was great to see the project from a realtor's perspective. He's the only realtor I know who specializes in that particular area, and is well versed on it. His name is Derek, and his company is The Beltline Team. If you contact him, do let him know I referred you. 

I'd like to add: I working with the largest wholesaling company in the SE region. We are direct to the seller, and have tons of off-market properties and lots in that area. As I'm sure you are also aware, approx 93-95% +/- of all properties for sale aren't listed on the MLS. They are off-market. That is where you pick up the good deals. If I can be of any assistance, give me a shout. I'd be glad to help.

Post: how to locate a full service realty in Georgia & Florida?

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

Hello,

I am a wholesaler in Atlanta and Jacksonville...and I have some good contacts in both cities. Try www.trustdale.com. They have lists of qualified service providers of all types in the Atlanta area, and their services are free.

 Let me know what you need, and I'll see if I can help you out.

Post: TURN-KEY RENTAL: Section8 Tenant In Place

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

Sorry, I just copied and pasted the original flyer; and the one time I failed to proof... (I know better than that!) :-(

At any rate, it's a 4/2.

Thanks for pointing out the correction

Post: New again to biggerpockets from Atlanta, Georgia

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

@Troy Durette Welcome!

Welcome to Bigger Pockets. I'm sure we've never met, but my goodness...your name seems so familiar. At any rate, you will find this to be an informational, inspirational, educational forum of great professionals; and you've come to the right place for assistance. Any of us would be glad to help you in any way we can, but the bigger pockets podcasts and forums are invaluable. All the best to you! 

Post: TURN-KEY RENTAL: Section8 Tenant In Place

Cynthia CalhounPosted
  • Full-Time Investor
  • Woodstock, GA
  • Posts 105
  • Votes 47

Seeking Principal "Cash Buyer" (only) for purchase of:

2728 Columbia Dr
Decatur, Ga. 30034
4 beds - 2 baths
Price: $67,900 Cash only / No Owner Finance

PLEASE NOTE: Must provide $1000 EMD and Proof of Funds to gain access to property and/or move forward w/ contract.

Tenant: $990/mo (Section 8, lease ends 3/1/16)
Originally built in 1959; house had a fire in 2003 and it was completely rebuilt in 2004.

Ctrl/Click to view pictures:
https://www.dropbox.com/sh/njvdpnd8bn6yzg7/AABHYZx...

2728 Columbia Dr is a house in Decatur, GA 30034. This 1,460 square foot house sits on a 0.5 acre lot and features 2 bedrooms and 2 baths. This property was built in 1959. Nearby schools include Greenforest Mccalep Christian Academy, Columbia Middle School and Columbia Elementary School.  2728 Columbia Dr is near Dearborn Park, Roy Moss Garden and McKoy Park.

*** 1st person w/ signed contract and EMD gets this deal.***