All Forum Posts by: Luis Acevedo

Maybe you can go to your local police station and invite the police officers on the night shift to join you for coffee & cake (Thursday, Friday & Saturday). If enough police cars show up to your place it will disrupt business next door and they will move to another location.

@Account Closed thanks for your input. I don't think that owner financing is the answer. Properties are selling fast because you can rent them out short term (summer rentals or weekly rentals). I can't do that because the HOA does not allow that and it turns buyers off.

Hi Guys/Gals: I hope you can help me:

I have a townhouse located on Tybee Island, GA but I'm having a hard time selling it. The townhouse (2 beds/1.5 bath) has an HOA ($300 a month) that does not allow short term/vacation rentals, only long term (1 year) leases are allowed. Now every time someone sees the place, they love it but when they do their due diligent (no short term rentals) they move on to another place. The real estate agent says its priced right but no offers so I have been dropping the price. Its now selling for $225,300. Any advice???

P.S. I did have a tenants for two plus years but moved them out so I could sell the place.  

@Alina Trigub

  I just wanted to know if there was anything negative about the company.

Has anybody ever invested in this company: Adams Investor Group? They invest in multi family properties.

@Jason Bott When you get a chance, I would like the insurance program for flipping. thank you in advance.

@Wendell De Guzman  great post !!!  When you get a chance, please send me the names of the banks that handles BLOC & PLOC.

@Darren Sager : I will attend today, if its not too late.

Hi everybody, I hope you guys can help me.

I'm a new REI and I'm assembling my team, but I was wondering if you live in NY and want to invest in another state do you have to get a local CPA in GA or NY? Also, if the answer is in Georgia, can you recommend me a good CPA?
Thank you in advance.

@Kyle J. Thanks for your help but I'm interested in the State of Georgia not NY, I'm sorry I forgot to put that in my question. You see I'm worried about accepting tenants with income that you can't garnish (Social Security Disability, Child Support or veteran's benefits) which makes it risky for a landlord to recuperate losses if the tenant doesn't pay.

@J Scott Thank you for your help. I was referring to the state of Georgia (sorry I didn't add that to my question). So you're saying that its illegal to discriminate based on source of income (federal) but local laws supersede federal laws. I would think it would be the other way around. I'm just worried that I couldn't recouped any losses if the tenant source of income was SSI, Child Support or Veteran's Benefits.

@Jon Holdman Thank you for your help. I was referring to the State of Georgia (Sorry I didn't add that to the question). I'm concerned with recouping any losses if the tenant source of income was un-garnishable (if that's a word) like SSI, Veteran's benefits or Child Support. So you're saying to get around that law I just have to set an income minimum (3x the rent).