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All Forum Posts by: Bob B.

Bob B. has started 10 posts and replied 1536 times.

Post: Georgia REIA Boot Camp, Is it worth the money?

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

Check out John Adams money99.com.

John has been an Atlanta landlord and investor forever.  He has several seminars and doesn't charge an arm and a leg.

Good Luck

Post: 20k - Pay off Car or Buy First Buy and Hold SFR?

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

Buy a house that will make $350-400 a month and it will make your payment.  Then NEVER buy a car unless you pay cash.

You're doing a god job.

Post: possible lead paint buy or not

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

Get a lead based paint test kit and test a couple of places.  Sherwin-Williams sells them here. 

If it has lead paint then use it as a negotiation tool.  

http://portal.hud.gov/hudportal/HUD?src=/program_offices/healthy_homes/healthyhomes/lead

Great Job.

It's hard work but $400 here and another $350 here adds up.

You're providing clean and affordable housing and probably having a good time doing it.

I hope you can find more houses.

Keep it up.

Post: HELP ! My inherited tenant is an DEADBEAT!

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

Do you have an escalation clause?

Post: Need Suggestion- Which is better choice

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

If you are happy with $550 a month in cash flow on $500K+ equity then keep it.

I think you could do a lot better and I would not want to miss out on not having to paying taxes on the sale.  Something you will have a problem with if you wait too long.

Post: So you want to do rehabs? Im hoping this is my next project

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

I like it.

Looks like fun.

Hope you get it.

Post: Public Foreclosure Records

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

Check out March 12th 2015 Fulton County Daily Report for a listing of the 329 foreclosures  to be auctioned the first Tuesday of April.

Post: Than Merril, or Bill Vaugn Are they worth it?

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

Check the other posts regarding this question.

Don't waste your time.

Post: financing for used mobile home

Bob B.Posted
  • Investor
  • Jasper GA
  • Posts 1,581
  • Votes 1,494

Curt,

Have you ever seller financed the MH after splitting the land off and rented it to the buyer?