All Forum Posts by: Vera Herlihy

@Todd Powell it was so convincing, my husband and I jump on a plane to go check out the deals. Thankfully his contractor was very candid about how much work they did. Without saying it directly, he implied they were running slums. We decided that model work for some, but that's not what we were into.  

My favorite was when he talked about the nurses, teachers and transportation workers who rented the houses. 

Interesting ... 

thank goodness we went there, had the tour and walked! wow, not surprised. thanks for sharing.

thanks so much @Eduardo Arteaga. Let me know if there's anything I can help with. 

:)

Hey @Jason Alloway and @Mark Petitmermet I have not used them and will reach out if I do. I have not listened to that Podcast so I'm not sure if it's the same company. 

Best wishes, 

Hi @Eduardo Arteaga.

We just purchased our second property this January. Just remember, no matter who you're dealing with, do your due diligence. We almost bought a property through them but decided against it. We needed to get a specialized inspector because the initial inspection report said that one of the walls was an inch off. Any time something like a wall is off, it causes us to pause and really evaluate the deal. Aurora didn't think it was a big deal, but to us, it was. The seller wasn't willing to negotiate that, so sometime in the future, maybe 5 or 15 years from now it was going to cost us money to fix. If the COC would have been 9 or 10 percent, it might have still worked as a good deal, but it wasn't, so in the longer run, something minor like that would have made an OK 8% deal, into a not so OK deal. Does that make sense?

They totally got it when we walked,  and found another house for us that worked. 

These are the things you want to look for, especially when you're starting.  

That thing Robert Kiosaki says about you have to look at 100 house to find a good deal. That's no joke! If you're a pro here, use the tools to help you run the numbers. The tools really do work and have been pretty helpful. 

Best of luck,

vera 

I'm also in LA and have not found much that cash flows. @Isaias Boesi be sure you know exactly what you're getting into and most importantly what areas you're buying in. Depending on how much time you have and how much you're willing to do. I left the state to invest, because frankly there are plenty of other states that are more owner friendly with better returns. Remember you're the one taking the risk. Best wishes

@Stacy Weng thank you for sharing your experience here. I was going to set up an appointment to work with them, but I don't have time or money to waste. Thanks again, I wish you all the best with the property. I would love to hear how it works out for you. Please keep us posted. 

congrats @Alex Kamunyo nice job

Hello. 

I just saw the the offer for promembers from Home River Group Property Management. 

Have you used them, would you recommend them, and is it a good value? 

I'm an out state investor looking for a reliable service that could handle various states. 

Hi Carol,

I'm interested in running the numbers on it. Would love to chat.