All Forum Posts by: Aristotle Kumpis
Aristotle Kumpis has started 104 posts and replied 729 times.
Post: If you have a 700+ credit score,We can pay you to build your rental portfolio
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
Quote from @Camren Berry:
They get the property, the cash flow, and 100% ownership. We just get the money back when the property appreciates after the 5-year timespan. If it doesn't appreciate enough for the property to be refinanced or sold in that time, we give yearly extensions up to a total of 10 years. This guarantees there will be enough equity in the property for the return. One of the best advantages of this is it's possible to get several properties since having the money down isn't required.
A long-term play with our strategy is to build up the portfolio, and then sell it down the line to invest in other properties, or even large multifamily. We set ourselves as the stepping stool to help investors to get in.
Post: If you have a 700+ credit score,We can pay you to build your rental portfolio
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
Quote from @Camren Berry:
Yes, that is correct. The money we put down for them to close, we ask back at 0% interest in 5 years
Post: If you have a 700+ credit score,We can pay you to build your rental portfolio
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
I assume that when the investor sells the property in the future, that they need to pay some of that equity back.
Post: Oklahoma City Duplex
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
Quote from @Alyxus Nerio:
what's the address
Hi Alyxus. I don't have the exact address. I am direct to the builder and I can put you in touch if you want. We have several other duplex's in different areas. They may be listed on the market, but mostly likely they are not.
Post: Oklahoma City Duplex
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
Brand new duplex 40 minutes outside of Oklahoma City. Message me if you have any interest. Thanks.
Priced at $320,000
2bd/2ba each unit
Gross rents are projected at $2,440/month
1-car garage each unit
No HOA
Post: Looking for cash buyers
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
What price are you asking? I have cash buyers that are always interested in LA property.
Post: Real Estate Investor
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
Are you trying to buy in your market? Or are you looking out of state as well?
Post: 7-unit rental complex
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
You can't raise rents overnight. She needs to wait until each lease is up for renewal and raise them at that time.
Post: 2-4 Family With Cash Flow
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
Hey Matt. I work with some builders and they have 2-4 units with rates in the 4-5% range. Those make sense and cash flow well. So there are deals out there if you know where to look and are open to other markets.
Post: Memphis Multi Family
- Specialist
- Long Beach, CA
- Posts 777
- Votes 359
Quote from @Jordan Ray:
Quote from @Aristotle Kumpis:
Quote from @Jordan Ray:
Quote from @Aristotle Kumpis:
I have 26-total units for sale in Memphis. Is there anyone looking for multi family apartments in the Memphis market?
Whats the address? do you have it listed?
It's off market. I am not the listing agent. Its someone that I know who is selling it.
I am interested!