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All Forum Posts by: Rolanda Eldridge

Rolanda Eldridge has started 47 posts and replied 1267 times.

Post: Should I by a shop adjacent to my SFR?

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@Morgan Reinart...Wow, sounds like a Great Deal just dropped in your lap...Shop with a loft, insulated, electricity...What can you rent the shop for?  What's the zoning for the shop?  Sounds like a Deal in the making!  Keep an Open Mind..

Post: How to get a accepted FHA offer on a MFR in ATL?

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@Ashley Sanchez...Patience is critical in RE.  The right deal will come along.  Also, consider right now, it's somewhat of a sellers market.  Lots of buyers out..AL and GA is prime picks for out of state investors..

Post: How to properly structure my new business

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@Damian LoBasso....Seek Legal Advise from an Attorney/CPA who specializes in RE...Make sure everything is outlined clearly...CYA...

Post: The steady decline of purchasing power

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@Kevin Jorgensen...It's still a great time to buy!  I try not to over analyze, but buy when the deal make sense.  I bought my best deals while everyone else sat on the sidelines..07,08,09..RE is risky, but you have to take some to GROW!!!  Mental Toughness makes all the difference..

Post: Owner Financing suggestions

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@James Mosby..All negotiable, but it depends on the area and property.  Owner probably not interested in a Hot Market.  When it was tough to qualify buyers more opportunities...But all things Possible...

Post: Burst Hot Water Heather Flooded House

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@Teddy Johnson...Seems like insurance would cover your items.  Damage  to a tenants personal items  is usually not covered..Most require renters insurance to protect their personal items..

Post: Perplexed! Where do I start?

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@Brian V....Connect with the local RE group  to find out some strategies for your area.  CA is an expensive market, but investors find ways to do deals..Getting a financing source will help to take action on a Deal too....Good luck!

Post: should I hire a contractor

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

@Matthew Cook...You will spend Time or Money...So it totally depends on your specifics.  Starting out, I spent a lot of time overseeing projects, because money was scarce.  Now, I can spend a little money to save time..

Post: Real Estate Agents!!!

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

Congrats!!!  Interview at least 3 to make sure it's a Good Fit for you...

Post: Hello to Bigger Pockets and Goodbye to the Rat Race!

Rolanda EldridgePosted
  • Investor/Realtor
  • Hoover, AL
  • Posts 1,309
  • Votes 459

Welcome @Steven Johnson...RE is the way to Go!