All Forum Posts by: Rolanda Eldridge
Rolanda Eldridge has started 47 posts and replied 1267 times.
Post: First Duplex Purchase with only $3,000 out of Pocket!

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Congrats!!!
Post: Finally out of the rat race - quit my job

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Congrats!!! I waited almost 11 yrs before getting my RE license, but it's an easy transition! Timing is everything. I created a Business page on FB but remind family and friends that I'm an agent. I closed 2 deals by doing this in 1 month. Also. some of my investor contacts calling on me...Opportunities await!!! Good luck!!!
Post: Soliciting Potential LandLord's

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Attend a local investor meeting with flyers advertising your PM business...Offer incentives for trying your service...
Post: Where to begin with a rehab?

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Extensive 1st project for a beginner...Initially I purchased light rehab projects(paint, sheetrock, roof repair, etc)..Quick turnaround to rent quickly...After rehabbing over 20, I'm selective...No 2 rehabs are the same..Each will have it's own set of issues...You will need Plan B, C, but all doable....
Post: Lender Advice

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Due Diligence and Patience...$75,000 is a lot to risk...
Post: ATL: Purchased for $25K, Collected $27K in Rent - Sold for $60K

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Great Job!!!
Post: Is it worth it to get a real estate license?

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
@Gerald Jarreau..Yes, it's worth it!! I finally got my RE license after 11yrs as an investor...Many benefits..Access to MLS, pick up commission $, can view any property at my discretion, helping others find their DREAM HOME!!!..Win Win Win
Post: Ballpark to add central air/heat to house

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Get several estimates. Ask for referrals from other investors in your market.
Each market is different.
Post: Looking for good but cheap contractors for renovation in Atlanta

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
Try Craigslist...but you will need to screen carefully...Hit or Miss....
Post: Potential Tenant Question

- Investor/Realtor
- Hoover, AL
- Posts 1,309
- Votes 459
If it doesn't feel warm and fuzzy, I pass...Even when it does, I can be Wrong...Everyday you will take RISK in this business or not Grow!!!