All Forum Posts by: Daniel F. Harb

Thank you, @Katrina P., @David Song, and @Eric H.

Really appreciate your input.

Merry Christmas!

~Daniel F. Harb

Question :

I am still fairly new to BiggerPockets (2+ months) and I am gearing up to start investing OOS. I am searching in 4 different States and trying hard to do heavy due diligence. I am seeing here and there properties that are said to be selling from the $29K range up to the $40K amount that are stating that after ALL expenses there will be a $250.00, $300.00, or $350.00 positive cash flow. This sounds pretty incredible, of course.

IS THIS POSSIBLE?

Still being new, I am just humbly asking from all members and experts if this seems "Pie in the Sky" numbers for me, or if I am missing something? I would love to purchase properties like this all day long, but being new, and especially living in Orange County, California, I simply want to understand if these things are true, and if this is possible after all expenses, INCLUDING property management.

Thank you in advance, BiggerPocketeers, and Merry Christmas!!

Daniel F. Harb, ARRT, RT(R)

Merry Christmas, Paul!

You can't beat that! Nice of you.  :)

Get a copy, everbody!

~Daniel 

Wow, @Mario Mormile.  I am still searching for the state that I want to invest in with OOS. Man, in some areas where I see a multitude of properties or foreclosures for sale, I think, Yikes!  :)

Merry Christmas, Mario!

Daniel F. Harb

Hello @Bob E.

Milwaukee ,Wi investing is going well for you? That's awesome, good for you. May I ask, is the price range between the 50K~100K level?

Thank you in advance!  :)

Daniel F. Harb

I'm on board with you, @Brian Bradley!  Just ordered mine as well! Should be excellent.  :)

Merry Christmas to you and your family!

Daniel F. Harb

Just finished reading "Real Estate~Uncut, Direct, Authentic"~A Practical Guide To Buy, Rent, Manage, and Sell Investment Property 

by @Paul Camuto. Excellent read on this Christmas Eve day! Paul has written a powerful, yet simple text on real estate investing for the novice as well as the expert. There are times in this book when I laughed out loud! He is funny! This book really goes through the nuts and bolts of investing in rental real estate. I really love this text.

I love to read RE investment books, especially between patients and there is lag time within the hospital. I have Brandon Turners RE books, one by Scott Trench, and two by Frank Gallinelli, and now an excellent text by Paul Camuto. You can get it on Amazon!!

When I bought the book by @Scott Trench, "Set For Life", and thought it was an incredible find, I have to now add "Real Estate~Uncut, Direct, Authentic" by Mr. Paul Camuto as an incredible Christmas find!  Enjoy!!!  Thank you, Paul!

Merry Christmas, BiggerPocketeers!

Daniel F. Harb, ARRT, RT(R)

Is there an exorbitant amount of foreclosures in Dayton, Ohio, or is it just me?!?

Thank you in advance.

Daniel F. Harb

Hello @Johnny Hastings.

Sorry about your situation. Years ago, a tenant put holes in my walls, and a hole in the ceiling (stomping around in the attic!), and it was sweet each and every time to get that wage garnishment check from him AND his girlfriend.

On the flip side, I got two judgements on a ex~tenant, to the tune of $9,000.00 she owed me. Never, ever collected a penny, for she was a professional deadbeat. Nor will I ever collect it. Not that I would wish it on her, but she was hit by a car and died. Yikes!  Watch out for "Karma", she'll run you over!!!

Best to you, my friend!

Daniel F. Harb

Congratulations, @Johnny Quilenderino! Gonna be an awesome Christmas for you!  $$$

~Daniel F. Harb