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All Forum Posts by: Edwin Gachinga

Edwin Gachinga has started 0 posts and replied 30 times.

Post: My Latest Flip in Cape Coral, Florida. Some before and afters

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

Great project Brit. Beautiful house. Just wondering - out of the $35k, how much did it cost to replace the entire piping? And secondly, how much to reno each bathroom? Looks amazing

Post: Recent flip near Fayetteville, NC - $23,500 in 85 days

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

wow, good job Cindy! Very inspiring, was it your first or are you a veteran? I am looking to get started with my first one soon. 

Post: My first multi-unit

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

  @Jameson Drew. I think you're on to something. Thanks again.

Post: My first multi-unit

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

@Jameson Drew Thanks for getting back, one more question. You had mentioned earlier that you had 30 units. I think that's just amazing, given the rent to purchase price ratio in the midwest. Are all your rentals in Muncie or do you have them spread out to Anderson, Indianapolis etc?

Post: My first multi-unit

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10
Originally posted by @Account Closed:
Originally posted by @Edwin Gachinga:

Really inspiring post Jameson. Those numbers are just awesome. Just wondering though, I was looking up Muncie, IN and it's a somewhat of a small town so I am curious how long you usually have to wait around for a new tenant when one of your units gets vacated? 

 Don't forget, it's also a college town! Not sure how far this one is from campus, but people seem to do well with college rentals in Indiana.

 Didn't realize it's a college town. That's a big plus obviously. Great info, thanks @Ethan

Post: My first multi-unit

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

Really inspiring post Jameson. Those numbers are just awesome. Just wondering though, I was looking up Muncie, IN and it's a somewhat of a small town so I am curious how long you usually have to wait around for a new tenant when one of your units gets vacated? 

Post: Advise on Hard Money Financing in Northern NJ

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

@David O. Thanks for that info

Post: Advise on Hard Money Financing in Northern NJ

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

Hi Yonelle. Congratulations on pulling that deal off. Just a quick question, how far off (timewise) did you and your hard money lender put your refinancing exit at? 2 years or less?

Post: Advise on Hard Money Financing in Northern NJ

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

Thanks Jon & Charlie for your advice on this topic. I am on the same route as Jasmine, working to put together deal with a HML in L.A and/or Kansas City, MO.

Post: Non-success Story

Edwin GachingaPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 31
  • Votes 10

Thanks for sharing that Bill. It takes a lot of humility to accept our defeats, but that is where the gold is. In learning our errors and finally zigzag-ing our way to the finish line. Good luck Bill.

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