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All Forum Posts by: Eric Gerakos

Eric Gerakos has started 0 posts and replied 815 times.

Post: Bird dog in Connecticut

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

 Because for most people it's a colossal waste of time and energy. 

Post: Taunting a tenant on eviction day

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

Investors who have frequent evictions are buying cheap, unprofitable crapboxes. 

Post: Getting Into Real Estate with no Knowledge or Money?

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

Cameron, welcome. I would advise that you think less about the number of properties you want to own and more about the quality. Owning a lot of cheap properties can be less profitable than owning a few better properties. Best of luck to you.

Post: When should you stop investing in Real Estate and become a Guru?

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

Once you have failed at real estate investing,  that is the time to become a guru.

Welcome, Philip. Do you have an investing strategy? 

Post: Worn out carpet. Should I ask tenants to replace it?

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

No.

Post: Investing in Real Estate

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

Welcome, Maria.  As others have said, take your time and learn the basics and what not to buy before making any moves. Best of luck to you.

Post: Squatters in triplex wanting to purchase

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

Joshua, I would reconsider purchasing a property in a neighborhood where vacant properties attract druggie squatters. What quality of tenants is that property going to attract? Just something to consider.

Post: New to BP! Hello!

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 833
  • Votes 1,138

Welcome, Justin. Plenty of experienced investors to answer your questions here.

I equate affordable with less desirable. I like to buy where people actually want to live. Less maintenance and less vacancy.