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All Forum Posts by: Eric Gerakos

Eric Gerakos has started 0 posts and replied 815 times.

Post: Goals - 200 Doors?

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

I preach this all the time. Fewer but better and more profitable properties. Collect money, not properties…

Post: Purchasing property from Scientology

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

James, you should check with Tom before proceeding….

Post: How many tenants do you screen?

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

I self manage but just use my agent to screen tenants. She’s great at it and I avoid the hassle.

Post: New to wholesaling. Good way to start?

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

I'm of the opinion that for most new investors,  wholesaling is a colossal waste of time and energy. The idea that it's a quick and easy way to raise money to invest is simply not true.

Post: Hi, My name is-!

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

Welcome, !.

Post: Failed BRR in Memphis TN

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

Sean, sorry this happened to you, and a little advice for the future. Even if a property is marketed as "turnkey" always get you own inspection and appraisal. Never trust someone else's numbers. Unfortunately, these sort of scams are not uncommon when buying turnkey, which is always marketed as somehow being a safer way to start investing.....

Keep in mind that cheaper properties are cheaper because they are less desirable. Collect money, not properties. 

Post: New to Real Estate Investing

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

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

Post: Hello,Its me Violet Tyler

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

Welcome, Violet.