All Forum Posts by: Eric Gerakos

Hi. I just logged onto a site as a new member and the first and only thing I did was write a review about real estate investing coaching program that no one has ever heard of. This seems very realistic, honest, and trustworthy. I can't imagine this would be a giant can of spam in any way.

 Most California investors buy in cheaper markets like Ohio so they can get cashflow

Just had a vacancy near Wash Park where the previous renters had been there for a few years and were paying $2,200. I listed it for $2,600 and had 20 people show up to the open house, got 3 qualified applicants and the unit was filled immediately. Renewed leases on 4 others (in Wash Park and Speer), with 10% increases. Tenants all tell me they'd much rather rent from an individual landlord, the big PM companies have bad reputations apparently. Class A properties in good locations are holding strong. I'm grateful that I sold all of my class C buildings over the past several years, even though they were supposed to cash flow better than the class A buildings, they never did and the rent and value appreciation wasn't nearly as good either. Location, location, location people! The golden rule that I wish I had paid more attention to earlier.