All Forum Posts by: Eric Gerakos

Hey Tones, would you paint a sign on your back for identity thieves in order to impress strangers? This is a Google-searchable open forum.

So the only people who brag about how rich they are on BP are gauche AF and/or trying to make money off you one way or another. Stick around, read between the lines, and you'll figure things out soon enough.

I don't even have a car, by the way. Just put me down as a broke-a$$-broke wannabe. I won't get offended.

This. The number of properties is irrelevant anyway, since 100 crappy houses in the Midwest can be worth less than 1 house in LA.......

1 Vote

Wait.

0 Votes

When interest rates are high, I lend money through first trust deeds. When rates are low, I borrow and buy more property.......

0 Votes

In this market consider investing in first trust deeds. Currently paying around 9%.

0 Votes

Honolulu, Hawaii

No.

0 Votes

Philadelphia, Pennsylvania

Quote from @Mike Dymski:

Yes, the lenders are cash flowing!

This. When rates are high be the lender. When they are low be the borrower.......

1 Vote

You can own 100 homes with 0 cashflow and 0 appreciation so the number of homes doesn't matter. The profitability of each home is what matters.

7 Votes

Tyler, Texas

Cheap houses are always cheap for a reason.......

1 Vote

Tenets are never a problem. It's the tenants you need to worry about.

1 Vote

I have no problem with it.

0 Votes

All Forum Posts by: Eric Gerakos

Eric Gerakos has started 0 posts and replied 675 times.

Post: How many properties?

Post: Class C or Wait

Post: What are you doing in this current market?

Post: Help!!! New to this. 200k and no idea what to do with it.

Post: Is a BRRRR mentorship worth it?

Post: Who is ACTUALLY cash flowing with these interest rates???

Post: How many homes is your goal?

Post: Is it worth investing there

Post: Tenet complaining about Ants

Post: How do you feel in general about foreigners owning RE in the US?