All Forum Posts by: Eric Gerakos

@Corby Goade I really appreciate it and have really enjoyed it! I am with you on Arbitrage and not a fan of it at all! Goal is to expand the Co-Hosting business and purchase more properties!

Congratulations!!! But you don't need to end every sentence with exclamation marks!!!!!!!

1 Vote

No pets.

2 Votes

Chicago, Illinois

Never.

0 Votes

Thornton, Colorado

It’s as involved or as uninvolved as you want it to be. I “manage”my rentals which consists of occasionally calling my handyman who can fix anything at a reasonable price and collecting rent through direct deposit. In about 20 years of being a landlord I’ve never met a tenant. I’ve also never had a late rent payment. All true.

1 Vote

Quote from @Carlos Ptriawan:

Quote from @Dalton Foote:

Quote from @Carlos Ptriawan:

I'm very happy because of real estate. As my prediction 11 years proved to be right. I think real estate is great wealth creation. So I bought during the downturn at the right place and took out the money from there. Also, invest at other places for rental.

I predict from a long time ago that US will experience real estate melts up as gov. keeps printing money and giving back that money to us thru a 30YFRM low interest mortgage.

So thanks to the gov. It's not me that's smart, but the gov. that's smart enough to do so. haha....

Carlos,

Good way to look at it! Haha very true.

Sorry to say, but any idiots could become a millionaire in real estate if they buy a piece of toilet land in Palo Alto in 2009 haha,no need to become pHD in real estate.

The one that I really respect in real estate is actually the value-add GP/rehabber/BRRRer and also the painter,drywaller,engineers that make this happen.

I also "respect" the investor who didn't need to rehab, paint, drywall etc but just invested wisely and made his money while sipping a dry martini at an oceanside restaurant......

0 Votes

All Forum Posts by: Eric Gerakos

Eric Gerakos has started 0 posts and replied 674 times.

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Post: QOTD: How did you get to where you are today?