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All Forum Posts by: Eric Gerakos

Eric Gerakos has started 0 posts and replied 702 times.

Do NOT sign a quitclaim without first consulting with an attorney.

Post: MARKET LOOSING STEAM

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

As long as it’s not losing steam, we’re ok.

Post: Future of Highrise Condo market in Las Vegas?

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

Agree with Adam that very high HOA's make them undesirable as rentals.......

Post: Termite Damage Repair

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

Run away 

Post: Anyone here dealing with squaters?

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

What's a Squater? 

Post: Weird question, is this a bad idea?

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

 Basing your life choices on the perception of others is never a good idea. I'm not comfortable with you driving anything but a 1972 Pinto......

Post: Should we consider a lawsuit?

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

This is why a good inspector is worth his weight in gold. I’ve used same guy for 10 years. He’s saved me $$$$$$$$.

Post: Should I be waiting for a crash?

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

No.

Post: What do you think stops people from starting?

Eric Gerakos#4 New Member Introductions ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 718
  • Votes 974

Fear of failure and fear of looking foolish stops many people from ever achieving anything. Just do it.......

Welcome, Natasha. As a fellow California investor I would first question your reasoning for investing out of state,paying for property management and not being able to readily visit your property. There are great returns to be had in California if you know where to buy. In my opinion the first step is to have a very clear financial goal.