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All Forum Posts by: Eric Gerakos

Eric Gerakos has started 0 posts and replied 811 times.

Growing quickly should be the least of your concerns. It's too easy to end up with a big portfolio of money losing crapboxes. Take your time and buy quality properties. 

Post: Ready to purchase our first rental property

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 829
  • Votes 1,133

If you're concerned about getting quality tenants, buy quality properties. Cheap crapboxes attract undesirable tenants with higher maintenance and vacancy. 

Post: Anyone Here Buying Performing Notes for Passive Income?

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 829
  • Votes 1,133

I have a combination of rentals and notes. Conservative notes currently paying around 10%. 

Post: Looking for an Investor Partner Irvine, CA Home Purchase

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 829
  • Votes 1,133

Hilarious. You’re offering a “1% annual fixed return.” Then only “10-20% of future appreciation.” You’re basically asking someone to buy you a $1.5M home for free. That’s a creative strategy all right.

Post: Hello ya’ll, good to be here!

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 829
  • Votes 1,133

Welcome, Mattia. 

Post: Introduction to the community

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 829
  • Votes 1,133

Welcome, and best of luck to you.

Post: Introduction to the community

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 829
  • Votes 1,133

Welcome, and best of luck to you.

The best alternative is to not buy cheap, crapbox properties in the midwest that will attract an undesirable tenant base. 

Post: Why I Stopped Talking About My Goals with Friends and Family

Eric Gerakos#2 Market Trends & Data ContributorPosted
  • Investor
  • Costa Mesa, CA
  • Posts 829
  • Votes 1,133

"If you spend too much time talking about something, you'll never get it done."  Bruce Lee