All Forum Posts by: Chris G.
Chris G. has started 26 posts and replied 159 times.
Post: My flip foreclosed :(

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
Do it. Why should you feel guilty?
If you sold it for $115K that was market value at the time.
Post: Best Way To Dump So Cal Rentals Gone Bad

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
owner finance sounds like a good possible option actually.
where in SoCal are they?
Post: Can you share some advice on how to best invest 40-50K

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
Where can I see some of these turn key properties?
Post: Looking for SFR/MFD in Miami around $50K or less

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
Flying to Miami tonight, will be available to see some properties if anyone has
Post: Looking for SFR/MFD in Miami around $50K or less

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
I have a new business in Miami, and I'm finding myself visiting Miami more frequently now. Instead of continually renting at Courtyard Downtown, I'd rather just buy something and use it for cashflow and possible appreciation.
Let me know what opportunities you may have available please - cash buyer.
Post: Only one of two tenants present during move-in inspection

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
I would say it should be fine since they are married.
However, if you want, you could have her do the inspection, keep the original, make a copy and have her bring it home with her to have her husband sign and return to you as soon as possible (either by fax or next time she/he/they see's you).
However, I see that being more of an opportunity for them to try and opt out if they change their minds with the mindset that "he wants us both to sign, so he probably doesnt consider it legit until we both have".
Either way, the one that DOES sign IS on the hook, so either way you can keep the deposit.
Post: Getting a handle on fix up costs

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
With any other business, you must spend money to earn customers.
A contractor can consider giving estimates as his investment in earning new customers.
You won't get any customers if you aren't out there beating the pavement making the sales...
Post: Getting a handle on fix up costs

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
Yeah, I think charging for an estimate is BS.
I am sure you can find free estimates though.
I am interested in this thread however as I am also semi-lost on how to estimate costs for repairs, upgrades, etc. I have yet to do a rehab so I dont know what all the labor and materials cost.
Post: Duplex deal or not. Looking for help.

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
Such as? and where?
I have a bunch of cash and I'm looking for MFD/APT deals to hold.
Post: Does it ever scare you to pick up an MFD/APT with 0 tenants?

- Real Estate Investor
- Irvine, CA
- Posts 189
- Votes 33
Thanks guys. I live in Los Angeles and I don't really want to do anything here due to the high cost limiting the amount of deals I could do.
I guess its time to pick some other state&city and hope I picked a good location.