All Forum Posts by: Gene Grey

Thanks, Jovon. I did check rentometer. I checked under 5 bedroom house/duplex. On average i am seeing $875 - approx $950 for 2 bedroom 1 bath duplexes. Not checked Craigslist or Hotpads. Thanks for the suggestions!  I keep forgetting about them. :) In this current duplex, it's listing as one side being rented and occupied at $610/month (not $650.) . But looking at it i am sure it needs work and is under rented value.

Thanks for the reply, Amanda! One side is currently rented for about $650 and the other is stated to be need a complete renovation. For a 5 bedroom, the total rent is estimated at about $2,434 median via rentometer. Have not priced out the actual rehab. Just estimating for practice if i am crunching the right numbers :) That rent total monthly would be lovely which peaked my interest in this property. :) Thank you for your input and if you have any other suggestions please feel free. Have a great weekend!

View report

*This link comes directly from our calculators, based on information input by the member who posted.

View report 

*This link comes directly from our calculators, based on information input by the member who posted. 

Good information, Susan. If i may ask, did you use hard money or private money for the initial renovations?

CONGRATS!! Please keep us updated on how things are going.

Congratulations @David Zheng! Inspirational stuff right there.

Watched during my break and MUST go back to pick up more nuggets of wisdom. Awesome stuff. Congrats, Jay.

Welcome to Savannah, Kendall! I've been here about 10 years now and it's indeed a beautiful city. I am new to the real estate arena, but see many opportunities. BP is chock full of information so i am sure you will find success!

Greetings Everyone.

I want to move forward & clean up my credit, but am worried about my families money. Approx 6 months ago, i obtained a debit card from a family member. Just for grocery shopping when she cannot. They gave me a card with my name on it. I owe on student loans (about 10 years since my last contact with them) and am worried about putting her money at risk when i start the process of diving into my credit history. Should i take my name off the account till my credit is 'repaired' or am i being paranoid? Last thing i want is to jeopardize her money because of my loans. 

Thank you all and have a great day!