All Forum Posts by: Gerald Barron
Gerald Barron has started 8 posts and replied 69 times.
Post: What Real Estate Job Would you Pick???

- Investor
- Naples, FL
- Posts 69
- Votes 34
Barring a couple year transition from the military into law enforcement I've spent the past 15yrs working for the government. Two years ago my wife and I decided that I needed to change my career path. So I resigned from my law enforcement position and went back to school using my GI Bill. This whole process is what got us into real estate in the first place as we have been renting our home out while we travel the country in our RV (whole other story).
Long story short, I am almost done with college and will be obtaining a degree in Project Management. I know I want to work a position that will help my wife and I build our real estate business. So my question to the forums...
If you could pick any job in real estate that you think would be the greatest benefit to RE investing what would it be? RE agent? Property Manager? Construction Manager? Finance? etc...?
Thanks!!
p.s. we want to focus on cash flow single/multi-family homes that we can force appreciation in to.
Post: How do you charge renters with pets?

- Investor
- Naples, FL
- Posts 69
- Votes 34
Post: Nightmare 1st Property - Does it get better?

- Investor
- Naples, FL
- Posts 69
- Votes 34
@Account Closed to put a positive spin on it. You are paying/paid for an education in out of state buying. You now know that you need stronger team members on the ground that you can trust. You have a long list of things to look for (or have your agent look for) when purchasing your next property. You know you need better inspections. Just from your post you can create a solid checklist of do's and don't for the next investment.
Also, your tenants are going to pay you back for these lessons (if you hold the property long enough). You said it'll be three years before you break even, at least you have that light at the end of the tunnel. My point is, it's not all bad, there's some good buried beneath all the suck.
Post: What's happening in Coffeyville, KS??

- Investor
- Naples, FL
- Posts 69
- Votes 34
@Cara Lonsdale I believe Paul Sandhu is an investor there and is pretty active on the forums. Might be worth reaching out to him.
Post: Prospective tenants bad credit ; parents to co sign

- Investor
- Naples, FL
- Posts 69
- Votes 34
Post: Cozy Users- Tips for Onboarding Tenants?

- Investor
- Naples, FL
- Posts 69
- Votes 34
Post: Naples Florida

- Investor
- Naples, FL
- Posts 69
- Votes 34
Absolutely, we always keep on eye on Naples park just because we love that area and think it will eventually be a million dollar neighborhood. But like Steve mentioned, and you, it is very hard to get a deal in the park right now and most of those "deals" whenever they do pop up usually go to cash buyers which I am not.
We are currently also looking in the Orlando area and we really like what Bonita Springs has done with their downtown area so we keep that area on our radar as well.
Post: Naples Florida

- Investor
- Naples, FL
- Posts 69
- Votes 34
@Account Closed very good points and I agree with you, especially about the next downturn. Whenever it does come it will be a completely different animal than last time.
Post: Naples Florida

- Investor
- Naples, FL
- Posts 69
- Votes 34
@Nancy Bachety We love that area and we are always on the lookout for deals. We own a SFH, annual rental, on the 600 block that we rent for 2800/mo (It's a 2/2).
@Account Closed , You are correct at this very moment there isn't anything listed that satisfies the 1% rule (assuming we are paying asking price) but they do come up from time to time. In fact, our realtor just walked through a house for us last week on the 500 block that was listed for 270K. It was a 3/2 with a pool and needed rehabbing (hurricane damage) but it could have hit the 1% rule after remodeling. Anyways, you aren't finding the 1% rule anywhere in Naples without doing some work.
Post: Was I overcharged for cleaning fee deducted from my sec deposit?

- Investor
- Naples, FL
- Posts 69
- Votes 34
I'm not familiar with California landlord/tenant rules but I recently did a tenant swap in Florida and had the house cleaned. It's a 1400sqft house and it was 300.00 for a top to bottom clean. Florida isn't as strict as California but I still provide an itemized security deposit disposition to my tenants. So, in my opinion, if the landlord did have a company come deep clean the property the cost is probably in that neighborhood.
Also, I found this website that might help.