All Forum Posts by: Javier Arbelaez

Hey BP,

I found a 6 plex property near me that the numbers look good in terms of cash flow. It was built in 1965, 4 2bed/1bath & 2 1bed/1bath. They are asking for $313,000 for sales price with rents at $3200. Doesn't need much renovation for each unit. The schools are good BUT it is about 1 to 2 miles away from a medium crime area (based on trulia). Is that something that is too close to the property to consider? I don't want a property that is going to be a constant worry or attract a lower quality tenant. Also, is there a way to fund the down payment since I don't have 60k to put down? I am trying to figure out a way that makes sense and still allows me to cash flow.

Thanks so much for any help!

Good Morning to Everyone and Happy Father's Day, 

I wanted to reach out to the group to see if you all could confirm that this is a good deal. Now just to give you a heads up my goals are to have enough buy & holds to replace my income so that is what I plan on doing with this property. Here are the details (hopefully this covers everything)

Purchase Price - Offered 70k but most likely going to be 75k

Current Rent: $850 but area looks like I could get almost $1000

Repairs: $10-15k possible

A home across the street was sold for 125k

I think it meets the 1% rule so want to make sure that this is something that makes sense. Thanks for all your help!

Hey AJ,

Just messaged you! Would love to help!

Hey Anthony, 

I just emailed you. I am agent here in Atlanta. Let me know how I can help!

Hey BP,

I am an agent working with a few investors and I am looking for off market properties in the West Atlanta area OTP (outside of the perimeter). Looking in Marietta, Dallas, Hiram, Powder Springs, Kennesaw, Acworth areas. If you guys know of anyone, please let me know. Thanks so much!

Hey Joe, 

I am an agent working from the Powder Springs area and work in the Dallas area very often. Would love to work with you to help find deals in that area!

Javier Arbelaez

Hey everyone,

I have a client looking for a home upgrade in Mississippi but I am only licensed in Georgia. Looking for a referral to send him. Thanks!

Needing to get Hardiplank Siding Replaced on a potential rental property. Sq ft is 1170. Trying to estimate the cost for reno buget. Anyone have any experience with this? Thanks!

Thanks everyone for your feedback!

Looking at purchasing a duplex that has a shared pool in the backyard. Trying to see what added expenses to be prepared for outside of normal management costs. Thanks!