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All Forum Posts by: Rod Joseph

Rod Joseph has started 37 posts and replied 138 times.

Post: 3-Plex [ Deal Or No-Deal ]

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

I am looking at a deal in Gwinnett County, I am having difficulty finding comps to access the ARV. So I dont know if if have a good deal or not.

Its a Triplex with an unfinished bonus room with possibility of making a studio rental.

Current Income: $2755
Mortgage Expense: $2600

Current mortgages total $349K  (1st+2nd)

Owner is open to creative financing.  Is there a deal here?

I am waiting on ARV from friendly realtor.

Post: How do I buy the house I'm renting as an investment?

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

Just wanted to add, I don't think he would be offended if you just ask what would it take for you to buy the property.

Post: How do I buy the house I'm renting as an investment?

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

I have a tenant in one of my SFH that would like to do the same. As a landlord, with positive cash flow it is difficult to agree to sell the property. There is no motivation there. Let us know how it turns out.

Post: Hello from Alpharetta, Georgia!

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

Welcome from Johns Creek.

Post: Seller Financing Deal

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

I need help structuring a seller finance deal.

ARV: $150K from comps

Seller Owes: $132K  @ 5.125%

Income is $1400

Whats a good win/win scenario for all involved?

Post: Agent/Newbie Investor Greater Atlanta Area, GA

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

2+ Units

Post: Yellow,letters

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

Yes, I am interested in using them also.

Post: Agent/Newbie Investor Greater Atlanta Area, GA

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

@Ryan Johnston  Welcome. I am also looking for multi-family.

Post: Hist West End Property for Sale

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

Suggestion:  Can we remove listings that are marked as sold?  Or at least find a why to set the status of a property  to sold or unavailable. 

Post: REIA groups near Alpharetta GA

Rod JosephPosted
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
  • Posts 145
  • Votes 68

I would be interested.  Count me in.