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Updated over 6 years ago on . Most recent reply
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Georgia and Florida Real Estate Investing
Hi all,
I am a 3 year rental owner of a SFH here in Georgia in an A class neighborhood. I believe that I have had little to no problem at all when I first started in this back in 2014 till now. The problem is I really didn’t have much cash flow. I didn’t really have an idea how business works, my mind set was more of the appreciation and equity.
So now its been a month since i have started reading here and listening to all the podcast regarding real estate investing. And I have learned a lot! But the real deal is how can I start!
There are a lot of $100-120,000 properties here that would have an average rent of $1000-$1,100 but the ROI is just not good, its usually just 5-6%. I looked at the appreciation of the houses and most in the Warner Robins area stay flat.
I am trying to venture other places in Georgia, or even Florida to seek an opportunity to invest! I am just sure where to find the right property, or if I am just missing the right people to make this happen.
I would appreciate your feedback! Thanks!