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Updated almost 11 years ago,

User Stats

456
Posts
237
Votes
Andy Luick
  • Real Estate Investor
  • atlanta, GA
237
Votes |
456
Posts

Fun Time to be buying real estate - what are you buying and what kind of results are you seeking/getting?

Andy Luick
  • Real Estate Investor
  • atlanta, GA
Posted

I love real estate investing as most of us do. There are different models working all across the US and it would be fun to network and compare models/results.

I'm in metro Atlanta, I've been here for over 20 years and have always been a very active investor/contractor. For most of my Atlanta years, I focused almost exclusively on single family rentals. In recent years, I have switched everything to shared housing which is a headache to rent/manage but the results are worth it. When I factored in vacancy, repairs & legal expenses, my old single family rentals were lucky to product 5 to 8 percent annually and that was with us handling the management & rentals. We created a shared housing model that is now producing 10% to 16% returns on the back-end and almost obscene returns for our front end partners.

What is everyone else doing? Happy Investing!

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