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Updated about 2 years ago on . Most recent reply
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Property in griffin, GA
I was wondering if anyone here is investing in rental property in griffin, GA. Would it be worth investing knowing the house values of their homes are low
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Currently we invest exclusively in Griffin. The price points are right for us, local contractors are reasonably priced and their are an abundance of renters. The down side is these are old homes typically needing a good bit of work. The initial rehab focuses on making the property bomb proof. The tenants are D class renters (in our area) and require extra headaches in and of themselves.
This is the area we got started in. Would I invest in Griffin,GA today? Yes, for us the numbers make sense. I would research a good property manager and work closely with them. In fact it would be a good place to start searching for your first property they typically have a good bit of local knowledge. We do our own management, which at times make us crazy.
Good luck, and regardless where you purchase CRUNCH THE NUMBERS! Measure twice cut once.
Cheers
Stewart