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Updated 11 months ago on . Most recent reply
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Wondering what a person with a investor mindset sees
Hey I’m in the Augusta/North Augusta area and as I’m driving around it seems like new construction sfh, multi family, neighborhoods and more. It’s like everyday I see a new project starting.
What do this make you’re actively investing? (I’m not) house hackers, flippers and landlords. Are these good sites to see or threatening?
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Quote from @Alfred Dublin:
Hey I’m in the Augusta/North Augusta area and as I’m driving around it seems like new construction sfh, multi family, neighborhoods and more. It’s like everyday I see a new project starting.
What do this make you’re actively investing? (I’m not) house hackers, flippers and landlords. Are these good sites to see or threatening?
I remember growing up in memphis and going to the military. While overseas thinking "i dont want to invest in Memphis". Move back the states and stationed in Nashville. The biggest real estate boom I have ever seen in my life. As the prices got higher and higher cities like huntsville and chattanooga became the topic of discussion for buy and hold investors and flippers. I was working birmingham myself for an investor and I just didnt understand it. Fast Forward, I bought a property in Memphis last year and some how I get it. All it takes is a hand full of comps, new businesses, reasonable "average days on market" and an influx of population due to jobs and bam!! In these conditions an investor called it "the path of growth". I have seen it first hand. In 5 years its a whole new area, and if you get in early its better than bitcoin.