House hack Atlanta

[Marian Allen]

Hello everyone! I have been reading on this forum and saving aggressively for about a year and have finally reached a point where I’m ready to invest myself.

Hoping to make contacts/get advice for the Atlanta market. I just took a nurse practitioner job and will be a first time home buyer.

Ideally would like to buy a multi family and live in one unit. I know these can be hard to come by. I’ve also thought about buying single family, fixing it up, then moving in a year (I have a roommate who will be moving with me and is an interior designer, which could be an asset.)

I’m currently renting pretty cheap month to month in Atlanta so I can be patient finding a place. I’m not sure if waiting for the housing market to settle down a bit would be in my best interest.

Any advice or local contacts/leads would be greatly appreciated. I’ll be looking for everything: real estate agents, contractors, local banks, any off market deals, etc.

Thanks in advance for any help. You all have been an inspiration to me and taught me a lot this past year and I’m anxious to finally be an active investor myself!

[Zachary Aldridge]

Excited for you! Its hard to come across multi-units especially in ATL so I've actually resulted in house hacking homes with large basements and adding a kitchen, laundry hookups and private entrances to sort of make a duplex (that is if they don't already have those things which is quite common.) Closing off the top from the bottom (taking out stairwells or walling off entrances.) We also got lucky and found a property where the previous owners converted their detached garage into a two story 800 sqft house! so we house hacked that one as well by renting out the main house and living in that one. and when you move they cashflow like crazy! I've got a great investor friendly agent if you need one, he's helped me find my house hacks so let me know if you want that contact and feel free to message me anytime! @Ashish Acharya is also a fantastic CPA in the ATL area if you ever have tax questions, need help filing or need assistance structuring your business the right way!