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Updated almost 9 years ago,
Celebrating & new member in Atlanta, GA
Hi All,
Thought I'd celebrate closing and renting out my first deal by actually contributing and participating in the community. I'm 26 years old in Atlanta. With the hot market here I invested in Michigan where I have some family members who can help me manage a SFH.
I was able to get a 3 bed - 2 bath in a good school district at 158k on a 30 year expenses = $890 a month. As of March 1 I successfully rented it out for $1900 a month.
Very excited to say I finally took the plunge and happy to say I'm cash flowing $1k a month.
Moving forward I'm looking to get involved in the Atlanta real estate scene.
Thanks BP!
MW