Newbie with unique Buy/Hold concept in Cobb County, Georgia

[Tamikia Mathews]

Hi all! I am currently a real estate paralegal and a future business mogul!

I've been on the legal side of million dollar mixed-use/multi-family development projects for over 15 years.  I’ve worked for law firms and developers and over the years I’ve developed a true love for all aspects of real estate!

Recently, I’ve been researching and hatching a plan to take over the world (in my Pinky & the Brain voice :-)) or maybe just Cobb County, Georgia! I’m interested in purchasing specific types of properties to operate them as personal care homes for seniors. This may be a unique and/or under exploited Buy/Hold niche so I’d appreciate any feedback the BP community may have.

Even though I’ve done a ton of research, I believe there is no substitute for hands on experience therefore, I’d love to network with investors who have experience with this strategy or even partner with investors interested in the concept.

I became a BP fan about a year ago by listening to the podcast and I am very excited to chat with and exchange ideas with the members on this site.

[Richard Balsam]

Since you are interested in a specific niche- you can check if any keywords bring up this field- but I think your first steps should be to the county to see their requirements for this type of business. They must have definite rules and laws covering the acreage needed, building size, density of the project, ingress/egress from the parking lot, etc -- far more than I even know! Wish I could be more help- good luck with it!