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Updated over 2 years ago on . Most recent reply
Buy and Hold Investor in Rome, Georgia
Hello all,
I'm a 35 year old who has only been investing for 2 years. I got into rental investing when I moved from Atlanta to Rome, Georgia and didn't like the market price for my primary residence at the time. I rented out the house until prices came back and it worked out pretty well.
I rolled the proceeds from the sale into a cash purchase of a 3/1.5 in a good rental neighborhood. $52k that rents for $650. So far so good.
A few months later a nice 3/2 hit my radar and I financed the deal at $67k that rents for $825.
I use a property manager here in Rome and they have been great to work with, although they do not have direct deposit, they do take care of everything and only charge 6% with no upfront fees. I have more than a full time job and a 4 year old son. I want to be an investor and not a second job.
I have a one-hour each way commute which I fill with the BP podcast (among others).
Looking forward to doing some networking and learning on BP.
Thanks for having me,
Hal Davis
Most Popular Reply

Does anyone have any recommendations for a local investor friendly realtor and also contractor in Rome, Ga area