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