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Updated over 6 years ago,
New Investors in Atlanta, GA
Good morning Atlanta!
My fiance, Taylar, and I will be moving to Marietta, GA after our wedding in August! We are interested in multi-family buy and hold investing to start. Our first property will be owner-occupied to accelerate our beginnings in real estate investing. While living in our first property we plan to invest in more multi-family properties and potentially SFH's as well. We follow 3 main guidelines:
1. Add Value
2. Invest Where You Know
3. Cash Flow
These are actually Paul Morris' main guidelines from "Wealth Can't Wait". We look to rehab all of our properties based on what the local market can support and then hold the property (passive income) or sell the property (generate capital) depending on how we think the property fits in our portfolio best. The core of our mission statement is to add value; add value to our properties, tenants, and all others in our life. We add value to the people around us by providing a healthy and supportive environment through an abundance mindset.
Our weakest spot at this time is "Investing Where You Know". We visited Atlanta back in April before we decided to relocate. Other than that our experience and knowledge of the area is limited. We are reaching out to learn more about the Atlanta market and to surround ourselves with local like-minded people!
Last week we started sending emails and began receiving responses and scheduled phone calls with other BP members. All we can say is this community is fantastic!
Reach out Atlanta! We look forward to hearing from you.
--Daniel & Taylar