New to BP from Athens, GA

[Joshua Strickland]

Hi Everyone,

I am a new BP member from Athens, GA. Excited to be part of this community and get rolling with REI. I currently have 1 SFR rental in my portfolio and am looking to add more. (Especially anything that would allow me to BRRRR!) I currently work out of Atlanta in the property development department for a large car rental company (Enterprise), and recently while negotiating a deal with an investor realized I should be sitting on the other side of the table.

I look forward to connecting with other RE investors, agents, wholesalers, lenders, etc. in the northeast GA area. Mainly interested in Clarke, Jackson, Hall, and Gwinnett County.

I currently have 1 paid off rental property that I am looking to sell in order to reinvest into multiple other properties. Mainly looking for SFR, but not opposed to cash flowing multi-family. My wife and I are also looking for another property to house hack in the Gwinnett County area.

[Brenden Mitchum]

@Joshua Strickland that totally makes sense. Not many investments make sense with negative cash flow. That's unfortunate you don't feel you can get the rent up to market. But have you brought it up with your tenant? If he's a great tenant he may understand that rents raise with time and accept an increase? If not and he moves out and you sell the property shortly after then it doesn't effect you much anyways.

I have not had a ton of luck finding good meet ups nearby but I haven't been looking long so things may pick up in the new year. I have also only been checking on meetup.com and BP. There appears to be a couple coming up beginning of the new year on BP events.