out of state investor

[Osvaldo Benavides]

How is the market in Albany GA? 

[J. Mitchell Bernier]

@Stan Sugarman All things you said are true regarding demographics, but rent growth is attainable. We buy in Albany and from landlords who think this way and spend a little money and have been able to increase the rents every time. Now is it going to be astronomical, no, but the cash on cash return has been consistently above 20%.

Albany is a place where if you are smart, knowledgeable on the areas you buy in you can get great cash flow, but I would agree with you don’t plan for appreciation at all. Which we don’t