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All Forum Posts by: Adrian Maynard

Adrian Maynard has started 1 posts and replied 5 times.

Post: 1st BRRRR Success(ish)

Adrian MaynardPosted
  • Rental Property Investor
  • Columbus, GA
  • Posts 5
  • Votes 2

@Michael Doherty

Thanks a lot for sharing your experience in such detail. I’ve been looking for post like this to see what other people are doing when analyzing deal in their particular markets. Congrats and good luck.

Post: Is there such a thing as a “bad” market?

Adrian MaynardPosted
  • Rental Property Investor
  • Columbus, GA
  • Posts 5
  • Votes 2

@Bo Goebel Thanks for your reply and invitation. I'd love to attend, PM me the date and time. Also, I feel like a jack *** lol. I just went back to the site i got the data from (worldpopulationreview) and realized that I was siting the poverty rate not unemplyoment. My mistake, hope this doesn't make for a bad impression should we ever meet.

If you have any areas in particular that you find to be good locations please let me know. Being military, alot of the info and descriptions I get are from my coworkers. The few areas Ive seen personally that I think are nice but not out of my range is south of the lake bottom area near Wyntton Elm.

Post: Is there such a thing as a “bad” market?

Adrian MaynardPosted
  • Rental Property Investor
  • Columbus, GA
  • Posts 5
  • Votes 2

@Mart Brosas

Like most cities it’s got danger zones. The issue for me is how intermingled they are amongst the nicer areas. It’s to the point where I can’t tell which way the wind is blowing in any given pocket. I’ve run numbers on some particular properties I’ve found on Zillow and the numbers do work. Hopefully I can get into a decent area that isn’t losing ground and then be forced to deal with less then ideal tenants or run the risk of long term vacancy. Either way thank you for your input.

Post: Is there such a thing as a “bad” market?

Adrian MaynardPosted
  • Rental Property Investor
  • Columbus, GA
  • Posts 5
  • Votes 2

I'm currently stationed at Ft. Benning in Columbus, GA. I'd like to use my VA home loan to buy a small multi family that I can house hack and ease my way into the investing world. I've been here for almost two years and honestly I can't make heads or tails of the place. Besides working on base there is very little job opportunity outside of fast food and entry level retail. It appears to be a lot of crime and unemployment is almost 25%. That said, there are pockets all over with well established historic neighborhoods that seem to be attempting to weather the storm.

I’m originally from Atlanta and with all the development going on back home I couldn’t afford to even live in my old neighborhood much less get my foot in the door investing.

So my question is... Would it be a bad idea to invest in the smaller cheaper market of Columbus even though it appears there may be little city growth/ development in the foreseeable future.

Post: First Investment Property Was a Success!

Adrian MaynardPosted
  • Rental Property Investor
  • Columbus, GA
  • Posts 5
  • Votes 2

Thank you for sharing your experience. I am preparing to purchase my first property (awaiting pre approval) and appreciate being able to take someone else's story as a reference. What do you think you would have done differently to have gotten a better price?