All Forum Posts by: Account Closed

Hi Nat -- I think partnerships are the way to go. In the meantime, continue to talk with smaller and regional banks. Who knows what the lenders will be like in the next 1-5 years.

Good luck!

Andrew

Hi Dan.

Welcome to BP!

I have been investing in Atlanta for years, and would be happy to help try to connect you.

Send me a PM with your info, and let's talk next week.

Andrew

Welcome Karen!

Andrew

Thanks @ Gautam Venkatesan ! I spent a few years researching, and once I found the markets I liked, I built a team, found the properties, and brought in partners. Most are financed. We've done a few flips, but we're really buy and hold investors.  We're really focused on Atlanta now, and I've stopped buying in TX and TN for the most part.  We are able to find properties in Atlanta at 50% below replace, after the renovation!  It's been a great market for us the past few years. 

Where are you investing these days?

Andrew

Hi Dixia -

I always seem to get a few 'nuggets' out of the various training courses I've seen. I figure if I can get one great idea, etc -- than most of the time it's worth the money & effort.

Welcome to BP!

Andrew

Really great comments on this post.  Joshua, it probably sounds pretty basic, but I always check into companies I'm doing business with, and try to get referrals from others.  That seems to help as part of the filter process. Thanks for sharing!

Andrew

Hi Charles,

Where were your other rentals located? In NV, or out of state?

Were you buying single family homes?

Andrew

Hi Rob -

I live in Los Angeles, and have acquired around 100 single family houses in Dallas Ft Worth, Memphis, and Atlanta. Having a solid understanding on the market, and a great team is crucial. Property management is a huge part of that. It definitely can be done! 

Andrew

Hi Jeff --

I'm very active in the Atlanta market, and I know you can find properties for under $100k.  I've been buying houses in the $40-75k range that rent for $850-$1000 after renovations.

Check into South Atlanta, too -- price points there are great.

Good luck!

Andrew