All Forum Posts by: Anna Evoundi

Anyone have a Masters in Real Estate Development here or is actively pursuing one? Have a bunch of questions I’d love to ask you. Thanks!

Hey @Anthony Fontana, thanks for the info! There's still opportunity out here, but with so much competition and investing happening at a rapid rate, things are bound to slow down eventually. And you're right, anything in a good location gets a lot of competition, drivng price up. Adding to that, property values in up and coming neighborhoods like Humboldt Park, East Garfield Park, etc, have already raised exponentially in the past few years.  I am looking to get into a market that is going up but not at peak, and it seems like Atlanta fits the bill. I want to be there in the long run, so it seems like a viable option to move sooner rather than later. 

@Samuel Pavlovcik Congrats! Definitely jealous you're getting out of here. Thank you for mentioning the growth of the city! I'm excited to learn more about the market down there as well. Thinking of getting into flips or rentals?

@Hae Y. Best of luck! Yes, Chicago, from what I know seems to be one of the tougher markets to get started. I definitely want to learn more about the Atlanta market as well

@Chris Licavoli I completely agree, my original plan was rack up as many flips and rentals under my belt before making the move out to the greater Atlanta area for those very reasons. Taxes are outrageous and nothing gets done. It's a very corrupt city and is not viable for my longterm goals in my opinion. Laws favor tenants, which I am for, but to ridiculous standards, I will never understand Squatter's Rights for the life of me. Even if I were to go to the suburbs, taxes and everything about the state is ridiculous sometimes. Many my age and older are moving out quickly. I will always love Chicago, but I know I cannot make a good life for myself while being bled dry by the state, having to work even harder and harder for a significant portion to just go to the state.

@Jennifer D. I have not, I'm planning my first purchase in 2021. The investors I work for have purchased in nearby Humboldt Park recently, very hot area. 

I know I want to move to Atlanta in about 5-7 years after doing enough deals, I'm a Chicago native. With everything going on with COVID, I'm having a slight thought of making that move sooner. What is the market like in Atlanta (up to 50 mile radius of Atlanta) for flips and rentals? Is it as saturated as Chicago?-Chicago is very overrun with Investors but that is showing to change already, imo. What are some tips or key differences? Pros/Cons? What do you do in Atlanta and how have you become successful out there? If you've done deals in both CHicago and Atlanta, do you have a preferred market? Why? I just know it is a totally different market that I know slim to none about when it comes to investing. 

Opening up my options to possibly make that move sooner. I also know things will be slowly changing in both markets in the coming months to year or two, so time will tell how they both level out. 

Thank you for any experience you share. Hope everyone is staying safe out there!

I read a previous forum that was posted 6 years ago regarding being banned from the messaging system. Is there anyway to lift this?

@Alleia James You don't get many advantages of having your license besides being able to access the mls and negotiate your own deals without having to pay a buyer's agent a commission. 

Congrats Marcele! What is your plan with the property? Is this a single family or multi? Definitely a good area to get into there!