All Forum Posts by: Athan D.

Tracie Cabler thanks for sharing. Yes, I work downtown so I often saw on zillow, trulia and those apps, properties that were so cheap I could either buy almost all of it cash in hand or make a very good downpayment, but I was disappointed to see how not welcoming the whole area was, and I didn't think I'd want to start off with difficult tenants. I did drive by some tiny pockets of grouped nice homes, but I guess I'm unfamiliar with the area. How do you identify these "up and coming" areas in our city. What gives it away? Thanks so much

Berny Petersen Wow, thanks for so much insight. I actually got my humble condo in Buckhead thanks to the listing agent living in the same complex so she reached out to me before it was listed. Now, how does one get a hold of, or find non-listed properties? Is it the luck of a draw when getting an agent? You mentioned SFR. I'm afraid I'm not familiar with that acronym. Is the massive letter sending strategy I often hear on the podcast the way to go? Personally, I find it very time consuming and little return on that strategy since even I get those letters from different sources on a monthly basis. Thank for your input!

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Andrew Johnson you make an excellent point. Having a thesis is an excellent way to focus my journey. How's this thesis? I would like to focus on buy and hold properties for the long run. I am planning on going to medical school and would like to have a stream of passive income (however big or small) to reduce the dependency on credit or loans while in medical school. Consequently, I'd like to acquire properties with a strong rental potential, and I will reinvest the income into such property or the next one so that I can reduce the debt-to-income ratio on those properties so that by the time I'm going through medical school, the produce more income than liabilities. What do you think?

Hello, BP folks. I currently live in Atlanta and my real estate history is short: I househacked my townhome until I sold it, and now I househack my 2/2 condo. Having witnessed the benefits, as well as the downside, of house-hacking, I'm interested in purchasing my first (and if successful, then more) rental property. The more I read posts or listen to the podcast, the more of a rollercoaster of confidence, motivation, then fear, and insecurities I get, because I feel there's so much to learn and it's overwhelming, as well as not wanting to fail and lose my hard earned money. One final thought I'd like to share, is that I am a oropspective medical student. Considering how sinfully expensive a medical education is, I want to create a source of passive income to cover expenses while in medical school with the intention of not accumulating debt. Thanks everyone! Athan

Hello, everyone. I've been following the forums, listening/watching the podcasts, and reading up when I can. This is my very first post and I am very new to real estate investment. I live in Atlanta, particularly in Buckhead, where I was very fortunate to buy a small condo from 1965 at an affordable price (everything else in Buckhead is monetarily out of reach). I've owned property before where I house-hacked and made good money off of that, so I now want to start acquiring rental properties within a 30-40 minute drive of where I live. So, what's the issue? In just one year and a half, I've seen prices skyrocket, new humongous and luxurious condominiums are being built everywhere and the few rental properties I find off the usual real estate apps seem to be either dumps or, when very attractive properties, they are bought out almost immediately by cash buyers. Should I then start looking further out of the perimeter? Maybe even completely out of Atlanta? Is there any chance for little amateur without large amounts of cash guys like me? Thank you so much, and I'm sorry I made it a rather long post.

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