All Forum Posts by: Brandon C.

After listening to the ADU expert on BP, it got me thinking. I have a SFH (30318 area code) with awkward stairs to a partial above ground finished basement with exterior entry. I could close off the awkward stairs and make two nice separate living areas, with the basement being ideal as an attached ADU. I'm trying to do my research and it seems promising that this is doable on a R-5 zoned property.

Can anyone point me to contacts or reading materials for zoning and developing ADUs in Atlanta?

Thanks!

@Mitch Messer

Just got my property tax assessments and they've been rising. Would you please send me the info too?

Thank you sir

I've have had a rental property in Georgia for a while and we are pretty happy with it. $50k paid cash returning $700/month and has already gone up in value due to it being in an area with some good developments. I'm assessing another property and it doesn't appear to be as good of a deal ($80k $900/month) but in an area with exciting developments and higher potential for increase in value. I know there's a lot to be said for cash flow returns, but how important is increase in home value and how do you assess if it is worth it?

I'm also starting to realize I may have been naive to buy the first house all cash. I have enough to buy the second all cash (just sitting in a 1.6% ally bank account at the moment) but i'm wondering if I should leverage my money and try and get a conventional loan or possible some kind of HELOC on the value of the first rental. The thing is the second house is through a broker as cash only. Can you get a loan and buy a "cash only" house with it somehow?

I definitely have a lot to read up on the financing portion of the business this week. Thanks for any help in advance.