All Forum Posts by: Chantal Jones

Hello BP...I just acquired a 3/2 home in Macon, GA that I'm interested in leasing out to a licensed operator to use as a personal care home.  (It'll be considered personal care as opposed to assisted living because of the size).

I have two interested parties who would like to rent it out, but my dilemma at this point is actually figuring out just how much to charge for rent, in addition to what I'm responsible for making adjustments on as the owner.  It still needs to have the ramp added.  I've already been advised that because it can serve 4 clients max and the size of the home - that it can be used for this purpose without any zoning issues.

I'd ideally like to do a commercial NNN lease where the operator handles everything, but would love to speak with someone else who has already done this to see what they've successfully implemented in the past.

Has anyone ever done this in Macon-Bibb County, or in GA overall?

Hi @Stacey Thomas - I have a RALF available if your client is still looking.  It's in Macon, GA

Hi @John Park - apologies for the delay in responding.  No, I never ended up investing in the Montgomery area.  But, I trust @Joseph Back - he was super helpful when I initially inquired as well!

Afternoon - I recently came across a portfolio of 13 SFHs in Montgomery that I'm about to run numbers on.  They're in the 36105, 36106, 36107, 36110, 36111 zip codes.  Around South Hull, Cloverdale, Arlington, Capitol Heights, one close to Woodley East Estates. 

Could anyone advise generally if these are good areas to invest in?  The majority of them are already occupied, it's a mix of tenants and owner-occs with a bond for title in place.

I always look at the job market and new developments going on in the area, but I don't know how Covid has impacted that over the past few months.  Could anyone provide insight into this as well?

Any advice would be greatly appreciated!  Along with whatever you'd want to share.

I'm currently in the ATL area, so I would probably get a prop mgmt team in place.

Thanks so much @Jessica Lewis!  It's been a few weeks now and I seriously think I may need to make a trip down, as I'm hitting a wall somewhat up here in the city.  I'll reach out.

Thank you so much @Zach Westerfield!

Happy Investing!

I recently relocated to ATL to get started with my investing. I was doing corporate housing (which I loved) for a few months via rental arbitrage, but pulled back on it when my leases came to an end during the COVID-19. I decided it would be wise to purchase because of certain things that occurred when the pandemic hit. Also became a licensed agent during the quarantine time, so it's provided me with the opportunity to look under the hood so to speak and not have to depend on an agent to provide me with any metrics/info.

Because I'm a firm believer in leveraging OPM and I'll also be a first-time homebuyer, I plan on using FHA. I'm only interested in MFHs, and will be househacking for the first year. I'm looking into some cities outside of the ATL area bc there are very little tris and quads in the city, nor would I feel 100% safe living in certain areas of ATL itself. At the moment, I live just OTP (but of course the price points are higher out here).

I've yet to venture out into other parts of Georgia. I've been interested in Macon bc of the lower price point, but am not sure of the safety factor. My research leads me to believe that there are certain areas I should stay away from. Ideally, I'd love to use one unit within the MFH as an LTR and screen for a tenant who has a voucher for affordable housing and use another unit as a STR (preferably for corporate housing).

Can any Macon investors/residents provide any insight as to where would be the best areas of Macon for a single woman to live? I'm from Brooklyn, so I can handle myself, but the South is a totally different ball game regarding how one "handles" themselves and I haven't gotten to that point just yet.

Or if you would suggest a different area entirely, I'm open to hearing about it. Any insight would be greatly appreciated. I'll probably be taking a drive out to Macon this weekend to actually check out the area further, so if anyone is free to connect - please let me know.

And if anyone needs assistance on anything coming onto your particular market in Georgia, I'd be more than happy to assist.

Happy Sunday/Investing!

I recently relocated to ATL to get started with my investing.  I was doing corporate housing (which I loved) for a few months via rental arbitrage, but pulled back on it when my leases came to an end during the COVID-19.  I decided it would be wise to purchase because of certain things that occurred when the pandemic hit.  Also became a licensed agent during the quarantine time, so it's provided me with the opportunity to look under the hood so to speak and not have to depend on an agent to provide me with any metrics/info.

Because I'm a firm believer in leveraging OPM and I'll also be a first-time homebuyer, I plan on using FHA. I'm only interested in MFHs, and will be househacking for the first year. I'm looking into some cities outside of the ATL area bc there are very little tris and quads in the city, nor would I feel 100% safe living in certain areas of ATL itself. At the moment, I live just OTP (but of course the price points are higher out here).

I've yet to venture out into other parts of Georgia. I've been interested in Macon bc of the lower price point, but am not sure of the safety factor. My research leads me to believe that there are certain areas I should stay away from. Ideally, I'd love to use one unit within the MFH as an LTR and screen for a tenant who has a voucher for affordable housing and use another unit as a STR (preferably for corporate housing).

Can any Macon investors/residents provide any insight as to where would be the best areas of Macon for a single woman to live?  I'm from Brooklyn, so I can handle myself, but the South is a totally different ball game regarding how one "handles" themselves and I haven't gotten to that point just yet.

Or if you would suggest a different area entirely, I'm open to hearing about it.  Any insight would be greatly appreciated.   I'll probably be taking a drive out to Macon this weekend to actually check out the area further, so if anyone is free to connect - please let me know.

And if anyone needs assistance on anything coming onto your particular market in Georgia, I'd be more than happy to assist.

Thanks @Mike Anderson!

Hi @Riley Oder.  I'm currently a newbie investor, and recently passed my RE License exam this past Monday.  So, I'm excited to get started.  But we have similar goals, as I'd like to work more with investors as well.  Would love to connect!