Originally posted by @Ali Boone:
Welcome Clint! You sound way fun and being from Atlanta, I can appreciate the Gawwja :) Just got back from there a week ago actually.
Great plan. Just a warning so you don't get unknowingly frustrated, you are going to have an awful time finding good properties under value around Atlanta right now. For two reasons: 1. there are still a lot of big investors and hedge funds there who are eating up all the inventory, making it hard for individuals to find a lot and 2. appraisals in Atlanta are horrible due to a broken appraisal system, so even if in theory you are getting a property under value, the true 'market value' may be impossible to prove.
Hopefully that's not too big of a buzzkill but either way I think you'll do great!
Pleasure to make your acquaintance Ali! I like your style and thank you for the great feedback! Thank you for the heads up on the appraisal system and yes you are 100 about the investors,funds having a big presence. I agree that determining true market value in Atlanta right now is an exercise in craziness but I really am concentrating on networking, acquiring my RE license and educating myself. I'm devoting the next 6 months to these goals as well as telling everyone I come into contact with what I'm trying to accomplish. Just by applying the "law of attraction" the universe has conspired,through regular face to face, to present 2 offmarket deals! Thanks again Ali,keep in touch and I will do the same. By the way Huntington beach is one of my favorite places in the world and taking a 3 day weekend to drive the PCH was one of the most amazing experiences!
All the best to you,
Clint
