All Forum Posts by: David Middleton

@Rush Wall Thank you.  I agree, our finances have been our primary focus and we have made significant progress on that.  We know our current goals are to acquire buy and hold properties for long term cash flow.  Our criteria is a work in progress.  BP has been a great help with that.  We primarily want to stay with something that will not push our leverage too far (if at all).  At least until we have some cash flow coming in to cover some contingencies.  This means low cost acquisition if possible that can use funds over a short period of time to get rent ready.  We could go higher cost and use financing or loans, but do not want to unless it's a great deal and it makes good sense for the numbers.  We are planning to attend a GaREIA and some other local groups so we'll be showing our faces in the next few months.

No problem.  Thanks for responding.  This is all about relationships and connections.  Today's introduction is tomorrow's help.  :)

You are correct on several things.  We want to start somewhere close to where we live (McDonough) but also something inexpensive to buy and hold.  We don't mind putting in work but are not ready for a complete teardown/rebuild.  Maybe something in between rent ready and where we can add plenty of value.  Generally speaking we are trying to stay south of Atlanta within an hour or two drive.

Great idea.  Thanks for that tip!

Thank you!  I am reaching out to our agent that sold us our house, but she mostly focused on North of Atlanta.  Will be reaching out to an agent advertising they work with investors down south also.  Would be great to find a few reputable wholesalers for these areas.

My wife and I are wanting to begin acquiring some rentals but need some guidance. We have been to previous REI meetings when we were in another state but really didn't see much value from that at the time. Lots of bad advice, lots of inexperienced people or shady characters. Because of this, we are not looking to pay for a "mentor" "coach" "training" etc. but want to talk with someone willing to spend a bit of time to answer a few questions, guide us on next steps, etc. What should we do next? Talk to a RE Agent, banker, hard money lender, etc? How do we find trustworthy folks to talk with about investing (other than BiggerPockets)?

We are not looking for any "offers" "great deals" or anything else anyone is selling right now.  We have just about read too many articles, posts, etc. to drive us crazy.  We need to take the next step and need to really understand our options (risk/effort/reward).