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All Forum Posts by: Eric Blackwell

Eric Blackwell has started 2 posts and replied 9 times.

Quote from @Kennesha Powell:

Hello Brice and James, I would love to speak with you as I'm interested in investing in multi-family properties in the Macon area as well. Thanks.


 Kennesha, 

Did you ever start investing in Macon? If so, I would love to hear about the experience. 

Eric

Post: Chattanooga wholesale house

Eric BlackwellPosted
  • Atlanta, GA
  • Posts 9
  • Votes 3
Quote from @Alec Anderson:

Investment Info:

Single-family residence wholesale investment.

Sale price: $78,000

This one was gutted and rehab started. Had nice curb appeal and in a part of town that is starting to gentrify


 Can you send me the details over DM. 

Post: Looking into Macon GA

Eric BlackwellPosted
  • Atlanta, GA
  • Posts 9
  • Votes 3
Quote from @Tasheena Cole:

@Eric Blackwell was thinking the same thing, but am hesitating as my initial research doesn't show a ton of growth and seems it may be difficult to get stable tenants year after year. It's still on the list though, and would love to know if you decide to purchase there, what you find. I'll be starting to scout on the ground in a few weeks, to narrow down areas to buy.

I see interesting properties in Macon from time to time and continue to look there but have not started to assemble a team there. From what I've heard, you really have to know the area, so I am still searching for a team that I can trust before making a move. Have you started to invest there?

Post: Looking into Macon GA

Eric BlackwellPosted
  • Atlanta, GA
  • Posts 9
  • Votes 3
Quote from @Andrew Postell:

@Eric Blackwell this might go back to "invest in what you know".  So I only invest in 2 areas of the country - even though other areas might be more "profitable" - because that's where my networks are.  One area is where I live, which is a very affordable and good rental market with a great network.  The other area is out of state.  In the out of state area, I already have an established network of people that I trust.  When investing from a distance you may never see your property.  You MUST have a trustworthy group of people in that scenario.  So go with the area that you know.  That's usually the best method.  Try posting in the Georgia state forum on Bigger Pockets.  They recently changed their forums a little but I think you can still find the state forums somewhere...maybe.

Thanks for this. I agree, however the Atlanta market has seen home values explode in the last 24 months. It makes starting out in my market very tough. I am focused on growing my network in markets that are more affordable. Thank you for taking the time to respond. It is great to hear from people with more experience. 

Post: Looking into Macon GA

Eric BlackwellPosted
  • Atlanta, GA
  • Posts 9
  • Votes 3

I am a new investor in the Atlanta area looking to implement a BRRR strategy in Macon. I am currently looking for my core 4 in the area and interested in hearing thoughts, investment experience and recommendation concerning the Macon area.

I welcome all thoughts, 

Eric

Originally posted by @Christopher Burge:

@Phillip Moses - Based off what you said you likely cannot make it but there is an event this Thursday 1/20/22 at 6:30pm EST hosted by FlipCo. Here is the link: https://www.biggerpockets.com/...

I am very interested in getting the Chattanooga REIA back up and active again as well.

Thank you for mentioning this. I will not be able to make this one, but will work on making the next. Is there a list that I need to be on for notifications? 

Dan, I would love to connect. Let me send you a PM. 

Originally posted by @Dan Beaulieu:
Originally posted by @Ryan Blake:

I suggest getting in contact with @Dan Beaulieu. He is an investor and lender in Chatt and knows the area well.

Thank you Ryan! 

I've been doing BRRRR in Chattanooga for 5 years and have been through a few different PMs, bad contractors and subs, Title companies, and the whole works. I'd be happy to introduce you to my current rockstar team, and some wholesalers, and help you get off to a great start. Helping new investors get started is my passion :)

Thank you to everyone that replied. You have getting me a lot to think about and look up. 

I am a new investor looking in the Chattanooga area focused on the BRRR strategy. I currently live in GA, so looking to invest across state lines. I am looking for to build a team and focused on building my Big 4 (Agent, Lender, Property Manager, Contractor). I am looking for any suggestions and referrals on whom I should meet with. Any help would be appreciated.

Thank you!