All Forum Posts by: Ethan Bennett

Calhoun, Ga in Gordon county? 

I'm trying to find/build a super niche list. 

Condos/townhomes that are all owned by a single landlord, not individually owned. I came across a 14 unit condo/townhome complex by chance in my hometown but I don't know how or even where to start finding other properties like this one. 

I appreciate everyone's response and support! My plan is to continue down the path I've started, looking for off market, undervalued 1-4 units and use Deal Machine and I also have Land Glide to try to reach the owners. If I can get one under contract the plan is to either BRRRR myself or wholesale it (hoping finding a buyer won't be too bad if it's the right deal).

Continue to research MHPs and storage as I really like both of those or the idea. I was really interested in the business AJ Osborne is running but I also know that in my area there is a severe shortage of nice, clean, affordable housing. 

I need some help/clarity/guidance/or tough love. Prepare for a little long winded ramble. 

I've been listening to Bigger Pockets for several years now but have yet to purchase my first investment. I know a little about a lot of investment strategies and every podcast I listen to I feel like I get "shiny object syndrome" and spend another week trying to learn about another strategy. 

SFH, small mutli, MHPs, wholesaling, self storage, land flipping, commercial, etc

I've recently talked to a hard money lender and gotten preapproved for a HML. I've always been a fan of the BRRRR strategy but lately I see that BRRRR can apply to ANY investment class. I live in a more suburban area about an hour north of Atlanta, GA with several potential areas I would invest with populations in the 50k-100k range.

I'm in outside sales so have some time and schedule flexibility. I don't hate my job but would rather be my own boss a lot sooner than later. I know the answer is to just take action but in today's market and with what all is going on, I hate to say it but I don't want to waste my time at something that is not going to work, IE if I went all in on wholesaling and nobody is buying properties or all in on self storage and my market is saturated. 

Essentially I'm just looking for a lifeline to phone a friend. About to close on the sell of our first home that we renovated ourselves and will make a small profit. I love real estate as a whole because there are SO many strategies, but I think about Brandon's building bridges analogy and know that I need to just figure something out and stick with it, then I can try something else. 

I'm trying to go all in on the MHP niche. I've listened to all the podcasts and read my fair share of posts but now it's time for action. Trying to analyze the deal but it's not as easy as using the biggerpockets rental calculator. 

$345K with possible owner finance at higher price 

(7 Lot rents at 250(includes water)

9 Park owned homes with various rent amounts(see rent roll)

Owner does pay for water and a dumpster. 

Lots are on septic

Any help or advise would be greatly appreciated!

I'm still trying to learn as much as I can, working on saving to have capital to invest. I'm from Dalton, work in Calhoun, and my wife is from Rome so I am all over North GA!