All Forum Posts by: Grant Vincent

 Understandable concerns...Short answer: Yes, I think people will still buy them. 

Longer answer: 40, 50, 60 year old houses in downtown Alpharetta are currently selling like hotcakes. I don't know what the future holds that far out for Alpharetta, but I suspect it will be "built out" well before then with very few options for new construction and people will be buying houses (at a premium) as teardowns or major renovation projects. This is already happening in Buckhead, Brookhaven, Dunwoody, etc. and those places didn't even emphasize community growth and planning in the same way modern, growth-oriented municipalities like Milton, Alpharetta, and Cumming/Forsyth County do now with town squares, walkability/connectivity, character areas, etc....The old way was just a lot of sprawl. Plus, most people aren't in their first house for 20 years, either. Even if you plan to live in it as a primary for only 5 years or even keep it as a rental, you'll likely have several opportunities to sell it off at a meaningful gain before then, too. 

@Yogendra Joshi, you seem to really value the educational and quality of life benefits your family may realize living in one of the northern suburbs (Alpharetta, Cumming, etc.). 

I've got to echo @Michael Dumler...As an agent, I never recommend timing the market, especially for your primary residence and a "house hack" where you rent out a carriage house or in-law suite may be the best solution to achieve the most overlap among what seems like competing goals. It's not a cash flow positive investment, but an offset.

You mentioned having 120k saved. You didn't say if that amount is just for real estate or if it is every dime to your name. Make sure you have some personal cash reserves, too, like 3-6 months expenses in case medical stuff or work stuff pops up. The craziness in the market is effecting more than just our real estate investments, like layoffs, finding new jobs, etc.

 @Ben Zimmerman This is an old thread, but I want to know all about this! I do outbound marketing, including cold calls. So, in the past, I've chosen to ignore most of the spam. Now, one group has exceeded my patience capacity. How do I pursue this? If nothing else, I'm at the point that I'd simply enjoy a little petty mudslingly. Might as well get paid for it, though! Please tell us how to do it!

 @Duane Alexander, I've seen you advocate for batch dialer on another thread. ReiReply looks pretty awesome and it has a dialer. What do you like more about dialing via Batchdialer over REIReply? Are you saying you use both REIReply and Marketingplex at the same time? Isn't there a bunch of functionality overlap? 

@Branden Jordan, hopefully someone else chimes in on this.

I recently wondered the same thing and thought I understood it to be an unofficial sort of ranking system. I don't think it is an actual designation. May even be somewhat subjective, although I have heard people discussing it in terms of neighborhood metrics...stuff like prices, rents, median incomes, etc.

@Branden Jordan, I'm a broker that speaks investor. 

@Andy Sabisch, thanks for the good input. Can you elaborate on your comment about areas you do not want to be investing? Maybe I can learn something, too!

@Andres Munoz, Technically, this type of deal can work anywhere if the numbers make sense and there are big projects happening in different pockets that will create/drive demand. But I agree, those smaller cities are pretty far. The closer to ATL and the main suburbs, the more you will capture the “general” demand (important for exit). Of course, there may be less expensive deals in those more distant towns. As always, be sure you know your strategy fits your needs.

@Troy Patt

First, I think 40-50 gallons is typical for HWH…at least that’s what I decided after researching possible causes for the boring, lukewarm baths I’ve taken at my own primary residence.

2nd, I’m now trying to decide if it is a matter of volume and my current HWH is simply not large enough to fill my soaking tub. At this point, I also learned that some cartridges in bath/shower fixtures are designed to keep the temp at safe levels to prevent scalding. AND, I learned that the water coming out of the faucet should be around 120 deg.

Easy to check temp at faucet with an instant digital thermometer. If under that, consider changing or adjusting the faucet cartridge (very inexpensive and easy to fix). If it starts hot enough but dips under that amount as the run nears full, maybe go ahead and replace. 100% agree replacing the HWH before failure is the move….when the time is right…maybe it is simply more run volume than HWH volume. I like the idea of tankless but was surprised to learn a lot of big “institutional” buyers steer clear of them because the water damage from a failure can be worse. So, I may make my selection on tank vs tankless based on where it is installed and how you can limit the potential damage. Ex - if it has to be installed upstairs and there’s no way to catch or stop flow during failure that floods a house, maybe it’s not a great choice.

Thanks, @January Johnson! Any film industry-specific takeaways, special terms, or valued property needs/amenities for these folks?

Definitely fancy!