All Forum Posts by: Harsh R.

Hi Danielle, yes this was purchased as a commercial deal. However it's 4 units each on 3 parcels, so it could have (theoretically) been purchased as multiple residential deals. 

Hi BP Community,

I recently purchased 3 fourplexes in side-by-side (3) parcels, across approximately 0.8 to 0.9 acres, in South Phoenix. This property has tons of excess land and paved parking, and just anecdotally it would seem possible to extend either one of the structures to add 1-2 additional units.  

I'm curious if anyone has done this before, and if they've successfully worked with a GC they can recommend? I'm ideally looking for someone who can assist in everything from cradle to grave, permits included. Thanks for chiming in.

Cheers,
Harsh

Thank you @Mark McMinn, @Jenna Parker, and @Matthew Nicklin for the insightful feedback here.

If you guys have any property management recommendations, would love to get some feedback there. I'm happy to pay a higher flat %, to avoid new/renewal leasing fees, maintenance fees etc. 

@VinothKumar Ganapathy That's good data. Thanks for the insight.

@Jay Sausmer I agree, just looking at what's listed on the MLS, it's clear that these areas will cash flow. Keeping my eyes peeled on Decatur!

@VinothKumar Ganapathy were you able to achieve those rents? If so, that's a great yield. 

@Alejandro Vargas Appreciate the input here on Acworth and Kennesaw! Will definitely check these out. 

@John Powell Thanks for the comp! 

@Matthew Nicklin Great to know Matthew, thanks. Do you have specific recommendations on certain suburbs? Curious to know where your last rental listing was. This is a great statistic!

Hi BiggerPockets Community,

We are looking into purchasing a 2-3BD SFR in suburban Atlanta (DeKalb, Gwinnett or Cobb County) within the $180K to $260K range, with a goal towards cashflowing the investment at 25-35% downpayment. Ideally these should rent north of $1,350 monthly. Curious to get the community's thoughts on potential cities/neighborhoods you would look at. We were focusing on Lawrenceville, Decatur, Duluth, Marietta, Snelville, Lilburn, Dacula as potential markets, among a few others.

Do you guys believe there is enough depth/demand in the SFR rental market, where these could be leased within 2-3 weeks if listed at a reasonable price? Or should I be focusing ITP for SFR rentals?

Lastly, looking for a property management firm as well. Please let me know if you have any recommendations!

Cheers,
Harsh

100% across 2 units in Nashville, and 7 units in Chandler, AZ (Phoenix MSA). 

and I meant to add, thank you for the recommendations. I will reach out to the contacts you provided above. 

@Devan Mcclish yes I would need a property manager as well. Let's connect when you get a chance!

Hi all, I'm under contract to purchase a duplex in the North Nashville / Elizabeth Park area. Does anyone have a recommendation for a good physical inspector? Ideally this would be someone who can scope out the sewer/plumbing as well. 

Thank you!