All Forum Posts by: Holly Barrett

I love this, thanks for sharing. Moral of the story - Top 4 MSA's still good horses to bet on? I can't speak for the other MSA's, but I think North GA there is so much room for growth, location b/w regional airports is helpful, and I'm excited to see where Kemps focus on attracting Green Energy MFG to GA will take us. 

I'm partial to North of ATL - There are a lot of major job adding investments / expansions happening in Hall County, Cartersville, and Dalton areas - We are desparate for more rentals (even mobile homes rent for $1500+ in North GA) So theres a huge need all over here - but we have a major housing shortage still as well. That said if you are willing to do renos those seem to sit longer. 

Check out the 3K plus jobs being added by QCells alone - https://wraltechwire.com/2023/...

Gov. Kemp wants GA to be THE state for green energy MFG (hence his visit to the G20 Summit). If QCells is focused on North GA, with our lower crime, beauty, less traffic, and proximity to other regional airports as well as ATL, my money is on North GA for continued growth. 

Hey Isrrael - I have a good soil survey company up here in Dawsonville I'd be happy to recommend, hit me up on backchannel if you want their info. :)

Sadly our construction financing plan fell apart, so now we are building a pole barn house w/cash to live in until we can make the dream home a reality! I'll be framing the house plans as expensive art on my wall in the meantime ;)

@Elaine Raymond I am happy to hop on a call with you as well. Agree with Michael’s response. I focus on buy and hold investors. :) great to meet you virtually!

@Jessica Long following, I have a client entertaining them. Anyone out there use them?

As a realtor, in my humble opinion, I am not a fan of double sided deals - I have super successful realtor friends that do it, but I choose not to. I think it can get messy, opening yourself up to litigation issues. For me if a buyer approaches me directly w/o a realtor and wants to put in an offer on my listing I would refer them to another agent (and take a referral check, bonus!). I believe this is better for all parties. Just my two cents.

@Stephen Rinaldi

I totally agree. Demand has lessened and institutional investors are pulling back, so now is the time for mom and pop to start writing offers. If they wait for blood in the streets, they’ll be competing with institutional again and we don’t really know if that day will come, not anytime soon imo based upon our undersupply issue still ongoing (though trending towards). If they wait for rates to drop, what number is the ideal magic rate for them? The fed has made it quite clear to expect continued increases this year and we are still at 6-8% inflation so until we are back to a steady 2% rates are not likely to make a big move down…could be waiting a lifetime for your magic number!

So I'm comparing them w/Foremost on our Short Term Rentals, the quotes are $500-$1000 less than I am currently paying for each property per year. However, I notice that Personal Injury is not included and I'm thinking that may be important to have for a Short Term Rental. There's also no Personal Property coverage, which is not a deal breaker to me. Thoughts?

A lot of great tips above. It really depends on so many factors - your time, the purpose of the license, the fees involved, the TIME, the TIME, lol, I started as an investor and became a realtor later but not really to benefit my investing, more as a career that works well with my mom and investor lifestyle. If you are keeping a FT job and you want to invest I would not become a realtor. Focus on the investing and building a relationship w/an investor savvy realtor in the area you want to invest in. If you want to flip, sure it makes sense, but I would still say start out by learning from a realtor - even if you do flip as a realtor I wouldn't want to list my own property solo until I'd done a handful of listings 50/50 w/a mentor anyway. Either way you'll do great things!

Welcome to the party Nilesh!