All Forum Posts by: Josh Bowser

John - come to GAREIA events and you'll get connected with the right people. There is a multifamily and commercial even that meets once a month - that'll probably be a good starting place for you. 

https://gareia.com/

Latresa - do you have this deal under control?

We use visually sold for all of our listings. Locally owned / operated, very professional, and have awesome service:

https://visuallysold.com/

 Shane - which counties / towns are you active in south of Atlanta?

Through Padsplit - average duration of stay is right around 11 months over the broad market in Atlanta. Personally, we've signed room rental leases for 6 months and kick it over to MTM after that in Kennesaw. In all honesty, it's going to be dependent in your particular area and why people are moving there. I've heard of folks having no issue sign short term / mid term leases in areas like Newnan, Fayetteville, Peachtree City ect.

I think you'd be hardpressed to sign yearly room rental leases and not sure you would want to either for flexibility reasons - however, you might get someone on a MTM that just wants to stay.

Cade - great speaking with you the other day my friend. You have a bright future in the RE world if you keep after it. 

Keep doing what you're doing and putting yourself out there!

Carlos - congrats on the success so far!

From what I am seeing/hearing, there is room rental demand just about everywhere in the country. Great way to test demand would be to poke around Facebook housing groups in your area to see what rooms are going for and how many people are on there looking for rooms to rent. You can even post a 'tester' listing on FB marketplace/Craigslist/Zillow/furnishedFinder ect to see what demand looks like.

I work with a ton of Coliving investors in Atlanta that operate on the padsplit platform - lot of demand here due to the discount you can rent a room for vs. going out and renting an apartment.

If rents are relatively expensive in Cape Coral - good chance there is a lot of demand for individual room rentals.

@Michael Dumler - do we know anyone in the ATL market that specializes in VA loans?

Justin - Give me a call and walk me through what you're trying to do (number on profile). We can likely find someone that can better assist you at the bare minimum. 

Mansi - I have a good friend in the space where their team does a little bit of everything.

Shoot me a PM or call me (contact info in bio) and I'd be happy to connect you after a quick chat.

Shane - I'd drive around that town and call every commercial leasing broker to get their opinion on highest and best use. Also, find a local REIA meeting and network with local investors to do the same. Everyone is generally pretty happy to help

BP - need some help here!

I'm a full time investor focused Realtor in the Atlanta metro. I invested in a smaller multifamily deal (24 units) with my buddy where I am 100% passive. We've gotten our K1 back and there is a decent chunk of bonus depreciation there. I will not meet the matierial participation requirements for this deal. I'm waiting for feedback from my accountant on this one but wanted to see what the community has to say about this.

Am I able to take this 'passive loss' against my 'active income'?

TIA!