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All Forum Posts by: Justin Phillips

Justin Phillips has started 2 posts and replied 13 times.

Post: I QUIT THE CUBE!!!!!

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5

@Dean R. Congrats! Good to see others doing well in the market I’m in that I can look up to!

Post: Where are my Atlanta BRRR

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5

@Daryl Askew Right here brother!

Post: Newbie Needs Solid Advice

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5

@Mark Fries if he doesn’t take you up on it, I will! haha

Post: Newbie from Houston living in Atlanta that needs HELP!

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5
Originally posted by @Isaac Hebron:
@Justin Phillips find yourself a slam dunk deal and you won’t have the mindset of sinking all your cash. You will say I want to invest all my cash in this deal because it’s a slam dunk. I was in your shoes before.

Good point! Now it’s time to find that slam dunk haha! 

Post: Need a Second Opinion on an Atlanta Multifamily Deal

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5
Originally posted by @Mike Krieg:

There are great multifamily analysis tools available here on BP. Check those out. 

Thanks! Will do. 

Post: Need a Second Opinion on an Atlanta Multifamily Deal

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5

Hey everyone,

I'm relatively new to the investing world but I have been lucky enough to have a deal come across my email that seems very promising! I have done the proper analysis on the property but would love to have another set of eyes that may be more seasoned than mine to take a look at the deal since this will be my first of many! Feel free to PM me or reply to this thread and I will either email or message you the details on the property. I really appreciate any help that comes my way!

Thanks a ton,

Justin Phillips

Post: Newbie from Houston living in Atlanta that needs HELP!

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5
Hey @Isaac Hebron:

I think I am going to stay away from sinking all my cash into one deal but I am going to use the BRRRR method for my investment strategy! I'm super excited to get started and get some cashflow created!

Thanks,

Justin

Post: Newbie from Houston living in Atlanta that needs HELP!

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5
Hey @Jingru Sui:


I agree that investing where you live is a good way to get your hands dirty and that is what I plan to do. Thanks so much for the support! And you're right, I have been getting amazing answers, I love BiggerPockets haha!

Post: Newbie from Houston living in Atlanta that needs HELP!

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5

I am going to go for multifamily! In fact, I have my eyes on my first duplex now and I am hoping to close this week! I have taken the last few months to study this game and I feel decently confident but I will admit I think I can improve my analysis abilities. I have connections in Houston but I am here in ATL, so I wanted to get hands on with my first project, let me know what you think about that! I will send you a private message now and I definitely appreciate the advice! It will not go misused!

Thanks,

Justin

Post: Newbie from Houston living in Atlanta that needs HELP!

Justin PhillipsPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 13
  • Votes 5

I plan on investing in multifamily homes in the surrounding cities of Atlanta (and hopefully some closer to the city as well). I will focus on upcoming cities like union city, lakewood and etc. I will acquire these assets by using my own capital for the down payment accompanied by debt services from local banks/credit unions. I will buy the homes, rehab them, rent them, then refinance them into a better loan in which I then pay myself back and use the left over cash to get into more deals! The property will then be a buy and hold asset I will keep for the long term and sell whenever I feel necessary. Feel free to give any constructive criticism please!