All Forum Posts by: Lucien Gautreau

@Mindy Jensen Thanks a ton for sharing this. BP does it again! :) Totally an awesome, and very practical tool! Looking forward to it! 

@Kim Meredith Hampton Thanks a ton for those recommendations! I'll definitely be reaching out to them! Thanks again! I appreciate you reaching out! 

@Shannon Duffins Fantastic! I'll be reaching out to you/your team shortly as well! 

Hey Guys/Gals 

After doing quite a bit of research, I am very interested to the greater Atlanta market. My main focus is Cash-On-Cash ROI and Cashflow areas. I am looking at C classes (mostly) areas for SF Homes ranging from 40-80K and potentially 2-4 units as well at an increased budget also.

I'm looking to build a portfolio of properties in the area. However, before I pull the trigger, I am looking for good Realtors and Property Management teams that really knows the area that work with Out of State investors. 

Any help or recommendations anyone would have, would greatly be appreciated! 

Thanks in advance!
Lucien 

 Wow, very information answer and feedback! Thank you! 

As I've mentioned on the previous comment, the military base is big plus. Typically that is great for rentals and usually some of the best tenants! 

Again, awesome feedback on PHX rental market! So, may I ask if that is relatively the same across several sub-cities like Tempe, Mesa, Gilbert and Chandler? Or you may expect the rents to drop in those areas..?! base on the same criteria. 150-200K SF home $1200-$1400 rental rate? Is there any city that would yield higher rental rates vs. another? 

And am I accurate with property taxes being so low..  on a $120K SF home in north Phx I'm getting $962/yr... which is ridiculously cheap compared to other states. Does this seem accurate? 

Once again, thanks a ton! It's definitely appreciated! 

 
Great information Naftali! I anticipated that perhaps your 1, 2 and 3 points would be the case. Specifically number 1. Which I was afraid of. 

Great to know that there is an Air-Force base, that typically is good for rentals and usually some of the best tenants.

Definitely appreciate your info! I'm going to keep looking, I'm very interested in the Metro PHX, along with Tempe, Mesa, Chandler etc. 

Hi Guys, 
I know the prices have gone up in Phoenix in the past several years. I've made 2 trips there and it's impressive to see the changes in 6-10 months in the market. 

However, after analyzing several markets, I realized that the Property Taxes and Insurance in greater Phoenix is actually really cheap and good for cash flow. So I'm now again actively looking at the market. 

My question is, Im now looking for Single family homes and Tucson AZ seems to have way more options and newer homes for the price range I'm looking for. So I'm wondering if anyone knows or have any feedback on the Tucson AZ market? Is it a good Buy and Hold rental market for long term? Good cash flow market? 

I know lots about the Phoenix/Scottsdale market, but never took Tucson in consideration or even seen it. 
So any insight would be appreciate! 

Thanks!
Lucien 

Hi Eric,
I also went through the "Interview" with their team last year. As I recall, they required a large amount of capital upfront to get started. After taking the time to think/pray over it, I came to the conclusion that the money is way better off spent on putting it on a down payment on an actual real estate property. Plus investing so much and not knowing the result, for me that's gambling your hard earned money. I'd much rather go for a sure shot or the real thing. They seem like great people however. I'd recommend really taking the time to think it over and see if it's really your best option. 

Good luck! 
Lucien

@Tom Burks Thanks Tom! I look online all the time, but I don't know if I've seen these sites yet! Nonetheless, I'll definitely be checking it out! :) 

@Georgui Kasaev Thanks a ton! Yes Canadian prices are ridiculous in most parts of Canada. I've worked and traveled the entire country and it's scary what im seeing! 
Ohh wow, your in Athens, yeah, I don't know the avg rents right now, but I've seen some of the cheapest properties there. So, i'm very excited to check it out! I'd love to connect! I'll send you a message! Thanks! 

 Yeah, I hear you! I hear lots on Tampa, Dallas and those prime areas, but I don't hear much on San Antonio... no one seems to be talking about it...?! Seems like the same or better returns than Dallas and Houston.