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All Forum Posts by: Adam Kam

Adam Kam has started 2 posts and replied 6 times.

Atlanta Real Estate Forum

Post: Atlanta suburbs Riverdale and Hampton

Adam KamPosted
  • Investor
  • Little Neck, NY
  • Posts 6
  • Votes 0

Also, can anybody recommend good property managers in this area?

0 Votes
Atlanta, Georgia
Atlanta Real Estate Forum

Post: Atlanta suburbs Riverdale and Hampton

Adam KamPosted
  • Investor
  • Little Neck, NY
  • Posts 6
  • Votes 0

Sounds like you are describing Riverdale. How is Hampton? This area looks like its about 30 miles away from downtown. CAP rates around 10 in those areas?

0 Votes
Atlanta, Georgia
Atlanta Real Estate Forum

Post: Atlanta suburbs Riverdale and Hampton

Adam KamPosted
  • Investor
  • Little Neck, NY
  • Posts 6
  • Votes 0

I am an out of town investor and I saw some opportunities south of the airport such as Riverdale and Hampton. My intent is to buy rental properties, and I saw a few deals with townhouses. Anyone have any information about these areas in terms of what kind of CAP rates I can expect? HOA fees in these areas seems to be low. Are these rough neighborhoods and will these properties be tough to manage?

Thanks all!

0 Votes
Atlanta, Georgia
Real Estate Deal Analysis & Advice

Post: pre approved short sale

Adam KamPosted
  • Investor
  • Little Neck, NY
  • Posts 6
  • Votes 0

100x the monthly rent for flips or rentals?

0 Votes
Real Estate Deal Analysis & Advice

Post: pre approved short sale

Adam KamPosted
  • Investor
  • Little Neck, NY
  • Posts 6
  • Votes 0

well, title is free and clear. 190-195 is the ARV

0 Votes
Real Estate Deal Analysis & Advice

Post: pre approved short sale

Adam KamPosted
  • Investor
  • Little Neck, NY
  • Posts 6
  • Votes 0

Hello, I want to bounce this off the forum.

I have a pre approved short sale with the following details:

short sale price 155k

market value  190k

rent 1250/month

taxes 900

insurance 500

6k to 10k of renovations

cash deal

What does everyone think?

0 Votes