All Forum Posts by: Margaret B.

@Jeffrey Long @Tom Your detailed info should help others to be very careful on a beach investment 

@Tom Valichkaundefined. Good advice!

@Susanna B. This past winter, I investigated the possibility of a beach property to be thru AirBNB or VRBO in The Florida panhandle (especially Panama City) or Myrtle Beach, SC, etc. The numbers did not work; the HOA and 40% management fees threw the numbers into negative cash flow.

Instead, I purchased an NEW duplex near the University of Georgia.  although major maintenance is not anticipated, I budgeted for it anyway, and my estimated net cash flow figured was to be $900!  Needless to say, I'm very pleased and searching for something with similar results.

If you own property in/near the University of Georgia in Athens, I'm seeking a good property manager, and would appreciate your recommendation.  Thanks!

@Jorge Borjas    I'm also interested in this property ... are you certain there is not an association fee?  email [email protected].

@Steve S.  Am a new investor; pulled some un-invested cash from stockbroker, started SDIRA with Advanta,

@Scott Bower  Please send me a PM reference how syndication works, what you have, $ needed to invest, etc.

@Adrian Stamer  First Western Federal, Jeff Fullerton, may be able to help ... 402 Main Street, Rapid City, SD, loans all states, specializes in non-recourse loans ... BP wouldn't let give you phone #

@Joseph Cobern Yes, I may be interested ... please reply with details to branch_margaret@yahoo

@Joseph Cobern  Is your property located at Riverside Court, Conyers still available?

Hi, Jared! It's a great idea, and I suggest not limiting to just "northsiders" ... We all need networking! As far as location, perhaps a HOA clubhouse? I know Pappadeaux's restaurant in Marietta at I-75 & Windy Hill has separate meeting rooms with doors that close so you could hear whoever is speaking. Keep BP informed!