Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Mark Gong-Guy

Mark Gong-Guy has started 1 posts and replied 4 times.

Post: Purchasing Next Property in GA

Mark Gong-GuyPosted
  • Posts 4
  • Votes 1

Thank you all for your comments this definitely gives me an idea of the market and next steps. Any experience or recommendation for lenders if I decide to use leverage vs cash?

Post: Purchasing Next Property in GA

Mark Gong-GuyPosted
  • Posts 4
  • Votes 1

Agreed some really helpful comments! I appreciate everyone's time. Similar question to Jarryed; I would imagine risk has a huge play in if leverage vs cash is used. What factors do you all consider when determining to use leverage vs. cash? 

Or put another way given the return and current interest rates when would it be appropriate to use cash?

For properties was initially thinking single families but I'm open to suggestions - I'm very new to this and just want to utilize these funds wisely

Post: Purchasing Next Property in GA

Mark Gong-GuyPosted
  • Posts 4
  • Votes 1

Thank you so much! That's really helpful. From a market perspective do you see growth in the next few years in GA or do you think TN or TX are going to experience more growth?

Post: Purchasing Next Property in GA

Mark Gong-GuyPosted
  • Posts 4
  • Votes 1

I'm relatively new to real estate. Bought a property in Dallas, GA in cash and it's been cash flowing for a few months now (3 months). I have the capital to pay cash (200k) for another property but curious what the market looks like in GA or if I should be looking elsewhere. 

I'm currently using a property management company that only charges 5% and it's been a relatively good experience. Should I purchase another property in GA or look in TN or TX? 

Are there better times to buy (month)?

End goal is to have properties cash flow about 5k (currently at 1.6k)

Thanks for the help and advice!