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All Forum Posts by: Rosanna Gonzalez

Rosanna Gonzalez has started 2 posts and replied 6 times.

Thanks everyone..this helps. we are trying to capitalise on our mortgage (which will probably the last one we qualify for a while) as much as possible.

My husband and I are beginning our search for our first rental properties. We are looking at areas like Lithonia, Lawrenceville, McDonough, and Conyers.

It seems like we can get decent 2 unit duplexes in the 70k-80k range and triplex to quads in the 150k range. Does anyone know the pros and cons of breaking up your investments? We are trying to understand if it makes more sense to get 2- 2 unit duplexes or get 1 4 unit quad.

We would get conventional financing with the first property and would do a subject to deal if we went with a second one.

@Luis Montanez ...

Thanks for the reccomendation...We are going on vacation in a few weeks and Ill make sure to bring these along with me for fun reading. Ill reach out once i have a better understanding of the lingo

..

Post: Atlanta meet up Thanks Azeez!

Rosanna GonzalezPosted
  • Kennesaw, GA
  • Posts 6
  • Votes 3

Im sorry I just saw this as and missed a meet up. I'd love to attend the next one...

My husband and I are getting mentally and financially ready to buy our first investment property in Atlanta. We are looking to purchase our first duplex to buy and hold. Initially we have always thought about investing in the Marietta/Kennesaw area or in Norcross. However after digging into BP, many investors recommend investing in “off market” areas. Can someone let me know what cities these would be? We are looking at purchases in the 70-80K range and dont mind properties in need of heavy renovations but are basically looking for decent tenants. We don’t need amazing tenants, just decent. We also need an area where I would be safe going alone (a female).

We have thought about South Atlanta but are concerned with the quality of tenants. Is there a middle ground between South Atlanta and East Cobb for example?

The house looks wonderful julie....Congratulations