All Forum Posts by: Russell Schoepf

Hey Brady, I have been in property management for some time and as well have lived in and around Atlanta my whole life. Can you guess where I took this picture? I am not sure how rural you are interested in looking. As far as buy and hold, or BRRRR, Buford and Gainesville can be some great areas to look. Buford city has one of the best school districts in GA. When you look further out of the city it seems you have less competition at foreclosure auction as well. Even less with the Attorney auctions. I was looking at an investment property in Gainesville yesterday. Contained several rental homes as well as two unused chicken barns. If you wanted to get creative you could contract with one of the major chicken processors in Gainesville and find a tenant who can manage the operation. You do not need to be in Atlanta to find a good rental. Main factors I would look at would be your COC return, potential for added value on the property, quality of employers in the area, future plans for development, school districts, etc.. Feel free to DM me, would enjoy reviewing anything that you find interesting

Last comment, I have seen many shotty roof replacement jobs. The seller will most likely go with the most affordable option available. You need to vet the company they used and see if they are insured and there a warranty on their work

Hey Keegan, I work with All County Expert Property Management here in Atlanta. I agree with Mitch that your vacancy rate is too low. Here in Atlanta it is especially important to have a strong understanding of the surrounding area your rental is located in. Your coc return can go south quickly with eviction proceedings and unexpected capx issues once your tenant moves in. You need a quality contractor to provide an accurate rehab budget. This should be included with your down payment to get the most accurate coc return. Being a property manager for several years as well as being a certified home inspector, I have managed any issue you could imagine. Was this property in South Atlanta? Please IM me if you have any questions, good luck!  

Hey Donald, I know that Renter's Warehouse can have a confusing fee structure. Depending on the state your rental is located, you can file the eviction in order to come up with a court appointed payment plan. Be careful to collect partial payments if you want to go this route. I work with AllCounty Expert Property Management in Atlanta. Where is your property located?

Hey Varun, very convenient to the Dawsonville Outlet Malls, not a bad area. Have you decided on a Property Management company? Previously I was an agent with REDFIN and was a property manager prior to that. I now work with AllCounty Expert Property Management in Cumming. Great company with simple and easy to understand fees. We have around 200 homes currently as well as some commercial property. Please let me know if you have some time to discuss our services, thank you.

Hey Charlton, my name is Russell Schoepf and I currently work in investor relations with All County Property Experts in their Cumming, GA office. We are a property management brokerage with over 30 years of combined experience in the industry. I have personally worked with several investment entities including acquisition at foreclosure auction. I am also a certified Property Inspector. I believe that I can be a valuable asset and can provide you with much of the information you are seeking. Please feel free to follow up at your convenience so that we can discuss. My email is [email protected]. I hope to hear from you soon, thank you

@Robyn Gersh Maybe you should study wholesaling. I am an agent but from an investment standpoint finding the off market deals can be much more lucrative than what is listed on mls, especially if your model is fix and flip.

I'm sure I am not as experienced in real estate investing as many others that have posted here. I am experienced in property management and managed a portfolio of around 230 properties for several years. I do know that the more intimate a property owner gets with their tenant the more complicated these issues get. This is business not friendship. At the end of the day, your tenants will fight to get a lower rent and a better arrangement. Stand by your lease agreement from day 1 and keep a professional relationship.