All Forum Posts by: Ryan Hampton

@Dave DeMarinis

Ah, so then it becomes a game of optimizing around gettin those students in the fall. I see the potential risks there, and I'm sure renters are aggressive about trying to get their houses booked.

Is there an alternative niche within the multifamily rental category that you'd suggest I look into? 

What strategy did you end up going with?

Day job: Embedded software development consulting

Hustles: New ventures, REI

@Eric Kenney

Wow, seriously thanks for such a detailed response, I'd definitely like to connect.

Specifically, it would be good to hear more about the trends you see in the market (types of homes, certain street values going up, etc.). 

I'll follow up with you in a DM if you don't mind :)

@Basit Siddiqi

I see, great points about a bar still being legit. I think I'll take your advice to either see if some meetup exists or just form my own. Then I don't have to host at my place and pay $$$ for food and all that. Monday - Wednesday would probably be best at a bar in a college town.

Any advice for how to connect with a great CPA in that area to consult with?

Thanks!

@Matthew Poulos

Great to know there are so many opportunities for both college and military -- I'd not even considered that option. Are the same characteristics that apply to college renters typically those at play with military renters? I mean, are there any differences in your experience?

I'll for sure DM you regarding real estate agent connections. 

You gave me some gems to run with so thanks so much for your input. Be well!

Disclaimer: I'm a first time poster so please bear with me.

I'm a Michigander moving to Savannah Georgia (well, Richmond Hill) late this summer (2020). I've only been cranking on my real estate investment education for a month now, but I'm a quick study. I'm looking for multi-family residential or small apartment complex rental properties. If the deal is good and the numbers work, I've got cash to cover up to 20% (probably).

I know I need to build up a team of players around me (real estate agent, lenders, lawyer, CPA, etc.). How can I go about starting this? The Meetups in the area don't look very active and I'm not a drinker so would prefer to avoid bars for networking.

How can I hit the ground running and purchase a property within a few months of moving in (move in date = mid-late this summer)? I'm almost thinking of a plan to find tenants that are college kids whose responsible parents are footing the bill. Maybe a sorority/fraternity type deal. Is there a strategy that exists like this or would the market likely be monopolized for that type of housing? I'm talking local colleges and SCAD.

Thanks for taking the time to read and please respond even if you don't have Savannah market experience specifically. Take care and dream big!