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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 17 times.

Post: Opportunities from Hurricane Harvey

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4

Do you guys feel people are going to start moving out of Houston now? And how will it affect rental demands?

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4

@Jordan Moorhead Thanks for the advice! It's much appreciated. :)  

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4

@Erwin F . Thanks! You're doing great too! Hope you can accomplish tackle that mortgage.

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4

@patrick thanks! I will definitely need to get that! I read Millionaire Real Estate Investor by Gary Keller, I felt that gave me a great baseline for Real Estate Investing.

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4

Hi Curt, thats amazing accomplishment! Thanks for the tip. What a great way to find multi-family homes?

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4

thanks @Steve K.!

Hi @Travis, thanks for writing. What the best source to use for finding and/or research those multifamily homes? 

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4

Hi @Billie, thanks for posting. I was thinking that! I heard it has great tax benefits. How long did you live in that space? 

-Shub

Originally posted by @Billie Miller:

Have you thought of house hacking? We started out house hacking and it was a great experience. We bought a duplex, lived in one side and rented out the other. We lived for free while we were there, and now that we have moved out, we collet $600 a month in rental cash flow. 

It's a great way to get your living situation taken care of and a rental property bought with great, owner-occupied financing all at the same time.

If you can find a property that cash flows well in Atlanta now, I wouldn't worry too much about it being at the top of the market. Historically, rents haven't been as volatile as housing prices. So even if the value of your property takes a hit, as long as your rent can cover your expenses you'll be ok. 

I heard a saying once that went "The best time to buy real estate was yesterday, the second best time is today."

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4
Hi @linda, thanks for posting. What price range would you recommend for duplex and/or triplex? -Shub :)

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4
Hi Curt Smith thanks for your message. Do you have any rentals in atlanta area? If so, what type and what do you do differently than other investors? Thanks, -Shub :)

Post: If You Were In My Shoes...

Account ClosedPosted
  • Atlanta, GA
  • Posts 17
  • Votes 4
Hi @patrick, thanks for the message. What analyzing tool would you recommend for this? -Shub