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All Forum Posts by: Naga A.

Naga A. has started 30 posts and replied 184 times.

Post: How to find the "average days to rent" in a particular area?

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

I know you can find rent comps rentometer.com and other websites, but how can you find out how long it takes on average for you to rent out a property in a paticular area?

Other than asking a property management company and driving around neighborhood for "for rent" signs (I am an out of state investor, so the latter method is not possible), is there any way (or any website) to find the information?

Even if the demographic data shows a low vacancy rate for a particular area, buying a house in that area does not make sense, if there is very few people looking for a rental house. Thanks,

Post: Atlanta, GA

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

Melissa,

I also invest in ATL market as well. I am a buy and hold investor. Let me know if you have any properties for rental.

Thanks

Post: Landlords - What are all your practical Money savers?

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

Ken Latchers, Michael Lauther

Thank you for tips. I know the best way to find a reliable handyman is through referrals from other (more experienced) investors in the market. But, I've heard that investors usually hate sharing their own handymen with others because they want their own handymen to be available to them whenever the needs come up.

Is that true? That is why I hesitate to ask my colleagues here on BP which handymen they use.

Post: Flip blog - The heart attack house

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

Congrats. The house looks beautiful. Is it the house you took me to see when I was in town?

Post: Landlords - What are all your practical Money savers?

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

Michael Lauther, can you provide an out of state landlord like myself with a tip to find a reasonable and reliable handyman who can do almost everything? I have the exact problem with my Las Vegas property manager.

Thanks

Post: SFH vs multifamily rentals- pros and cons

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

?SFH requires less "management"

This is the single biggest factor for me to go with SFR. Being an out-of-state investor, I cannot imagine owning MF. I do not have that much faith in a property management company taking care of my property.

Post: best city to invest right now in the US

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

Eduardo Austin What is the implication of this for investors?
A good opportunity because the price went down so much? Or, investors should avoid properties in Clayton Co. because people avoid the school district (as a result, it is hard to rent?)

Post: best city to invest right now in the US

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

Eduardo Austin What is the implication of this for investors?
A good opportunity because the price went down so much? Or, investors should avoid properties in Clayton Co. because people avoid the school district (as a result, it is hard to rent?)

Post: best city to invest right now in the US

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

On contrary to some other people here, I am of an opinion that you should pick a market and focus your resources there rather than trying to find the "best deals" in the country.

If you are out of state investor (like myself), it is so easy to be taken advantage of by unscrupulous agents. I would say study the market and know the right people in the market, that would help you to eliminate such agents.

Post: quality property management company in Vegas?

Naga A.Posted
  • Investor
  • Atlanta, GA
  • Posts 186
  • Votes 14

Edita,

Thanks for your advice. I probably will have to start the process of finding a new PM. I hate to do it now though as my current PM already started marketing my property. I will talk to him early this week and make my decision.

I sent you a colleague request. May be we can exchange information about our experience of finding a new pm.