All Forum Posts by: Jingru Sui

The company that i use to work for hired a really really good handyman who can fix a lot of stuff, kinda like jack of all trades. we hired him full time so he's on salary. (was doing short term rental and managing over 40 units in downtown ATL so there's a lot of wear and tear from so many turn overs) We don't get a of late night calls mostly can be fixed during work hour. end up saving us a lot of money on hiring different contractors.

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just a random question, why a Holec not a cash our refinance?

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As long as i save up my down payment

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Originally posted by @Account Closed:

Looking for my first house hack and I found a 4-plex listed for $500,000. They only have pictures of the outside and, since all unites are currently occupied, they won't do showings until after my offer is accepted. That makes it difficult for me to know what to offer. I have no idea what the insides look like, so I don't know what kind of rehab budget to be prepared for. Should I offer a lower amount assuming there will be extensive rehab? Or should I offer higher, and then pending my own inspection of the property, request to come down in price? Also, how much time should I ask for due diligence? This is near Atlanta, where houses are selling crazy fast. My agent has told me I won't be able to get any offers accepted if I do more than 12 days on a single family home, and for this one thinks I should only go up to 20 days. What is the best way to go about this situation, since I don't really know what I'm buying?

Hey i think i know which on your are talking about Hint(Sxxville) right? duplex to quad is very normal to only show during DD. that's why you have DD. 7 day should be enough in my opinion. Get the contract first is my suggestion. haha

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Hey can you be specific which side and which surbs you want those connections?

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Agree with @Carl Millsap here. You might also able to use your VA loan. Talk to your lender and see how much you can get approved for will be a good start.

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Atlanta, Georgia

Where is it? is it in flood zone? close to major utility line? I'm surprise it wont sale

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Just curious what's the HOA savings?

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Very familiar with the Mayfield tower. Not a lot of condo in midtown that doesn't have rental restriction. If you pick this one it will most likely be appreciation only play because of the location .there're plenty of SFH in the suburbs that make sense as investment for cash flow. If your goal is for cash flow with steady appreciation. Look for duplexes or SFH in the suburbs far far from the city...

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All Forum Posts by: Jingru Sui

Jingru Sui has started 25 posts and replied 649 times.

Post: Where to buy a rental SFH in Atlanta

Post: Finding maintenance people

Post: HELOC on Rental in Atlanta (Marietta)

Post: How long did you wait/research before you jumped into investing?

Post: No showings until due diligence

Post: Looking to create a solid team in ATL and house hacking question

Post: New investor seeking advice.

Post: 8 lots ready for development in Atlanta Ga

Post: Midtown Deal Analysis

Post: Did I do something wrong? ATL, Ga Deal Analysis (awful returns)