All Forum Posts by: Jingru Sui

Depends on location, i might have a STR "Professional co-host". Please inbox me if you need connection.

Congratulations on the first rental. What type of multi family? small 2-4 or bigger size 4+? For the small ones, us residential realtor will be able to help you navigate. Large size you might want to connect with commercial broker who specialized in multifamily. Also if the large one is what you go after, networking with multifamily syndicator might be a good way to get started. Good luck 

As a realtor there are lots of stuff we are not legally to say. I recommend you research demographic of some zip code. Household income, renter vs homeowner, etc… Feel free to reach out to ask which area investor friendly agents are recommending.

David Greene’s book on long distance investment is a good start. I’ll also throw in Atlanta and surrounding surbs is good place to look into as well. Feel free to reach out. ;)

No cash flow or negative cash flow could be a nightmare waiting to happen. Please make sure you have some cash flow. 

Have you done a comprehensive market analysis for 30315? For 3/1 is the ARV really 265-275K? I saw the average is high 100K. Highest in the past is July last year which might be inline with your prediction. Are you gonna try adding another bathroom to make it 3/2?

In current market condition, cash offer will make you stand out a little but lots of people are waiving contingencies with loan so ultimately sellers are compare all the terms(Highest net) to make decision. On our GAR form cash offer exhibit, you can still reserve the right to use finance when you give a cash offer. The cash exhibit is basically saying you don’t have contingencies and you can proof you can close regardless.  I will still take advantage of the low interest rate to leverage in your case.

 Mark, i personally have not expand into other market yet. No one can really tell you how the market gone be like. From we i see, companies are still moving to Atlanta. I manage some rentals and this year majority of my applicants are from out of state. I think its a good indicator for some more growth, yeah? Hope this information helps!

Typically winter months are slower. With holiday and everything price typically drop a little bit but then go up during summer time but i don’t see much dip in 2 years. I like Dallas GA. Good rental demand and steady rent increase. Surrounding area like Hiram, powder springs might have similar properties. Or the other side on the map, Lawrenceville, dacula?  Good luck

Talk to lender and figure out how much house you can afford. Option X, getting multiple cash flowing properties in area where also have great appreciation and also landlord friendly (Hint hint where I’m from). Your cash flow might just cover your rent in CA.  ;)

Well, i heard Dallas is great too.