All Forum Posts by: Yasmine Bisumber

Great discussion here,  is it FL on the fast growth list for 2016? 

My houses in Henry, Douglas, and eastern Gwinnett (Lawrenceville) do better in cash flow terms than my houses in northern Gwinnett (Sugar Hill, Suwanee, Buford), which do better appreciation wise.   Still, I'm much more comfortable investing in houses that cash flow better.     

I use a great property management company. Takes away all the headaches and saves money in the long run. My homes have never been empty for more than 7 days.

@dave felts,

Hi Dave,

I'm an experienced realtor and rehabber in  S. Fl.   I'd like to ask you about the areas you mentioned are they also good for fix and flips or strictly buy & holds?  My partner and I currently rehab 2-4 properties every quarter locally. We would like to venture into that market very soon.  What would you say the average profit ranges are for middle class neighborhoods. . 

This is absolutely wonderful as I literally just posted a topic in The Buy and Sell forum of BP about help/advise about my portfolio here in Dayton. I am literally looking to do the exact same thing as the originator of this post. I live in Dayton,Ohio but we absolutely LOVE Atlanta and the surrounding areas of the ATL... We literally own 40 properties in Dayton,Ohio but want to sell everything we have here and invest all of our proceeds in GA. We DONOT want to be long distance landlords with our portfolio and want to move and continue our lives in Georgia worst case Sunny Florida not that Florida is bad but we have spent many many hours,days,and weeks researching just houses in general. The problem that we were having was where to purchase due to ATL and surrounding being so HUGE. You all have helped tremendously.I am also a real estate agent here in Dayton,Ohio and even took the time to get my license in GA as A goal I set for myself in hopes I would get even more motivated to get the wheels turning. I have yet to utilize or find a broker to work under as I am trying to figure out away to make the transition. I really look forward to speaking to some of you about ideas,knowledge and more understanding. Thanks, Frank

I've been an agent and active investor in the Cobb County area of North Atlanta market for 15 years. I can vouch for the previous comments by @Account Closed as being spot on. Best of luck on your investments. 

Hi all,

First post here! Looks like a great community here...I'm hoping to learn a lot and get started on investing this year.

I am looking for any good rental investment opportunities in the Atlanta area. I have around $300k to play with for both of these goals, but I would like to start small as I've never done any real estate investing before.

Do you have any advice for me? Since I'm very new I would also love to hear about any deals you've done and what the economics looked like. If you have any excel models I'd love to see them and understand what kind of assumptions you use when evaluating deals in the Atlanta area.

I majored in Finance at Wharton so I know a thing or two about investment evaluation, but I have no experience with real estate so I'm just looking to learn the ropes of what a good deal vs. a bad deal might look like. Thanks in advance all!

If you already have a bunch of money stay away from the crap hole areas. Good money doesn't need to invest in bad areas.

With lot's of money you can take less yield for better quality areas and not have the headache.

That's my .02 

Fellow BP members,

I'm an out of state Buy and Hold investor looking to make the transition from SFRs to small and mid-size apartment buildings. My target market is the Palm Beaches/S. Treasure Coast, FL. As such, am looking for a Commercial Broker, Property Manager and potential local JV partners to network with.

I look forward to hearing from you.

Regards,

Ismael Reyes

MI Real Estate, LLC