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9 October 2021 | 10 replies
If you are an active investor (actually bought or sold in last year 9 months) in the Atlanta area please share your experiences to the statics below:Economy• Atlanta’s diverse economy is expected to help Georgia realize a 4.0% GDP growth rate, outperforming the U.S. national growth forecast of 3.5%.• Despite the slowing economy due to the pandemic, the Georgia Department of Economic Development generated $632 million in company relocations and expansions in 2020, which bodes well for future activity.• Atlanta’s higher-wage jobs — $60,000 per year or more — increased since the by 3.0% in 2020, a positive trend as 2021 begins.Multifamily• Despite uncertainty in 2020, Atlanta’s multifamily sector has remained strong, with overall vacancy just north of 5.0%.
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27 October 2021 | 7 replies
Playing the long game has never hurt me is real estate, but being short-sighted has bitten me in the *** a few times.
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4 October 2021 | 1 reply
This led to the next contractor leaving even more, and a game of he said/she said followed.
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13 October 2021 | 2 replies
Although you won't be as "hands on" as if you had your own duplex, sometimes investors find this option to be preferrable since they can invest with very little money and have equity in a diverse portfolio in which an experieneced investor manages.
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4 October 2021 | 2 replies
Also you mentioned your leases end in the summer, I'm still pretty new to the game and was wondering if you think its better to have them end at the beginning or end of summer?
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6 October 2021 | 12 replies
It’s just part of the game.
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8 October 2021 | 9 replies
I would also want to vet their team (lawyers, CPA, lenders, PM, etc.) a strong supporting cast can compensate for a lack of direct experience.Do they have skin in the game?
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6 October 2021 | 5 replies
The best investors over the long haul of a career in the investment game have premier relationship-building skills and are not just focused on the deal in front of them.
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7 October 2021 | 8 replies
I am new to the game and I have very little capital to start.