Updated over 7 years ago on . Most recent reply
First Buy and Hold Question
Hey BP, looking to get my first buy and hold property. I live in Locust Grove, GA, maybe 45 minutes south of Atlanta. For my rental property, I think I’d feel more comfortable getting something closer to me and my partner. LG has lots of rural parts and a population of maybe 5,000, but it’s a good area and it’s certainly growing. My question is- Is it a bad idea for me to start in an area because it’s close to me, or should I be more advantageous and go invest further away for a better pool of deals?
Most Popular Reply
Caleb Anderson don’t be scared to invest here in LG man! Money is money. All of these distribution centers being developed here are going to keep the population going up in this area and will make for a good rental market. I have a mentor that has a lot of rentals in LG.