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Nishesh Jambudi
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Buying first rental property

Nishesh Jambudi
Posted

Hello

Searching for first investment property,  I do understand basic calculations. Looking for strong zip code that has good rental history 

Budget max 400K

Min 3 Beds 

Low HOA is first priorities

Let me know if you can help me to get property listing, I will work with you

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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
Replied

@Nishesh Jambudi, what is your investment strategy? LTR? STR? MTR? Rent-by-the-room? As I'm sure you're well aware, with current interest rates and overall market conditions, it isn't easy to source and acquire long-term cash flow deals unless you're going off-market. I've informed many that Atlanta is quickly becoming an appreciation-based investment market.

With a max budget of $400k, you can buy properties in great A-class markets with sound school systems. However, you can only expect cash flow if you intend to make a significant down payment.

I'm happy to connect!

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