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Updated about 2 months ago on . Most recent reply

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Jonas Agerskov
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New member in Georgia/ATL

Jonas Agerskov
Posted

Hi Everyone!

I'm Jonas, born and raised in Denmark and moved to GA in 2024! I'm new in the property investment game.

I'm going with the thought about buying my house hack investment and hopefully be able to scale to house 2 the following years after first purchased due to FHA loan - any recommendations on which aera I should look in to and which i should keep a eye on?

I would love to hear from anyone there are/have invested in properties in GA!

Looking forward to hearing from you guys!

BG - Jonas

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Jonathan Lee
  • Lender
  • Florida
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Jonathan Lee
  • Lender
  • Florida
Replied

Hi Jonas,

That's a great plan starting with a house hack using an FHA loan, as it's a proven way to get into real estate with a lower down payment and build momentum. As you're evaluating areas, I'd focus on locations with strong rental demand and reasonable property taxes and insurance, since those can impact cash flow more than the purchase price alone. If possible, consider looking at 2–4 unit properties so you can live in one unit while renting the others, which can help accelerate your ability to qualify for the next property. To scale to property number two in a couple of years, it's important to maintain good credit, build some reserves, and keep track of your rental income performance from the start. In Georgia, many investors keep an eye on markets like Columbus, parts of the Atlanta suburbs, and Savannah where purchase prices can still make sense relative to rents, though each submarket can vary significantly.

Feel free to reach out to connect futher.

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