Decatur, GA · Member since 2019 · 6 posts · 5 votes
Hello all! I moved from England to Atl in 2016 to work in the film industry and noticed lots of colleagues buying up properties which peaked my interest!
I have been listening to the podcast like crazy and learning a tonne. I am expecting a bit of cash coming my way at the end of the year, as well as moving into a new, higher paid job, so i figure now would be a good time to look at making some investments. Interested to hear peoples successes/losses and any real estate wisdom they might be able to share.
Also looking to network with other newbies in the area so I have some friends in the same boat!
Hope to hear from everybody soon! have a good sunday!
Have you decided on a particular area of Atlanta to do your investing? Also, what kinds of deals are your colleagues getting into? Any chance you can learn vicariously through their exploits?
Have you decided on a particular area of Atlanta to do your investing? Also, what kinds of deals are your colleagues getting into? Any chance you can learn vicariously through their exploits?
I am a fan of Buford Highways food and climbing Stone Mountain so i wouldn’t mind excuses to be in between the two.
Well they weren’t exactly deliberate real estate deals for as far as I am aware. With the film industry boom, people were flooding into GA from Los Angeles and elsewhere getting a lot of work and getting paid very well to do it. Of those who have bought houses they are either rehabbing or have had evaluations at 40,000 higher than what they bought for 5-10 years ago.
I have just worked with a guy at my new job who is building his own house in north Georgia and met a lady at work who is working on her first spec build, so I’ve offered help to both for free as long as I can learn something or make some contacts.
Welcome, I'm from New York myself and bought a property in Stone Mountain. I was looking for better school districts but there are a heck of alot of investors in town (and from out of town like myself) and they buy up anything that remotely looks like a deal in minutes. Since you have your boots on the ground see what neighborhoods are nearby, and what's not yet being priced under Buford prices. However I would say Stone Mountain has been good to me, although the schools nearby aren't top notch it seems like a nice enough neighborhood and I've had good tenants since I've purchased 1.5 years ago after going through some initial turnover. I think Stone Mountain will remain stable in inch up from an affordable but nice community.
Hi Chris, I basically live between the US and UK. Lived in NJ for 5 years and got into property investment and rentals. Now I'm mostly in the UK doing the same, any questions just ask me.