Los Angeles-based rental investor driven out and coming soon!

Los Angeles-based rental investor driven out and coming soon!

Rental Property Investor · Austin, TX · Member since 2018 · 21 posts · 11 votes

Hey everyone, I just wanted to introduce myself! I'm an investor looking to house hack in 2020 in a market like Atlanta. Housing is 2/3 cheaper than LA and the $900k+ prices of MFs in LA are just too much for a millennial like myself. I am looking for 2-4plexes for buy and hold with the initial purchase being a house hack situation. Would love to connect with others and start building a network with those in the Atlanta area!

Thanks and look forward to hearing from you all.

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Matthew NicklinBusiness Member
Real Estate Agent · Woodstock, GA · Member since 2018 · 254 posts · 255 votes
7y

Duplex and triplexs are much more common in certain areas of Atlanta than others. Do you know what area you are looking to move to?

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  • Matthew NicklinBusiness Member
    Real Estate Agent · Woodstock, GA · Member since 2018 · 254 posts · 255 votes
    7y

    Duplex and triplexs are much more common in certain areas of Atlanta than others. Do you know what area you are looking to move to?

  • Rental Property Investor · Austin, TX · Member since 2018 · 21 posts · 11 votes
    7y

    @Matthew Nicklin leaning toward Northern Atlanta but any A or B neighborhoods with decent schools. C and D neighborhoods are not being considered. Do you have advice of neighborhoods that meet this criteria in the area?

  • Matthew NicklinBusiness Member
    Real Estate Agent · Woodstock, GA · Member since 2018 · 254 posts · 255 votes
    7y

    @Josh Howard Find a duplex in a good school district is pretty difficult especially in north Atlanta. There are Duplex/Triplex in some parts of Cobb and Gwinnett County but the schools are not as good. You maybe better off finding a house with an in law suite or just doing a roomate situation. Not saying finding a duplex in a good school district is impossible but they are very rare in the north Atlanta market. Single family homes are much more common. 

  • Rental Property Investor · Austin, TX · Member since 2018 · 21 posts · 11 votes
    7y

    @Matthew Nicklin great to know. Thank you! Our situation is ever evolving and SFRs are not out of the question. A C+ neighborhood with a decent school is also an option but the ideal goal of a MF property is one of the main priorities.

  • Real Estate Broker · Atlanta, GA · Member since 2019 · 17 posts · 7 votes
    7y

    @Josh Howard - there are some two to four family options in Greater North Atlanta A and B areas - reach out to me for more information, and lets talk about what you're actually trying to do.

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