Rental Property Investor · Duluth, GA · Member since 2018 · 7 posts · 4 votes
Hello BP Community, I'm a long time listener, but fairly new to BRRRR investing. I completed my first BRRRR in Gwinnett last year, and looking for my next deals. I'm looking to network to continue learning and finding my next deals. Any tips would be greatly appreciated! Thanks in advance!
Rental Property Investor · Clarkston, GA · Member since 2012 · 2k+ posts · 1k+ votes
6y
Hi Daniel congrats on your first rental. Gwinnett is a great place to own rentals BUT is very expensive. We own some 8 or so in that county and they do well.
In general for all investors everywhere I reco that you join local boots on the ground investors in your area. Find such groups in meetup.org. BP has some meetups but the Atl group has petered out, but look it up in the local groups section of BP.
I started out in the REIAs, which I still find to be where most experienced folks hang out. Some of us also post a bit in BP but really the how to, contractor referals, the local laws, is Gwinnett eviction court open etc is talked about in local REIAs. FWIW join them all then choose which you like. I found Gareia.com to be what worked best for me.
Read a paper I wrote to help landlods/buyand holders; how to buy a bullet proof rental portfolio, a file I linked to my BP profile's first paragraph.
Rental Property Investor · Clarkston, GA · Member since 2012 · 2k+ posts · 1k+ votes
6y
Hi Daniel congrats on your first rental. Gwinnett is a great place to own rentals BUT is very expensive. We own some 8 or so in that county and they do well.
In general for all investors everywhere I reco that you join local boots on the ground investors in your area. Find such groups in meetup.org. BP has some meetups but the Atl group has petered out, but look it up in the local groups section of BP.
I started out in the REIAs, which I still find to be where most experienced folks hang out. Some of us also post a bit in BP but really the how to, contractor referals, the local laws, is Gwinnett eviction court open etc is talked about in local REIAs. FWIW join them all then choose which you like. I found Gareia.com to be what worked best for me.
Read a paper I wrote to help landlods/buyand holders; how to buy a bullet proof rental portfolio, a file I linked to my BP profile's first paragraph.
Property Manager · Alpharetta, GA · Member since 2018 · 163 posts · 117 votes
6y
Hi @Daniel Budihardjo, congrats on your first. We manage in Forsyth and Gwinnet. Drop me a PM if you'd like to connect, we could link up and grab a coffee.
Rental Property Investor · Duluth, GA · Member since 2018 · 7 posts · 4 votes
6y
@Curt Smith I agree Gwinnett is very expensive, but I'll keep on looking for the right one. Thanks for your advice on joining the local REIAs. I'll join soon!
@Account Closed Sure, I'll pm you
@Matthew Nicklin I agree! Atlanta market is hot right now! I've been looking for one on the MLS as well as off market, but no luck so far. Maybe I need to wait for a few months after the forbearance program ends. Maybe there will be more deals that make more sense then. Great suggestion on looking at traditional rentals as the rate is currently super low. As long as the numbers work, it should be ok.
Do you guys think there be better deals next year after the forbearance program ends?
Investor · Atlanta, GA · Member since 2014 · 54 posts · 17 votes
5y
@Daniel Budihardjo congrats on the BRRRR! I'm looking in North Cobb County for an off-market BRRRR deal. There may be less expensive deals there for you. Are you doing direct mail?
Rental Property Investor · Duluth, GA · Member since 2018 · 7 posts · 4 votes
5y
@Matthew Trotter It looks like properties in North Cobb county are more affordable. Currently I'm relying on wholesalers, CL and FB ads for deals, so I haven't done direct mailing yet. Have you done it? If so, how's it working out for you?
Rental Property Investor · Clarkston, GA · Member since 2012 · 2k+ posts · 1k+ votes
5y
To all, I forgot to mention re buy and hold tuning/learning; Go to my profile 1st paragraph and read a how to I wrote to help; how to buy a bullet proof rental portfolio. I also help folks locally find rentals, as a give back. Connect and we'll email my buying zillow URLs etc. Best to you.