Got 1 more rental last week

Atlanta, Georgia
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
1moFollow

Got 1 more rental last week

Guillermo NadalPro Member
Flipper/Rehabber · Marietta, GA · Member since 2018 · 108 posts · 77 votes

I been getting great rentals in my markets. Bought another rental last week. Bought it for 35k. Rehab 45k. Rent market $900.00. Taxes $750 annually and $650.00 annually insurance. The markets I invest are perfect for this type of deals. 

4Reply
285 views

6 Replies

Jump to latestLatest
  • Shiloh LundahlPro Member
    Rental Property Investor · Gilbert, AZ · Member since 2016 · 3k+ posts · 4k+ votes
    1mo

    That's great. do you self manage these properties, and if so, how are the tenant interactions? Do you find good tenants or do they tend to be tenants that are rough on the property when you buy those price points in this area?

    480-206-1209Podcast Guest on Show #287
    0Reply
  • Guillermo NadalPro Member
    OP
    Flipper/Rehabber · Marietta, GA · Member since 2018 · 108 posts · 77 votes
    1mo

    I have a property manager. In this areas I try to focus on 55+ years renters. Those renters don’t give me a lot of trouble. I will say in small towns is hard to find decent houses. So what I do I fix my houses above the competition to try to get better tenants. Renters in small towns are more grateful that bigger towns because the inventory is limited. I don’t have to compete with big head funds building 300 houses to rent next to my rentals. I been doing this for 4 years and don’t have a major repair after a tenant move out so far. One of the towns I invest 50% of the population are renters. The other one the housing authority run 40 vouchers behind every month. Meaning every month they are 400 applicants that can’t get a home to live in. 

    2Reply
  • Russell Cabus
    Atlanta, GA · Member since 2026 · 24 posts · 4 votes
    1mo
    Quote from @Guillermo Nadal:

    I been getting great rentals in my markets. Bought another rental last week. Bought it for 35k. Rehab 45k. Rent market $900.00. Taxes $750 annually and $650.00 annually insurance. The markets I invest are perfect for this type of deals. 

    @Guillermo Nadal Congratulations on the new rental! 

    It’s great that you have a property manager handling the day-to-day operations. 

    It’s also great that you have a property manager supporting the portfolio. As you continue growing, has your current management setup been able to keep reporting, maintenance, and communication consistent across your properties?



    0Reply
  • Stacy RaskinBusiness Member
    Lender · Member since 2022 · 1k+ posts · 494 votes
    1mo

    Congratulations! What cities do you invest in- Is it Marietta or?

    [email protected]818-770-0340
    Bright Skyline518 Reviews
    WebsiteView Page
    0Reply
  • Guillermo NadalPro Member
    OP
    Flipper/Rehabber · Marietta, GA · Member since 2018 · 108 posts · 77 votes
    1mo

    Warner Robins Macon and Columbus.

    1Reply
  • Kevin Navarro
    Rental Property Investor · Atlanta, GA · Member since 2020 · 17 posts · 0 votes
    2w

    Congrats on the latest acquisition. Are you planning to keep growing in the Atlanta area? I help investors source opportunities and can also support leasing and management as portfolios expand.

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free