All Forum Posts by: Jaycee Greene

For Class C in ATL, are you looking in areas like College Park, West End and Vine City?

You can really go either way, just depends on the type of tenant you want to attract. In theory, a tenant that is willing pay a little more each month for the actual units already in place may be more attractive to you as a landlord. But the flip-side is they might have higher expectations of you in terms of responsiveness and maintenance, etc.

Hey @Jenny Kim. Welcome to the BP community and glad to hear you're looking to start investing in real estate. Do you have an idea of the area(s) you want to buy in and/or the type of properties you want to buy? Do you want to fix/flip or do you want to buy/hold? Or do you want to wholesale properties?

Hey @Steven Catudal! Investing with a partner, I would definitely look into start an LLC. I would also reach out to real-estate friendly lawyers to help you draft the necessary documents to form an LLC and to talk through the pros/cons for various decision.

Also, I'm curious why you decided to invest in BHAM. Do you know anyone that lives there, or did you go to college there?

And do you have experience with Section 8 tenants in other markets?

And have you tried to work with Premier Bank by any chance? I have no affiliation (or ever heard of them until today) but they are HQ'd in YT and appear to be investment real estate friendly based on their filings.

How many properties do you own?

Are these normally 2-3 bedrooms?

Hi @Natali Cobb! Do you know if other properties nearby offer W/D in the property (vs. just the hookups as you currently have)?

If you're buying for $30k, I would assume you're doing Section 8 rentals. Is that correct?

Hey @Vinny Muli! Welcome to the BP Community and most folks I know that are in your same situation with properties in 1 or more LLCs end up refinancing those properties into DSCR loans (instead of HELOCs) to extract the cash they need for their next acquisitions.