All Forum Posts by: Ana Cristina
Ana Cristina has started 2 posts and replied 7 times.
Post: General Contractor in Atlanta (Lawrenceville area )
- Posts 7
- Votes 3
Quote from @Tomer Sonsino:
Hey Ana,
Eric lives in Lawrenceville and is very nice and easy to work with. His number is 678.531.0039
I myself am a realtor in the greater Atlanta area and would love to help as needed, do not hesitate to reach out!
Post: General Contractor in Atlanta (Lawrenceville area )
- Posts 7
- Votes 3
Any recommendations on GC in Atlanta , need to get a quote for a fix and flip in the Lawrenceville area.
Quote from @Rick Baggenstoss:
Hi @Ana Cristina. The best way I know is to use airdna.co for some local/zip code level research. Look only at those properties that are like yours -- number of beds, luxury level, similar location, and offered year around, for example. The other way to to mimic being a traveler and look at how booked similar properties are.
This is a slow time of year for STR in Atlanta so it might not be great, but it really depends on your guests and what they're doing -- eg. moving in town for a job, here for a film shooting, visiting family nearby, etc. Tourism is down but so is competition.
Lastly, if you're new to STR. Please really study how much impact being unique/well designed can have. It has a huge impact. Make sure you have the skills, team, and commitment for doing it as great as makes sense for your property.
Good luck!
Greatly appreciated ! Thank you !
Quote from @Azeez K.:
Welcome to BP community. STR certainly lucrative but there would be lots of factors to consider when deciding to buy something solely for the purposes of STR. In regards to occupancy you will have to do a little bit of homework to figure out the occupancy in your farming area. You can do so by doing research on occupancy rates using sites such as Mashvisor/AirDNA and in conjunction joining some local STR facebook groups and talking to STR owners in the area.
Given the interest rates are trending higher I would proceed with caution as prices tend to work inversely based on interest rates i.e. when rates rise prices fall when rates are lower property prices are higher.
In addition, look at STR ordinances in the county that can impact the numbers. I have a STR in midtown that was impacted by STR ordinance in Atlanta. However, we stay pretty booked during the weekends and have less occupancy during the week but it more than pays up just based on weekend occupancy.
There are several meetups in the city so keep an eye on BP meetups or FB meetups. If you have any questions feel free to hit me up. Hope the above provides you with some guidance to make an informed decision about investing.
Good luck and much success.
Thank you for taking the time to answer my question, super insightful !
Quote from @Julio Gonzalez:
Welcome to BiggerPockets, Ana!
Thank you so much ! Looking forward to all this site offers !
Thank you so much for your response , extremely helpful!
Hi BP Community,
New to BG would love to connect with local investors. I currently have 2 rentals in the Chamblee area and my focus is in Norcross, Lilburn, Chamblee area.
Im looking into a short term rental such as AirBnB and wanted to know if occupancy is still pretty consistent? is it still a good time to look into Airbnb or should I wait and see if there is a shift in the economy and travel is impacted.
Also looking forward to any meetups in the city !
Thanks for reading !
Ana