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All Forum Posts by: Brian Tesmer

Brian Tesmer has started 2 posts and replied 7 times.

Post: To finance or buy outright?

Brian TesmerPosted
  • Atlanta, GA
  • Posts 7
  • Votes 0

This all seems like very sound advice. Thank you gentlemen!

Post: To finance or buy outright?

Brian TesmerPosted
  • Atlanta, GA
  • Posts 7
  • Votes 0

@Rob Beland Thanks so much for your speedy response and advice! That makes perfect sense. 

Post: To finance or buy outright?

Brian TesmerPosted
  • Atlanta, GA
  • Posts 7
  • Votes 0

Good morning BP world! I have a quick question for the financing gurus on the site. I am brand new to the RE investing business and just about to begin the plunge, head first into flipping here in Atlanta. I am in a unique position as a novice to have the capital to buy my first few deals outright, without having to scrape together financing or borrowing the money. My question to you all is, would there be any benefit to financing these deals instead of buying them cash? Obviously my capital would not be tied up for several months, but is there any other benefit to financing a piece of my investment instead of paying all cash? Thank you for any and all insight you can provide. Have a great day!  

Post: Location to start my adventure? (Metro Atlanta)

Brian TesmerPosted
  • Atlanta, GA
  • Posts 7
  • Votes 0

@Allen Thomas I appreciate the info! If I make my way out to the area, I will definitely bend your ear for some insight. Just out of curiosity, what business do you own in Smyrna? Thanks again!

Post: Location to start my adventure? (Metro Atlanta)

Brian TesmerPosted
  • Atlanta, GA
  • Posts 7
  • Votes 0

@Cynthia Calhoun thank you for your response! I will definitely do a little investigating around Sandy Springs. I'm very keen on Chamblee, so if you come across anything interesting in that neck of the woods, don't hesitate to drop me a line. Thanks again!

Post: Location to start my adventure? (Metro Atlanta)

Brian TesmerPosted
  • Atlanta, GA
  • Posts 7
  • Votes 0

@Rick Baggenstoss Thanks a bunch for your speedy response! I am looking for flips, not really wanting to hold. I will definitely look into Mableton, I haven't done any research that far out. You being from Decatur, you are much closer to Chamblee. Do you have any feelings one way or another about the area? I really appreciate your time! 

Post: Location to start my adventure? (Metro Atlanta)

Brian TesmerPosted
  • Atlanta, GA
  • Posts 7
  • Votes 0

Hello BP World!

I am a novice investor just starting my business here in metro Atlanta. I am in the process of trying to pinpoint my farm area and was hoping for a little local insight. I have been interested in two separate locations, and while I'm sure none of you savvy investors want another guy preying in the same woods as you are, I'm hoping someone will be gracious enough to share their opinion. I like the Smyrna area, because of the obvious reasons. The Braves stadium moving there, the mall being rejuvenated, new restaurants popping up. Is there still reasonable deals to be had in the area? Is there any negatives to investing here? I also like Chamblee, because the new mixed use development/movie studio that is slated to go in where the GM plant used to be. My fear there is that it is too early for the area. Thoughts, pointers, insight? I live in Midtown so one area is directly up 75 and the other is directly up 85 about equal distance from me, so the drive doesn't concern me either way. I really appreciate any feedback that you all can come up with! Have a great day!

Brian