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All Forum Posts by: Emmanuel Murillo

Emmanuel Murillo has started 2 posts and replied 4 times.

Hi everyone,

I'm looking for an investor-minded real state agent with experience and knowledge in the Woodstock/Marietta area. Looking for a primary residence property where I can add value through reno while living in it.

Please reach out if interested.

@Account Closed thanks for the info. Definitely will have to look into more creative ways to get started here.

Thanks, Parker, Chrissy you point makes a lot of sense. 

Competitive markets will make it very difficult to find long hanging fruits. 

Hi BP,

I'm fairly new to BP and to real estate in general; I've been reading all the material I can get my hands on to get acquainted with the concepts, strategies and deal analysis; my short-term goal is to buy and hold a couple rental single-family units in north ATL (OTP). (Acworth, Kennesaw, Marietta, Smyrna, Woodstock, Sandy Plains area).

I've been using Zillow, realtor.com, etc.. to test-run numbers on properties that match my criteria but I'm having a hard time finding cash flowing properties or properties barely break even.

My question for existing (rental) investors around this area:

- What are your guidelines (Cap rate, cash on cash return) for properties in this area?

- What is the minimum monthly cash flow you'd do for a SFH in this area?

Thanks in advance for your feedback.