All Forum Posts by: John Hart
John Hart has started 2 posts and replied 3 times.
Post: Out of State Newbie Investing in Atlanta
- Investor
- West Chester, PA
- Posts 3
- Votes 0
Hi, I'm looking for feedback on the Atlanta neighborhoods south of downtown like Joyland, High Point, S. Atlanta, etc. I hear the Pittsburgh Yards & South Beltline projects are underway and have the potential to change / enhance the areas... Are these good areas to buy & hold for cash flow now + appreciation (potentially) later? I'm seeing the 1% rule now on rentals, but being that I'm out of state and this would be my first SFR am not 100% sure what these areas are like and what I'd be getting into. Any thoughts / feedback would be greatly appreciated.
Post: Newbie Seeking Cash Flow Rentals Using HELOC
- Investor
- West Chester, PA
- Posts 3
- Votes 0
Thanks for the response Will! I'm in agreement that the value of an HOA most likely won't deliver the type of return for their cost. I'll see how the numbers stack up comparing a SFR w/ PM. Thanks again!
Post: Newbie Seeking Cash Flow Rentals Using HELOC
- Investor
- West Chester, PA
- Posts 3
- Votes 0
My target price is $150k-$200k and have been analyzing Condos/Townhouses, since free time is limited (work full-time and family) and maintenance is handled by HOA. But HOA fee + HELOC cost is cutting into cash flow. Should I scrap HOA's and only target SF? Looking for guidance on how best to get going using. I'd like to use the stack method per the BT webinars. Thanks!