All Forum Posts by: Josh Bowser

I don't hate the idea of leasing HVAC units.. however, marketability on sale of the property might be a little confusing as Theresa mentioned. 

If this place is going to cashflow well - run till failure is an option. However, It'll be cheaper to replace these units when its in feb/march than during the summer or winter.

Which option do you think would help you sleep better at night?

Dang that is tough - what are you doing these days to mitigate risk?

Anytime I enter a vacant SFH in Atlanta I announce: "Agent, I come in peace. If there is anyone there let me know and I'll leave"

Hey Robin - Flipping market is pretty tight for entry level 3/2s in Atlanta. 

You'll probably have the most deal flow on the seller side in Dekalb county as well as south eastern quadrant inside the perimeter. However, these sellers are inundated with DTS marketing.

Northern suburbs have really high demand for newly renovated SFH in the $300-$350k price point.

Feel free to reach out if you have any questions - contact info is in Bio. Happy to help however I can!

Hey @Sam Faas - Atlanta has been having a squatter problem with vacant properties. GA is a landlord friendly state, however, there are some counties / municipalities where it's tough to get someone who shouldn't be there out (Dekalb county in particular).

@Bill B. - lot of investor activity and abandoned homes (for various reasons) which leads to the empty homes. Lot's of listings around the metro have forgone putting out 'For Sale' signs in front of vacant homes for this reason.

Hey Melissa - what is your price point / you desired part of the metro to live in?

Peachtree corners is a good market -> northeast suburbs of ATL are fantastic. It's highly competitive there for a reason. More of an appreciation play as highly levered investments won't cashflow.

Lagrange and Newnan are solid submarkets for cashflow. Prices are lower and demographics are positive. 

Hey Gin - how granular are you trying to get? If you want to be conservative on your estimate, you can take the total purchase price of the property and multiply it by 40% then apply the millage rate. This is a pretty decent way to guestimate taxes if your lot size is under a half acre or so. 

Feel free to DM me - happy to help if I can.

Hey Brandon - I see this post is from a while back but getting some traction again. 

For anyone else seeing this - Padsplits are a great way to cashflow and it's the only ways you can make rentals make sense with high leverage in this market.

Evictions are more of a property management issue than tenant issue. Key is to work with a team that focuses on managing padsplits as their core business.

Buy in solid neighborhoods where there is a good tenant base and put in experienced property management.

Happy to connect with anyone that has questions on the model.

Hey Shawndra - do you already own property in California? If not and you're planning on staying there for a long period of time, I'd advise talking to a local investor agent about house hacking. Typically, individuals are better served house hacking in expensive markets vs. buying levered real estate in lower cost of living areas.

Happy to chat if you have any questions - feel free to reach out in DMs or contact info in my bio.

Hey Robin - it's going to be tough to beat that rate, but I'm glad to hear you have some equity. 

If you're planning to stay in Idaho - it's probably not a great idea to sell unless you can downsize into a smaller mortgage payment where you want to live. In all honesty, sounds like the best option here might be to find a way to increase your income so you can live more comfortably.

Can you house hack? Typically, when I'm counseling with an out of state client that is living in a higher cost of living area - the client is usually better off to house hack in an expensive market rather than buying RE in a lower cost of living area unless there is a lot of excess capital to work with.

If you have any questions - feel free to reach out as I am happy to chat.