All Forum Posts by: Josh Bowser

Sam - GA is a 'buyer beware' state. Buyer and buyer's representation are responsible for confirming anything that may be an issue / concern with the property.

Check county records - if the county (presumably fulton) does not have the bathroom count matched on the records to the listing, then it is likely not a permitted addition. This happens ALL the time.

If you're still having an issue with this - please feel free to give me a call and I'd happy to chat you through it (free of charge no strings attached - here to help)

Kate - that is awesome to hear about your Bali property!

Incredibly random.. but my cousin has also built and owns a few STRs in Bali as well. My wife and I stayed at one of them about a month ago and it was an awesome experience! 

Check out GAREIA - great place to get involved in that Atlanta REI scene. Best advice would be to start getting networked in the Atlanta market and go from there - lot to do here!

Generally, I agree with what you have to say. If you're in an average cost of living market, you should be generally buying in your neighborhood unless you have a deep connection with a pro in another market. Reason being, investing in these areas will help you keep up and exceed your local cost of living.. there is no real need to go out of state. If you're in a growing market in the sun belt, this is particularly true. If you're in a high cost of living market, that is when it makes sense to go out of state.

I work with a bunch of out of state investors in the Atlanta market. All of them are either from the CA/WA/OR/NY/NJ which is no surprise.

It is tough to get a good professional's attention when you are out of state in my opinion.

The one that have the most success either come from trusted referral sources, already own property in the Atlanta market OR other markets outside of their physical location, or take the time to come out and walk properties for a couple days / meet the PMs / Agents / Contractors.

I think the challenge when it comes to investing out of state is not being able to build quality relationships with the right people in the market you want to invest in. I've heard of so many people take matters into their own hands, buy deals with no trusted boots on the ground, and get absolutely fleeced. It's sad.

To those that see this that are looking out to buy out of state for the first time: go to the market, experience it, and meet the people that you will be working with!!

Jardin - I'm an investor focused agent. I'll shoot you a DM!

Network Network Network - build as many in person relationships as you can. Don't spend money on courses just yet - you won't understand how to implement (everything is available for free as well).

I see you have Atlanta tagged - get involved with the GAREIA it's a great way to meet people in the ATL that are here to help. 

 It's a hard living these days, but a living nonetheless!

That's a good little deal scott! Are you still flipping in this market? Things are getting tough on the resale side in the ATL

Taqiyyah - congrats on the purchase! I have some friends (and myself) that lend on these types of projects (private money) in ATL through GAREIA. We'd be interested at taking a look!

Depending on your experience and the scope of the project this could be a good or a bad idea. If you're a newbie working on a big project and don't have a lot of time to commit to it - it probably makes more sense to pay a GC to source materials and labor.

If you're seasoned and have a good idea of what is needed / can adequately qualify subs then go for it.

Another thing to consider - do you have trusted boots on the ground that can keep an eye on the project for you?

Ryan nailed it - creating and enforcing house rules is probably the biggest key to success in rent by the room / coliving.

Include house rules in your lease - point to the lease when someone breaks the rules / causing issues. Make the lease the bad guy!

Additionally, I'd ensure the exterior of the property is always clean and orderly to reduce your chances of having issues with the neighbors.