All Forum Posts by: Patricia Joseph

Wow! For a newbie looking to invest in properties in Intown Atlanta, this was a very eye-opening and educational thread. @Rick Baggenstoss Thanks for the list of area rankings. I'm currently looking at properties in the Grant Park area. The house in that picture has a lot of character for $45k. In what area is that house located? @Todd Whiddon Which areas are affected most by stolen ACs? I guess this is something to consider when buying in certain areas.

Thanks James for the welcome and encouragement! We feel more comfortable starting in our own backyard first, and branching out to other areas, once we know what we're doing.

Thanks Rush for the helpful info! When I'm ready to start shopping around for financing, will each lender have to pull my credit, to determine if I qualify? Is it a hard or soft pull on my credit?

Chris,

Thanks for the wonderful advice! I can see how easy it would be for a newbie to get bogged down in statistical analysis, and not take the steps toward buying properties. The areas I mentioned IMHO seem to have great potential: close to downtown Atlanta, near major attractions, and an influx of young, professionals.

We're hoping to find a property with tenants, so we could earn income right away. One question though: if our focus is on purchasing in 2016, is it too soon for us to meet with a mortgage broker to see whether we would qualify for a mortgage? We currently own a home, with a conventional mortgage.

Sorry, I had 2 questions: what's the best way to go about finding investors in my target areas?

Hey all,

I just joined BP and new to real estate investing. There's so much information to absorb, a newbie could certainly become overwhelmed. But, I'm going to take it nice and slow, to make sure I'm educated and prepared for when I'm ready to buy my first rental.

Living in the Atlanta, GA area there are a few areas, where I would like to purchase properties: Grant Park, Inman Park, and Virginia Highland. Grant Park and Inman Park are going through gentrification and very close to downtown Atlanta, which is a plus. I've looked at data on several sites, but I'm not sure what it all means. How do I determine if these are good areas to buy properties? I'm hoping to buy small, multifamily properties (duplex, triplex, quadplex). If there's info on the site I should read to help me understand how to analyze a market, please point me in the right direction. Thanks much!

Thank you, Mark for the welcome! I'm happy to be here and becoming a very, knowledgeable investor!

Thanks @Brandon Turner! Glad to be a member of the BP community!

Hey BP Community!

My husband and I are new to real estate investing and the BP community. We're empty nesters (raised 4 children), with retirement a little over 10 years away. Our focus is on buying small, multifamily rental properties in the GA market.

I've been reading the post for several weeks and admit that this site is addictive -- it's a smorgasbord of information; the more I read, the more I want. The site content is very well organized, useful, and user-friendly -- hats off to the content team!

As a web professional, who spends a lot of time online, I've never seen a community of users so willing to offer assistance and information. I'm really looking forward to learning a lot about real estate investing, and purchasing my first rental property.