I suggest you buy a home somewhere that you are personally familiar with and will be able to visit often. The house next door may be perfect for your purposes, or maybe someplace where you like to vacation. Even if you plan to hire a property manager, and it sounds like you do, there is no substitute for being able to drive by and check on things.
Much can change in 10-20 years; not just the home, but the neighbors, the street, the neighborhood and the town. Resort towns go in and out of fashion, industries leave town, gentrification happens, and so does the opposite. Do not put yourself in a position where you will just be taking somebody's word for it that everything is just peachy.
Best Atlanta Properties
Are you familiar with the Atlanta market and neighborhoods at all? One thing about Atlanta is that there are a ton of micro markets. Each neighborhood has a different feel to it and can play an important part in what kind of tenant you have. Also of course your budget plays a big part as well.
If you would like I'd be happy to explain all the areas of Atlanta, along with price points and possible rental income. And also point you in a direction where you may see possible growth in equity. Feel free to contact me anytime.
Tyler Willis, REALTORÂ®
Keller Williams Realty Intown Atlanta
621 North Ave NE, Suite C-50
Atlanta, GA 30308
As I definitely agree that hiring a property manager is better than being a property manager yourself and living close by to drive by and see the property is the best way to go, it makes more financial sense when you have more than just one property to hire a property manager.
You have to remember that when you have a rental even if it's just one rental, it's just like running a business. Are ou ready to deal with all the financial headaches of owning an investment property? Are you willing to evict tenant's if you need to? Who is going to do the repairs on the property? Do you have money to cover vacancy rates? etc. These are all questions you need to ask yourself before deciding to become a landlord.
so glad Diana clarifies in all of her multiple posts that she is from "New York City, USA" ! ....haha
hey - it might have been NYC in another country!
(wonder what country Dianna is from...based on the email address she/he is promoting, maybe the UK ?)
I suggest you reach out to local agents whose profiles and identities you can verify.
just buy one house and keep for 20 years. How old are you ? How is your health ? How is your job
situation ? Is your wife ( spouse ) also working ? Are you planning to move into this house when Retire
or just keep for the income only ? Do you currently own a house ? Free and Clear ? Most agents do not provide this type consulting --they will just push you to buy a house to get Commission. Experienced brokers do not have time --to Coach you --you have to explore --learn --and make decisions --have some parameters defined to go for looking for a house. listen to John Adams
radio show --from Atlanta --or on line ( i believe ) Money99.com and Illyce Glink out of Chicago,
on AM radio --Sunday -- Find a good investor / rehabber - to save lot of money --Many Bank
reposessed homes available at 65% to 70% value.
I work for a large real estate acquisitions firm. We are a full service brokerage that dedicates 100% of our time to finding great deals for investors. We acquire investment type properties for investors and we do about 15-30 transactions out of each one of our offices. We dedicate 100% of our time to finding great deals. If you are interested in the great deals that we have you can contact me at:
New Western Acquistions
214-862-6040 / 404-919-9487
Give me a call to disscuss.
Professional Buyers Broker
New Home Construction Expert
ICC Code Certified Building Inspector
Corporate Relocations | New Construction | Luxury & Investment Properties
From Atlanta, Florida is a great choice from a management and personal use perspective. In most of Florida's desirable heavy traffic vacation location a seasonal rental for 4-6 months can generate an income that equals or exceeds annual rentals in other locations.
We have many owners and part time visitors in our location from the Atlanta area. It's an easy drive for a long weekend or getaway to warm up. If you think you might have any interest in Sarasota County, we would be happy to hear from you.
Good luck with your search.
Keller Williams Metro Atlanta
Licensed agent since 1995
I worked with Tyler Willis on 3 investment deals in the last 60 days. He is a great agent and knows how to locate great investments in the Atlanta market. My client has been very happy and we look forward to working with Tyler on future deals...
Justin Seeby, ABR, CLHMS, ALC, BPOR
9 Mile Trolley Realty
To make an offer on a property, you should be represented by a Buyerâ€™s Agent. The Buyerâ€™s Agent will work on your behalf throughout the transaction. This is very important since the Listing Agent represents the seller.
If you need a recommendation on a Buyerâ€™s Agent, please contact me at (404) 591-2453 or firstname.lastname@example.org. I would be happy to put you in touch with someone who can assist you.
The seller of the property will want to make sure that you are qualified to purchase the property should your offer be accepted. Working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your options. To get Pre-Qualified for your purchase, you can submit your request online at http://www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing.
Looking forward to helping you.