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Real Estate Investing is not a solo sport, but a team effort. It is so important to select your teammates well and constantly evaluate each player’s performance against the overall goal you are working toward.
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Investing in real estate can be scary and challenging. There are all kinds of questions - How do you know if and when it is the right time to purchase? What should you purchase? How should you finance it? What type of investment is right for your overall goals and strategy? As a real estate investor in Atlanta, I have found that although there are a lot of questions, the answers are fairly easy when you use common sense, evaluate your strengths, and know what you want.
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How many times have I heard the question “How long will it take to rent my house?” Every investor that brings us their property wants to know the answer to this question. So, being in the property management business for five years I pull out my crystal ball and give them the answer. It isn’t always what they want to hear, but it is the answer....
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So you finally found the perfect property that a tired landlord wants to sell. You have to wonder why they trying
to sell. Do they want to upgrade their property with a 1031 exchange, have all the money they need selling you a
ready made money machine, or has the tenant taken control and is now driving them nuts?
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So you finally found the perfect property to buy and to rent out, more commonly referred to and a buy and
hold investment. What you do next will make all the difference in the world in your cash flow going forward.
Assuming the house is currently vacant; we recommend that you put in the purchase and sale agreement
some language that will allow you to market the property before closing.
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