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10.5 questions for a beginner Real Estate Investor

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I often get calls from, work with and close deals with folks who want to invest in real estate in Georgia. Some of these folks are from outside of Georgia, many of them know what they are doing and all of them believe that they see value in Georgia real estate. Most of them bring cash. Other folks, from inside Georgia and from outside of Georgia, want to become real estate investors, but want some guidance on where to start. Here are a few basic questions that I need to know about you if you are a real estate investor. 1. what has been your experience with real estate investing? 2. how much cash do you have reserved for real estate investing? 3. how many properties would you like to invest in over the next two years? 4. your intention is to buy, hold and rent properties, correct? 5. if so, then what has been your experience with land-lording? if not, then what is your investing strategy? what is your criteria for what makes a good investment? 6. how soon do you want to … [Read more...]

My Examiner article about Atlanta’s real estate recovery

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“During the fourth quarter of 2009 signs appeared that a long-awaited recovery in detached residence sales may be happening. However, comparing the fourth quarter of 2009 to the fourth quarter of 2008, is like comparing apples and oranges. The depths of the fourth quarter of 2008 are not likely to be seen again soon. Regardless, there are still areas of concern which could limit the degree and time frame of a full recovery.” Click here to read the rest of this article at Examiner.com. I am now the “Atlanta Real Estate Examiner” at examiner.com. They bills themselves as “INSIDER SOURCE FOR EVERYTHING LOCAL.” Subscribe to The Intown Insider RSS feed to get all of my posts. If you want regular, realistic market statistics and quick reads on local real estate economics, local styles and  local trends, 3 – 4 times  a week, then subscribe to my Examiner.com RSS feed. Either way, thanks for reading, thanks for your referrals and thank you for the … [Read more...]