Forum Replies Created
- Alex SC wrote:Sandy you going to get most people following up with responses. I was in Atlanta and still have 5 houses that we dumping for our cost to just get out. Atlanta is still a great market but competition is causing price wars. So hard to source the same properties we were getting months ago.
Thanks Alex – when you say competition is causing price wars, do you mean that the purchase price of properties is higher than in the past, or that rental returns are being squeezed because potential tenants are driving rents down because there is a glut of rental property on the market ?
Interesting that you mention Florida and Detroit. The research I have done says that Detroit, and a lot of Florida are areas to avoid unless you have months to spend picking apart neighbourhoods.
Sandy
Thank you JD for your advice.
Kyle – am interested as to your comment and where you think stronger opportunities may lie? I am looking for cash-flow of 12-14%, without expecting any kind of capital growth for the coming five years.
My research shows that Atlanta provides this.
Sandy
