Investor · Woodstock, GA · Member since 2014 · 11 posts · 1 vote
Hey BP!
My name’s Chris.I’m a long-time reader of Bigger Pockets but I’m just now joining the forums.
I run a real estate investment company in Woodstock, GA that specializes in single family residential flips/rehabs.We focus in Cobb and Cherokee.I've been flipping full-time since 2011 and have learned a lot along the way.My 2015 goals in real estate are to continue growing my flipping business, while getting my feet wet with SFR new construction.
I joined Bigger Pockets to meet like-minded people in my area, and to give back to the community that helped me so much while I was getting started.
Woodstock has grown a ton that past couple years. I've lived here for 6 years and the transformation has been incredible. Downtown Woodstock is starting to remind me of Roswell. I love the Canton area. My wife and I have been keeping our eye on houses and lots around Canton/Ball Ground. I currently live on 1/3 acre and it's time for a little more room.
Welcome @Chris Holt ! I'm right down the road from you in Kennesaw. My husband and I just got started in REI late last year. Our focus is also in Cobb/Cherokee, but on buy and holds. Look forward to seeing you around the site!
Canton put the infrastructure in place unlike Woodstock. In Woodstock 92 used to be a one lane road. It was backed up for hours getting anywhere and you had to take side roads.
Canton saw this and said we will put in the growth that is not here yet and be ready for it.
Before Ball Ground close to the airport there is slated to be big growth with the landing and take off extension. The longer runways will allow more private and larger jets to land. This makes it good for doing business and travel because they do not have to go into Atlanta.
There is also a big loop being constructed in Canton that will mitigate 575 traffic.
It's good to hear from local people. I graduated KSU in 2010. Best of luck to you guys with your goals in 2015. The Woodstock/Marietta/Kennesaw market is booming.
I love the Rome area. I had a few friends go to Berry College years back. The friends I know that are living in Rome say it's difficult to find a nice SFR available for rent, I'm sure you'll have tons of demand for your properties. Downtown Rome has a lot of Multifamily, but I keep hearing about the lack of Homes for rent. Best of luck to you!
Welcome! I have been considering the Cartersville area and surrounding areas. Can anyone give their thoughts on focusing there for wholesale and flipping? Would Kennesaw be better?
Figured Id stop by and say hello too! Im not too far from you, I live in the Roswell/Alpharetta area. I am new to the site as well and am looking forward to learning all I can, to hopefully make my first fix/flip sometime this year!
@Julie Kern I will let you know anything I find out. What areas are your properties in now and do you feel that is a good area? Curious as to how you found the properties also, if you don't mind sharing.
Hey @Azeez K. Thanks for the Welcome and the invite to the meetup. I won't be able to make it on the 19th, but please keep me posted about future meetups.
I know more about Kennesaw than I do Cartersville. Right now Kennesaw is a sellers market. Not as many distressed sales, pretty high demand for that area because of KSU housing. Kennesaw may be more difficult to acquire distressed properties, but once you did, the resale would be in high demand.
I don't have any buy and hold properties in Cartersville, but it looks like highest demand for properties are around the downtown area, and in close proximity to HWY 41. Those are also the best areas for long term appreciation.
@Sheryl Gurvey , we have two (rental) properties in Kennesaw. Bought one off of CraigsList and one off the MLS. Both were distressed and being sold by landlords who wanted to get out of the business. We bought them both at a discount (15-20% below ARV). We paid cash for both and moved fast - quick offer and short DD.