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Updated about 8 years ago on . Most recent reply

User Stats

25
Posts
6
Votes
John Calcaterra
  • Real Estate Broker
  • Loganville, GA
6
Votes |
25
Posts

School systems dictate wether I flip or buy and hold

John Calcaterra
  • Real Estate Broker
  • Loganville, GA
Posted
I have done 5 flips and 2 buy and hold deals over the past few years. My strategy is based around high school ratings. I am lucky to be in real estate full time all day, every day. If I can get 1% rental rule on a move in ready house in a high school district with a strong rating, I like it. If the rating is weak, I'm looking to rehab and flip assuming the numbers work. I target Gwinnett/Walton/Newton/Henry. I use great schools dot org because that is the advice I give buyers when looking for houses and they ask me about the area schools.

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