How to get started in flipping in this market?

Question

I'm a newbie to flipping properties (I've done buy and hold deals only) and wanted to know how to get started flipping properties in the Atlanta market? What zip codes should I be looking at in terms of getting the best ROI?

Hamp Lee III · Answer

One of the best ways might be to join a local (and legit) real estate investment association. There might be individuals in that space there and give give you some pointers or even do a joint venture with them where you learn along the way.

I wish you all the best in your investing journey!

Ben Firstenberg · Answer

This probably isn't what you're looking to hear, but Atlanta is a tough city to just pick a zip code. There are places where you've got million dollar homes next door to broken down ranch houses. Gentrification and development have happened very unevenly in a lot of places throughout the city.

Eliott Elias · Answer

Forget the zip codes, look for the deal no matter where it is.

Serge Roux · Answer

Thanks @Hamp Lee III I've been posting in the facebook groups and here hoping to have a similar effect to the REIAs. I'm based out of NYC and investing virtually. I sold my properties in NY and am looking for a more landlord friendly state (NY is brutal).

@Eliott Elias. I'm doing just that by sending out direct mail every month. I'm looking for the zip codes where I can purchase distressed homes or the up and coming neighborhoods. The home owners I'm speaking with want too much at the moment (I'll be following up with them and maybe their situations changes).

Anyone flipping in ATL that likes a certain area and has a buy box for their flips?

How to get started in flipping in this market?

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