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All Forum Posts by: Allen Thomas

Allen Thomas has started 8 posts and replied 221 times.

Post: buying Hud homes

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Not only can you not submit bids, but any ol' agent can't either. You'll need to use an agent with a brokerage who has gone through the process of registering with HUD.

Post: Atlanta West - Bad Place to do Owner Occupied Properities?

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Don't do it. Lol That's all I have to say about that. For 130K you can do way better than that area, both in terms of investment property numbers and quality of life, since you'll be occupying the property. 

Post: Ambitious College Student!

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Welcome! I attended CSU for awhile as a joint enrollment student before I moved to Atlanta to attend GSU. I also invest in Columbus. :) Nice place to be! 

Post: Storage Unit FULL of Staging Stuff $1,000 - ATLANTA

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Hey Todd, do you have an itemized list of what you have? 

Post: Advice for newbie in Powder Springs, GA

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Construction as in building from the ground up???

Post: Should I invest in Stockbridge, GA duplex?

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Stockbridge is really far from the city. It's Ok to invest in, but your property won't appreciate as much and less people want to live there than the cities within the perimeter. You can get similar cash flow in the closer suburbs. I saw a Duplex in Stone Mountain last week with an extra half bath around the same price that generated $1400 per month. Let me know if you want to see the listing and I'll forward it to you if it's still on the market. 

Post: Need Atlanta Area (Cobb County) Investor Friendly Contractor

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

What kind of work do you need done? And do they need to be licensed themselves? I have a really cheap guy who lives in Powder Springs that works for a licensed company but isn't licensed himself. 

Post: Location to start my adventure? (Metro Atlanta)

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Anytime Brian! I own Rhythmz & Motion Dance Studio and Proyecto Barrio Dance Company.

www.Rhythmzandmotion.com

Post: Atlanta areas

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

You can find that in many of the Atlanta suburbs. Are you looking to flip or buy and hold? The amount of cash flow you are looking for will greatly impact the areas you should target. I live in Cobb and even out here there's a big difference between investing in Smyrna and investing in Mableton. 

Post: Columbus, GA Meetup

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

It's tough for me to get down there during the week with my crazy schedule. If there's ever anything during the weekend, I'll try to make it!