All Forum Posts by: Andrew Cordle

1513 Glenwood Ave SE
Atlanta GA 30316

This home was built in 1958 and is located in Atlanta’s East Village. It includes 2 bedrooms, 1 bath and is 1145sqft of living space. This will be a complete tear-down and rebuild from top to bottom. The East Atlanta neighborhood has been around since the late 1800’s and was voted as Atlanta’s Best Neighborhood for two consecutive years in 2007 and 2008. East Village is known as being a friendly, warm community and residents rave about the local Farmers Market. Parking in East Village is never a problem and there’s a wide variety of food, entertainment, and coffeehouses that make East Village a peaceful and pleasant community to be a part of!

Andrew

1475 Mcpherson Ave SE
Atlanta, GA 30316

This diamond in the rough is located in the East Atlanta Village neighborhood. It has 1151 sq ft of space and currently includes 3 bedrooms and 1 bath. We are taking the opportunity to completely tear down and rebuild this home that was originally built in 1935. The East Atlanta neighborhood has been around since the late 1800’s and was voted as Atlanta’s Best Neighborhood for two consecutive years in 2007 and 2008. East Village is known as being a friendly, warm community and residents rave about the local Farmers Market. Parking in East Village is never a problem and there’s a wide variety of food, entertainment, and coffeehouses that make East Village a peaceful and pleasant community to be a part of!

House number #3

Andrew

528 Angier Ave NE
Atlanta GA 30308

This historical home was built in 1920 and is located in the Old Fourth Ward neighborhood of east Atlanta. The home’s square footage is 2729sq ft, and it sits on a 6891sqft lot.

The home also includes 3 bedrooms and 2 bathes. The Old Fourth Ward neighborhood has garnered national attention as “a cradle of culinary and artistic innovation and as a symbol of gentrification.” The neighborhood is best known as the location of the Martin Luther King Jr. historical site. In 2010, Atlanta-based newspaper, “Creative Loafing” awarded the Old Fourth Ward neighborhood as “The Best Bet for the Next Hot Neighborhood.” In 2011, the neighborhood celebrated the opening of the “Historic Fourth Ward Park” and saw the kickoff of the “Ponce City Market” project.

Phase 1 will be coming shortly.

Andrew

417 Augusta Ave SE
Atlanta, GA 30315

This 3-story Victorian home was built almost a century ago in 1920 and is located only 100 yards from Grant Park in the historical district of downtown Atlanta. This Victorian is one of the largest homes in all of Grant Park. The heated square footage is 3384sqft and includes 6 bedrooms, 4.5 bathrooms, and 8 separate fireplaces! It even has it’s own separate 1000 square foot guest house. The ceilings are 12 feet plus throughout the home which includes a vaulted kitchen ceiling as well as loft space on the third floor. The home is located in Grant Park, the oldest city park in Atlanta. Grant Park was founded in 1882 and serves over 2 million visitors annually. It is also the location of the Grant Park Zoo which is known today as Zoo Atlanta.

OK guys so here is the first house, I will keep in touch on Phase one very soon. 

Andrew

Hey Everyone, 

I began flipping houses more than a decade ago. I can recall how lost I was when I started and I wish that I would’ve had someone to guide me through the process and allow me the opportunity to avoid all of the mistakes and pitfalls that new investors experience. I’ve done a lot of thinking over the last few days about how difficult it was for me when I began. I thought about how hard it must be for the present investor without experience.

I am on Bigger Pockets almost every day and have seen countless examples of investors who talk about how much they wish they had a mentor or someone to help them along their investing journey. So, I’ve decided to try and help a little. I am a strong believer in “teaching people to fish” rather than merely “giving them a fish.”

Over the course of the next several months, I will be posting an on-going series that details my 8-phase process to flipping for (5) Atlanta properties. The price points of these investments range from $400,000-$750,000. The flips will include everything from new construction to major rehabs to full gut jobs…and even a really cool turn-of-the-century Victorian home located in Atlanta’s Grant Park Historical District! In addition, you will be privy to all labor and material costs. I’ll even share the material SKUs I use on these 5 flips. I will try to answer all questions as I guide you through this journey, step-by-step. And there will be plenty of before, during, and after pics for your viewing pleasure and even some videos.

I wish that someone would’ve done this for me ten years ago. It would’ve saved me tens of thousands of dollars and a whole lot of stress! Keep in mind, however, that flipping properties will never be easy. It takes a lot of hard work, on-going education, and dedication to flip and turn a profit. And unlike many of those TV shows and news reports, house flipping, although seemingly simple, it's not as simple as it seems! I'm going to do my best to simplify the process. At least once a week hopefully more, I will be sharing one of the eight phases of the flip as we do them. I’ve put together the following checklist for each of the eight phases - which simplifies what, in reality, can become a very complicated process. I want to remove some of those complications! Here are the 8 Phases of the Flip:

The 8 Phases of Flipping:

1. Project overview - basic info, size, location, numbers, how found property, budget, blue prints, permits, surveys

2. Demo - cost, number of dumpsters, time start to finish, crew size, landscape clean-up

3. Rough Construction - framing, electrical, HVAC, plumbing

4. Exterior - window, siding, roof, decks/porches

5. Interior - drywall, trim, doors, flooring, paint

6. Kitchen - layout, cabinetry, countertops, backsplash, appliances

7. Bathroom - vanity, countertops, fixtures, tile, floor, shower, accent

8. Finished product - landscape, punch list, cleaning, branding, staging

Be sure to keep in touch and feel free to submit any inquiries you may have. I’ll do my best to answer all of them. If you happen to be in the Atlanta area, Maybe I could show you the flip process in-person if you would like. 

For now here are the 5 houses: The next post will be later today explaining each of the 5 houses in detail. Lets do this!!!

Thanks and see you later today with a post for each house!!

Andrew

@Kathleen Leary

Thanks for the comment. Good luck on your project this weekend if you need anything please let me know. 

Andrew

FYI... The ICOS meet location has changed to:

See you there!

@Adam D.

You can come to the first meeting for free. After that you have to join and it is as low as 99 to a business and it is 349.  

Meeting is from 7pm to 9pm

Also there is no sales whatsoever. It is really just a mastermind. 

Andrew

The major change we made in this house was opening up the walls and headers between the living room, dining room, and kitchen area. This was kind of challenging as our contractor had to analyze the structure closely to figure out where the load-bearing walls were located. Home Depot glass accent tile added a major wow factor to this kitchen back-splash. The new kitchen layout offered much more of an “open concept” by removing the upper cabinets above the bar. There weren’t a whole lot of other options to enlarge the kitchen size, but we used an upgraded granite counter to enhance the kitchen area.

Here are some of the SKU’s we used in the kitchen:

Cabinets – Unfinished Oak Cabinets (387-246)
Cabinet Color – Antique Tin (PPU 18-3)
Cabinet Handles – 3? Liberty Stainless Steel Bar Pulls (731-837)
Backsplash – Paradise Bay (364-610)
Backsplash Grout - Polyblend #382 Bone 10-lb. Non-Sanded Grout (123-851)
Stove – Frigidaire 30-inch, 5.0-cubic feet with Self-Cleaning Convection Oven in Stainless Steel (548-983)
Dishwasher – Frigidaire Gallery 24-inch, Front-Control in Stainless Steel (169-416)
Microwave – Frigidaire 30-inch, 1.7-cubic feet, Over-the-Range in Stainless Steel with Sensor Cooking (533-524)
Refrigerator – Frigidaire Gallery, 26.6-cubic feet, French Door Refrigerator in Stainless Steel (405-432)
Granite – Meera White (Custom Granite Company)

@Rick Baggenstoss

ICOS is probably more mastermind like, and we normally have about 20 people with those 20 attendees I would say there is 15 or so that are really doing deals not tire kicker investors. 

Being a little more mastermind like when we teach on a subject it is very open to questions and thoughts verses classroom style teacher to students.

However, I want you to understand we support both of those groups and are not trying to bash either group I was trying to answer your question but I want to make sure you don't think we are against the other groups. 

I hope that helps a little let me know if you have any more questions.

AC