All Forum Posts by: Cheryl Wilson

@Patrick Miller- It's Jonesboro/Riverdale....solid rental community

@Michaela G. - The rehab comps are solid at $125K. This one seems like a solid buy n hold deal. The full rehab costs are closer to $35k with updated kitchen/baths, roof,hvac, interior/exterior paint. AS is comps are up to $85k.. Seems like this would work for BRRR startegy. I've only done fix n flip... still new to buy & hold.

Thanks!

Hello there,

I am evaluating a buy and hold in Atlanta,GA

--- ARV = $125K, As is Value = $85K and Rental Repairs = $15K.

Rent in the area is about $900/month.

Looking to sell to an investor for about $75K.

Does this sound like a good deal for a buy and hold investor? The house needs HVAC replaced and the roof is about 25 years old but does not need to be replaced immediately.   Otherwise the house is in good condition.

Thoughts?

@Marvin McTaw  - Is this property still available? Please DM me. Thanks!

@Stassa Austin - Congrats on taking your first step. Regarding networking, you'll find a networking events every day of the week in Atlanta. Take a look at Georgia REIA, Atlanta REIA and South Atlanta REIA for networking and training opportunities. Also, take advantage of the BiggerPockets podcasts too.

Regarding wholesaling, I am a fan of Max Maxwell  and many others. You'll find Max on YouTube and his Facebook is excellent. There are many aspects of real estate investing.  Let's connect in person when time permits.

Hope this helps!

I have some contacts who buy for a hedge  fund. Would you  contact me?

Thanks

Cherylw

Hi Stassa, Welcome to Biggerpockets. I invest in Atlanta and Decatur. I network with people who invest in several local markets. I find value in the local REIA groups.

Can you let us know what you want to accomplish and what you've done so  far in terms of training? 

Thanks, 

Cherylw

 That was difficult turn of events. Good advice .

I network with investors,wholesalers and investor friendly real estate agents.

Hi, if you're in Atlanta, then the South Altanta REIA , Vacation & Short Term Rental Super Group meets on August 27. Just Google South Atlanta REIA and check out their event page for more details.