All Forum Posts by: Kreg Thornley

Kreg Thornley has started 10 posts and replied 27 times.

@Kreg Thornley Great location! Estimate build costs vs. sale price carefully. Consider profit sharing loans or silent partners to reduce risk. How firm is your timeline for completion?

We're still in the "are we going to build or just hold the land?" phase of the decision making process. So, not very firm at this point. Just gathering info.

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I would be interested in hearing more.

1 Vote

Hello all,

We’re exploring the idea of possibly building a single-family home on a 2.66-acre vacant lot we own in a high-end community in South Carolina (to sell and split profits with a funding partner). We’re still in the early stages and just trying to figure out if this makes sense, so I’d love to hear thoughts from anyone with experience in real estate development of this nature.

We’re curious about how to finance a project like this, maybe through an investor or lender open to sharing profits after the sale. What kinds of funding setups or partners might work for a single-home project in a luxury community with amenities like a lake, clubhouse, and golf course, where homes typically sell for $1.5 million to $5 million?

If you have any practical tips or insights on navigating this kind of project, I’d appreciate hearing them. Thanks in advance!

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Hi all. I'm looking for a Georgia attorney who can review option and assignment contracts for my wholesaling venture. If anyone has any recommendations, please let me know. Thanks!

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Atlanta, Georgia

How do you automate your SMS Text campaigns? Is there a service you use?

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Boise, Idaho

Quote from @Paul Flanagan:

@Kreg Thornley Better late than never reply help here. Hope you found a work around for what you wanted to do. A solution that I would use to your problem would be to acquire the ENTIRE tax roll from the county that your interested in for a price by calling them up and asking for it...or use some paid website like "datatree" to acquire the ENTIRE tax roll. Once acquired you could use the fiver or upwork method that somebody mentioned earlier, and get that VIRTUAL ASSISTANT to scrub the entire tax roll down to just the delinquent APN's by cross referencing the APN's on the particular county treasure website. Heck you get the tax roll, and Ill use my team to do it for you!

Thanks Paul. I actually found an experienced skip tracer on Upwork and got a few vacant land tax delinquent county lists at this point. Once I've marketed to those, I may try your approach. I appreciated it! (Also, I sent you a connection request.)

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Hi Tiffany. I'm also based in Atlanta and relatively new to land investing and wholesaling. Own one property at this point and working on finding more. I'll send you a connection request.

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Atlanta, Georgia

Me too. Specifically the 6 month, no obligation to buy, no deposit version.

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Mesa, Arizona

Quote from @Robert Ellis:

Quote from @Kreg Thornley:

Here are the AI results I got for Atlanta:

Metro Atlanta Table: Estimated Land Transactions (50+ Acres, 45-Mile Radius)

| Zip Code | Transactions Last 3 Years | Price Per Acre (Average) |

| 30213 | 12 | $55,000.00 |

| 30253 | 11 | $60,000.00 |

| 30281 | 10 | $58,000.00 |

| 30263 | 9 | $35,000.00 |

| 30214 | 8 | $40,000.00 |

| 30135 | 8 | $45,000.00 |

| 30116 | 7 | $32,000.00 |

| 30215 | 7 | $42,000.00 |

| 30236 | 6 | $50,000.00 |

| 30228 | 6 | $48,000.00 |

| 30127 | 5 | $38,000.00 |

| 30180 | 5 | $30,000.00 |

Zip Codes and Locations:

30213 (South Fulton): A growth hotspot near I-85, popular for residential development.

30253, 30281 (McDonough, Stockbridge - Henry County): Major areas for spec home subdivisions, with high demand.

30263 (Newnan - Coweta County): Farther out (35-40 miles), more affordable land.

30214 (Fayetteville - Fayette County): Growing but slightly pricier due to established communities.

30135 (Douglasville - Douglas County): West of Atlanta, seeing steady large-tract sales.

30116 (Carrollton - Carroll County): Outer ring (40-45 miles), lower prices.

30215 (Fayette County): Similar to 30214, with moderate growth.

30236, 30228 (Jonesboro, Hampton - Clayton/Henry Counties): Southside growth areas.

30127 (Powder Springs - Cobb County): Northwest, moderate activity.

30180 (Villa Rica - Carroll County): Outer edge, affordable for large tracts.

that's amazing, more than likely going to be pretty far, in what area is this generally growing or is in all directions?

According to the AI convo I have going on this, the most activity is currently to the south and southwest:

Metro Atlanta’s large-tract (50+ acres) development within a 45-mile radius of downtown is primarily growing south and southwest, with Henry County (30253, 30281) and South Fulton (30213) leading at 6-11 transactions and $48,000-$60,000 per acre. Southwest areas like Fayette (30214) and Coweta (30263) follow with 7-9 transactions at $35,000-$42,000/acre, while west (30135, 30116) and northwest (30127) see less activity (5-8 transactions, $30,000-$45,000/acre). North and northeast areas show minimal growth due to urbanization.