All Forum Posts by: Ryan Johnston

Hi @Brian Baker, do you have specific questions about inventory in those areas?  

This should give some inside on the current Atlanta apartment trend. 

https://atlanta.curbed.com/2017/8/18/16164088/atlanta-real-estate-apartment-boom-has-peaked

The 1% rule is getting 1% of the purchase price of the property as months rent - example 150k home rents for $1.500/month.  I would recommend reading through some of the editorial articles on the forums to get a feel for which route you may want to go.  

@Lee Pittman the most recent comp of a 2/1 duplex was in May at 141 Lindbergh Dr and that rented for $1,525 so that would be my target range.  If your 2/1 is a bit better in terms of upgrades or has a better parking situation then you might be able to push it a little bit.

Hi @Darrell Noe, welcome!  We have BP meet ups once a month for those in Atlanta, link below:

https://www.biggerpockets.com/forums/521/topics/392511-monthly-northern-atlanta-real-estate-meet-up-mastermind

Thats a solid negotiation based on the $425k list price and being listed since May.  I lived on Lindbergh myself and agree the rents are typically lower but the location won't have any issues finding a tenant.  Should get some appreciation there in the next 2-3 years as well.

Hi @Adam Meadows, welcome! While I haven't done wholesaling myself I would be happy to answer any questions or help in any way I can on the SFR side. I have done transactions in each of the counties you mentioned and live in Doraville. I am working with a few other BP members to help them find investment properties.

Hi @Jesse Couch, welcome to the community!  I am currently working with a few other BP members to help them find properties.  I would be happy to see how I might be able to help or point you in the direction of someone that can.

Hi @Maggie Wray, welcome!  I am currently helping a few other BP members with their investment needs in Atlanta.  I am happy to answer any questions you have about areas, comps, or assist in any way I can.  My office is right in Midtown.

Hi @Gregory Brooks. I haven't used him yet but John (House Fix Remodeling LLC) came out and quoted me for our master bath remodel. He came highly recommended from our local area and I will use him once we are ready for the project.

http://housefixremodelingatlanta.com

I'd be interested to know where the property is in 30032 to make sure the ARV of 280k is accurate. I'd be happy to run some comps for you to double check. For painting the exterior is it currently a darker color going lighter or vice versa?