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All Forum Posts by: Regginald Lewis

Regginald Lewis has started 12 posts and replied 43 times.

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6

@Rush Wall only if one of the houses surrounding was not vacant. Then rent would be closer to 1400. Oh well. I do think all if can be lower but you would really have to have some solid contractor pricing. 

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6

@Adam Abdel-Hafez I agree with you I do believe that the rehab is fluffed a tad bit high. I think it can get done for a cheaper amount. The duplex is larger but it is clean. 

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6

@Rick Baggenstoss Yes and that would be 1100 pre side. I do believe it can rent more closer to 13 1400. How do you feel about that statement? What return do you look to see on your rental properties? The square footage is slightly above 2,500. I would say no to curb appeal because of vacancy, however, curb appeal can be accomplished. Also there is a great parking on the lot. It is close to the Beltline and the Westside Reservoir Park also. 

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6

@Adam Abdel-Hafez no this house is on W Lake. What was wrong with that one?

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6
Adam Abdel-Hafez no the property is off of West Lake. What was wrong with that one?
Nothing major the lot sizes are comparable, my house just have more to offer. More good than bad. I see it as a great opportunity just wondered if bigger pockets would agree. Thanks for you responding.

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6
Paul Callaway everything you mentioned is achievable. The renter will be above the 1% rule. Also I was looking at it from a cash buy stand point. Comps are selling around 145k. I've managed to get the acquisition down to 125k. I like having these discusses.

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6
Michaela G. I know I was hip to the change to come some odd months ago and I got my hands on some opportunities over there now it's so competitive its driving the prices through the roof. Still cheap but I just hope the values continue to raise as acquisitions do.
Well I'm into the whole fix and flip Market. I just wanted to know if the Dunwoody area would be as attractive to flippers as the intercity properties are? Also wanted to know what are the flippers paying percentage wise in this market?

Post: Grove Park Duplex Good Idea or Bad Idea?

Regginald LewisPosted
  • Atlanta, Ga
  • Posts 45
  • Votes 6
Paul Callaway what do you think about the numbers on this one ?