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Updated about 3 years ago on . Most recent reply

Justine Veal's profile image
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Justine Veal
  • Investor
  • from Atl, GA
  • Member since Feb 18, 2021
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Justine Veal's profile image
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Justine Veal
  • Investor
  • from Atl, GA
  • Member since Feb 18, 2021
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Justine Veal
  • Investor
  • Atl, GA
39
Votes |
61
Posts
Buying & Selling Real Estate

Deal or No Deal? Atlanta

Justine Veal
  • Investor
  • Atl, GA
Posted

Hi yall this property showed up on my desk today. I think it is a deal but I'm a little nervous. What do you all think? My exit strategy is Fix/Flip

Location: 30315 (Near Peoplestown)

Size 3/1 over 1k sqft

Purchase price: $160k

Renovation estimate: $65k

ARV- $265-275K

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Jingru Sui's profile image
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Jingru Sui
  • Real Estate Agent
  • from Atlanta, GA
  • Member since Feb 7, 2014
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Jingru Sui's profile image
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Jingru Sui
  • Real Estate Agent
  • from Atlanta, GA
  • Member since Feb 7, 2014
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Jingru Sui
  • Real Estate Agent
  • Atlanta, GA
316
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683
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Jingru Sui
  • Real Estate Agent
  • Atlanta, GA
Replied

Have you done a comprehensive market analysis for 30315? For 3/1 is the ARV really 265-275K? I saw the average is high 100K. Highest in the past is July last year which might be inline with your prediction. Are you gonna try adding another bathroom to make it 3/2?

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