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Updated over 6 years ago on . Most recent reply

User Stats

15
Posts
2
Votes
Tish Simmons
2
Votes |
15
Posts

Fix and Flip or hold in Decatur, Ga 30032

Tish Simmons
Posted

I'm about to buy a house in the Peachcrest community for 115k for a 2/1 at 975 sq/ft. The av comps are anywhere between 150/210k. Because I'm new to this, was wondering if I should fix and flip, or hold.  And if anyone knows anything about this area, i'm open to gaining more knowledge. I see it's being gentrified. 

Most Popular Reply

User Stats

25
Posts
3
Votes
Alana Coke
  • Flipper/Rehabber
  • Atlanta GA
3
Votes |
25
Posts
Alana Coke
  • Flipper/Rehabber
  • Atlanta GA
Replied

hi girlie... im in the Atlanta area and I'm familiar with that side of town private message me with your number or I'll give you my number it's a lot of things you need to look at and it's kind of too long to type hair basically in a lot of cases for buy-and-hold the amount that you should be getting for the rent should be equal or greater to 1% of your all-in price that includes purchase and repairs if you want me to elaborate I'll be happy to help

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