General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago, 01/23/2016
Atlanta area sub $50K homes
Good afternoon,
I frequently come across smaller homes (10k sq ft or less), and was wanting some thoughts on whether investors consider these "deals"? It is difficult for me to come up with ARV, but I am confident in rental prices. I know the area well, but am still new to Wholesaling and REI investing in general. If you are able to come with the numbers for these to be deals, I would love to hear any tips or experiences you may have with these homes in the area.
Thanks!
Holly smokes! I didn't realize there were so many homes in your part of the country that were over 10,000 sf! The houses there must all be huge if you are asking if ones smaller than that have any market appeal.
Look at the market statistics. That will tell you if they do.
10k sq ft? Thats mansion size, isnt it?
1-800 Accountant
|
Sponsored
Unlock Year-End Real Estate Tax Savings: Buy your accounting services now and deduct them on your 2024 taxes. Flat rate, never hourly.
@Account Closed
I'd be willing to bet that was supposed to be 1K sf. Lol. 1000 sf homes. I see a lot of these in my area as well. They do well for a low income rental if thats the game you want to play. 2 bed 1 bath or 1 bed 1 bath.