My partner and I are looking to do our first real estate transaction, and we are going to start out by doing a fix and flip. We are looking for a real estate agent to help us find the right property. I have studied Bigger Pockets for years and have a decent amount of knowledge about REI for someone who hasn't actually done a project yet, and I am also a licensed Realtor in California, but I am looking to find a Realtor who is comfortable with doing some hand holding as we navigate our first deal, and who is excited and enthusiastic about fix and flips. We are in the Atlanta area, and an ideal location for our first project would be somewhere in the Fayetteville or Newnan area, but we are willing to go wherever makes sense. I am looking to get connected with potential Realtors ASAP, so please feel free to reach out if you are interested or know someone who may be.
Realtor · Atlanta, GA · Member since 2021 · 239 posts · 120 votes
2y
Hi @Shelby Van Horn I'd be thrilled to assist you with your first fix and flip! My family roots are in Newnan and LaGrange, and I specialize in navigating novice investors through their first deals. Feel free to DM me to connect!
Rental Property Investor · Newnan, GA · Member since 2018 · 99 posts · 56 votes
2y
Hey Shelby! My husband and I have been investing for several years in Newnan and Lagrange. Feel free to DM me with any questions. We can send over a list of investor friendly agents, lenders, inspectors, etc or answer any general questions.
We attend a great meetup in Fayetteville that is the second Thursday of the month (next one is a week away) if you want more info.
My partner and I are looking to do our first real estate transaction, and we are going to start out by doing a fix and flip. We are looking for a real estate agent to help us find the right property. I have studied Bigger Pockets for years and have a decent amount of knowledge about REI for someone who hasn't actually done a project yet, and I am also a licensed Realtor in California, but I am looking to find a Realtor who is comfortable with doing some hand holding as we navigate our first deal, and who is excited and enthusiastic about fix and flips. We are in the Atlanta area, and an ideal location for our first project would be somewhere in the Fayetteville or Newnan area, but we are willing to go wherever makes sense. I am looking to get connected with potential Realtors ASAP, so please feel free to reach out if you are interested or know someone who may be.
Thank you,
Shelby
Hi Shelby! Congratulations on your first fix and flip! I am also a licensed CA real estate agent, and i also flip properites myself. In addition to that, i help investors like yourself secure financing for fix and flips. Would love to learn more about your goals!
Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
2y
@Shelby Van Horn - I'm at the Perimeter. If you need financing for your flip, this is what we do. We can get to 100% of the purchase/reno up to 70% of ARV (guidelines apply).
Also, we get regular off-market flip deals south of the Airport. Reach out and let's connect.
Real Estate Agent · Atlanta, GA · Member since 2020 · 1k+ posts · 1k+ votes
2y
@Shelby Van Horn is flipping a venture you and your partner are pursuing full-time, or is the goal only one flip for now? Since you already have experience in real estate sales, have you considered obtaining your license in Georgia? Depending on how you look at it, you'll technically make money upon acquisition, reducing closing costs via commission. For a property with tight margins, not having your license could be a deal breaker. I can tell you from experience that the margins are already highly tight for fix-and-flip deals marketed on the MLS. If obtaining your license in Georgia isn't an option, I'd also recommend working with a resourceful wholesaler. Even though off-market "deals" can be trash, sometimes you'll receive an opportunity worth exploring.
If you're still interviewing contractors, I'm happy to refer a few vendors. However, remember that most legit/experienced contractors will only scope a property free of charge if you give them consistent business. That's just the nature of this industry. Moreover, be very careful with contractors giving you low quotes; these types of vendors are merely trying to acquire quick business and will likely screw you over halfway through the project. If you haven't already, read "The Book On Estimating Rehab Costs" by J Scott to have an overall foundation.
Best of luck! It's a very competitive market here.