Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

75
Posts
12
Votes
Ken Reed
  • Investor
  • Smyrna, GA
12
Votes |
75
Posts

Two great deals. One for landlords, one for developers

Ken Reed
  • Investor
  • Smyrna, GA
Posted
Hello Investors, Buy one or both of these great deals! Calling developers and buy/hold investors.

Property Specifications

2778 Harlan Dr. East Point, GA 30344
Click Here for pictures
2 Bed/1 Bath
960 SqFt
Built in 1940
Tenant Occupied drive by only. Do not disturb tenant! Access during DD only!


Quick thought
This home is within 0.1mi of smoking hot Jefferson park area with 3/2 renovations selling in to the low 200's! This is a great starter or addition to any portfolio. The tenant has been in place for over 17 years. New roof installed 2016. Tenant is on a month to month lease. You can keep the tenant while values climb in River park w/ 3/2 homes already selling in low 120's. Or you can ask the tenant to vacate do small renovation and rent for market rents of ~$800-950/mo. Then renovate in a couple years to flip for big profits!

Numbers
Cash Price: $38,750 Asking
Title Clear Ready to Close! Make me an offer!
Rents- Current 17yr+ tenant paying $555/mo
Market rents- $800 for 2bd, $950 for 3bd.

Want to buy it? Interested in a JV opportunity?
Click here to make an offer. Bring all offers! Have capital, but not the expertise to manage, let's talk and work out a JV deal.


Deal #2


Property Specifications

755 Martin St SE, Atlanta, GA 30315
(Click Image for Video Walk-through)
Click Here for pictures
Click Here for Survey

1 Bed/1 Bath
651 SqFt
Lot 2,500 Sqft
Built in 1920
Vacant access is by lockbox email/text for code


Quick thought
Inside of the home features 10ft ceilings, you can either add ~1,200sq ft by extending the existing footprint and adding a second floor or tear down and build new. This home overlooks phoenix park and is minutes from Grant park. New construction in this area sells for 500-550k. Your smaller modern should easily fetch 400-450k.

Numbers
Cash Price: $98,500 OBO ( price reduced)
Title Clear Ready to Close! Make me an offer!
Rehab - 160k ( 150k for build, 10k in permits)
Arv- 400-450k

Want to buy it?
Click here to make an offer. Bring all offers! Have capital but not the expertise to build, let's talk and work out a JV deal. My team has built several New construction projects throughout Atlanta.


Do you have a specific request?
Reply to this email with your buying criteria!

Got questions?
I have answers. Feel free to contact me.

By the way...
Have capital and looking to JV? That's something we can do too. We have several new build and renovations that we're doing in Atlanta and we're open to partnership opportunities. Want to be part of my lender network? Reply to this email and I'll send you a whitepaper!

Ken Reed, Investor
[email protected]
404-487-8823

Please note: all estimates and assumptions are not a guarantee for the performance of the investment. Buyers are responsible for conducting their own due diligence. Property is either a property we own or we are marketing our assignable rights to contract we have on the property. Agents add your commission, wholesalers bring your buyers let's work together.
Offering

Loading replies...