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Updated over 9 years ago,
Atlanta rehab market
Hello BP, I'm considering a move to Atlanta soon and I was wondering how the fix and flip market is. From all the posts i've read on here It sounds like it is very competitive, it's a sellers market, people are feeling the squeeze from institutional investors, prices have gotten to the point where rentals in some areas are hard to cash flow, but I haven't been able to find anything on flips. Also are the suburbs excluded when talking about Atlanta? Because after a quick search of surrounding areas it seemed like there were plenty of deals. While researching an area I was considering (stockbridge) I noticed The number of active foreclosures was well over 100% higher than the national average, other areas nearby were even higher. Am I missing something here? Are some of these suburbs "war zones"? Seems like there are many sub 50k properties around that seem very nice. Any insight from people familiar with the area would be greatly appreciated.