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Updated almost 3 years ago,

User Stats

20
Posts
25
Votes
Brian Penter
  • Investor
  • Atlanta, GA
25
Votes |
20
Posts

Rehab vs. Turnkey in Atlanta Metro

Brian Penter
  • Investor
  • Atlanta, GA
Posted

Hey BP community,

Long-time listener, first time caller. My wife and I are looking to get into the game by purchasing our first rental property. I've read the books and know that generally the most upside is created by buying a property that needs work and rehabbing it. However, given the current market conditions, it sounds like rehab projects can take a long time right now and costs are up, due to supply shortages, etc. Taking on a big rehab for our first one is also a bit intimidating. 

Due to that, starting to think that buying something that's move-in ready could be the smarter move. Has anyone had success buying turnkey properties in metro Atlanta? Curious if anyone else feels the same way re: rehab timelines and costs right now?

Appreciate the help!

Brian

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