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Updated about 7 years ago on . Most recent reply
Need advice on areas for flipping in Atlanta
I recently went to Atlanta and have been contacting wholesalers in the area looking to flip properties. We were given the list that includes properties in Decatur, Marietta, and Pittsburg. Since I am from out of town, I want to get some opinions from the fellow investors if these areas are any good, and what your advices would be for the areas we should look into. We drove by some of the areas and wasn't sure if they would be a good flip based on what we saw. Any advice would be helpful!
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Don't buy properties from whatever wholesaler suggested Pittsburgh! LOL
I'm an agent and investor, so I'm constantly all over the metro Atlanta area. You can make flips work anywhere besides the warzones. I flip at least a house a month, and I do them all over. I tend to stick with the suburban subdivisions outside of the perimeter with two car garages. Those sell like hotcakes, and the demand is much higher than the supply right now. All of Cobb and most of Gwinnett is gold right now if you buy right, and I have made money in south Atlanta in places like Jonesboro and Hampton.
Citywise, I stay out of East Point, College Park, Riverdale, Decatur (unless it's near ATL), and I avoid warzones like Pittsburgh. The biggest problem in warzones is the vandalism during your rehab! Hope this helps a bit.