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Flipping in Atlanta, GA
Hey BP community! I'm new to BP and investing in Atlanta as I recently moved here. I'm trying to get a feel for the right markets for my flipping strategy in Atlanta. I like flips with an ARV of no more than $350k, all-in under $250k and with light rehabs (no more than $40k). No add-ons or permits. I have done a couple flips in Atlanta so far (one in Loganville and another in S Marietta) and I'm still trying to gauge what markets to go into. Right now I really like the Smyrna and S Marietta markets (30080, 30082, 30008, and 30060).
From what I've read and heard, I am avoiding West end (30310) and most areas below I-20 (S. Atl.). Other than that I am still looking for other markets to explore. I'm consider Kennesaw, Acworth, Stone Mountain, Tucker, and Doraville to start exploring for more deals. Does anyone have experience or suggestions for those markets? Thanks!
Most Popular Reply
I am from Atlanta born and raised - grew up in Kennesaw. It’s changed so much over the years. Marietta and Kennesaw are still affordable and enough demand that if you have a nice property it will sell fast. You are going to see Emerson and Cartersville blow up over the next 10 years because of the Northwest Cooridor project opening 2 more lanes up (toll lanes) going south to Atlanta in the morning. I’d look at zips like 30144, 30152 (Kennesaw), 30066, 30067, 30068 (Marietta) 30102, 30101 (Acworth). I also like Dallas, GA where I live a lot - it’s growing like crazy and nobody seems to know it (new construction and flipping all over the place out here).