Atlanta Market Saturation

[Ethan Henning]

Hey fellow Georgia investors,

Who all is currently active in rehabbing and flipping homes in the Atlanta area? How are you sourcing your deals? How do you scale into doing multiple projects at one time? I would love to hear some feedback and connect!

[Rick Baggenstoss]

I've found the big wholesalers to be worthless and even damaging sometimes.  They hire good people who are well-intentioned and create a boiler room like mentality where projects are pushed hard.  The result is that newbies buy stuff they shouldn't and lose their butts.  (I've never bought from a big wholesaler.  It's just an observation.)

Individual wholesalers seem to be effective sometimes. Direct marketing and MLS are ok too. The best is a combination.

@Ethan Henning How many projects have you done? How long have you been in real estate? Any references from people who have sourced deals from you on Biggerpockets?  Maybe we can watch one play out like "Diary of a Big Wholesaler deal."