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Updated over 5 years ago on . Most recent reply
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Home flipping in metro Atlanta
My fiance is moving to Atlanta and plans to invest in flipping some properties in the area. Any advice on areas to focus on? Metro vs suburb? Fulton county? Dekalb County? Revitalization areas? I live in the northern suburbs so I'm unfamiliar with the city, but thinking that better opportunities would be available within the perimeter as opposed to outside the perimeter. While he would be new to completing an entire home renovation, a project such as this is within his scope of expertise since he's a licensed general contractor in Des Moines, Iowa and business owner of a landscaping architecture company in that state as well.
Thank you in advance for any advice!
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@Calla Gruss make sure you check inventory in any Intown area. Just as an example, Decatur had twice as much inventory compared to last year at this time. Prices still went up but no more double digits and multiple offers. Every area is different and their are multiple neighborhood pockets within each zip code. E.g. here’s a $1.7 million in 30318 on the NE side of that zip and a $40,000 clucker on the southern end of that zip. But all of that zip has a good potential. Basically, do a lot of homework.