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Updated over 4 years ago on .

User Stats

103
Posts
115
Votes
Kalim Kalla
  • Investor
  • Atlanta, GA
115
Votes |
103
Posts

Investors Need to Look at Facts not Emotions

Kalim Kalla
  • Investor
  • Atlanta, GA
Posted

Investment Info:

Single-family residence fix & flip investment in Snellville.

Purchase price: $117,000
Cash invested: $38,000
Sale price: $225,000

Contributors:
David Hooser, Mitchell Kramer, Zach Grady, Drew Dotson, Tyler Uliss, Damicco Robinson

Slam Dunk deal in Snellville. We got this property under contract with the intention of wholesaling it. Every single one of our investors stated that they were not comfortable with the area, or didn't know the area/ "wasn't enough spread for entering an area they didn't know". We decided to purchase the property and flip it ourselves. FACTUAL COMPS ARE ALL YOU NEED TO FLIP A HOME.