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Updated almost 7 years ago on . Most recent reply

User Stats

66
Posts
13
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Alex S.
  • Contractor
  • Atlanta, GA
13
Votes |
66
Posts

Help finding deals in Metro Atlanta

Alex S.
  • Contractor
  • Atlanta, GA
Posted

If I had to find a deal to save my life, I guess I wouldn't make it. Seriously it has been a little rough finding another deal since I sold my last property in Dec, almost 3 months ago. Are others having this same problem? I spent a little over 2K last month on PPC, got a lot of tire kickers and a few buy and hold deals, but no flips. Signed up with an agent...still nothing. Most houses on MLS seem to be overpriced and the ones that may work are gone before I blink. A few wholesalers have called with so called deals. They tell me it's 5k worth of repairs (I never tell them I am a contractor) I get there it's more like 20K. Thought about just building because I can get a basic house completed in about 90 days after receiving permit, but haven't been able to find any decent lots. I found some lots in old neighborhoods, but not sure if it would sell...

So just wondering how is everyone else flipping 10 + houses a year? Is 2K a month on advertising not enough? Went to a few meetings, everyone else is looking for deals, so that did me no good. Mailed postcards ...nada (but only did 1K) I know I should do more. Usually after spending that much online I have a deal..but am I being too impatient. Just some thoughts on others doing deals. Thanks

Most Popular Reply

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3,280
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3,064
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Michaela G.
  • Investor
  • Atlanta, GA
3,064
Votes |
3,280
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Michaela G.
  • Investor
  • Atlanta, GA
Replied

I've always farmed neighborhoods - not working anywhere else but that neighborhood and knowing every street and going into every open house and keeping on top of all listings and sales. 

The neighborhood I'm working in now - I know of at least 5 houses that will be up for sale (not listed) within the next couple of months. I know that because I live in the neighborhood. I walk around and I work on my properties. People know me and we talk. Not just about houses (I don't push the point), but about life issues. 

And when they're ready they'll let me know. 

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