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All Forum Posts by: Allen Thomas

Allen Thomas has started 8 posts and replied 221 times.

Post: Can't Find A Contractor (Austell, GA). Advice Needed.

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

All I do is rehabs, so I have some contacts as well. I saw that others have offered already, but feel free to reach out if you need them. 

Post: New Investor in the Cobb County Georgia area

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

I use Raimondi & Associates. They have an office in Kennesaw and one in Atlanta. Very convenient.

Post: Introduction

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Welcome! There are vast resources on BP! Soak it all in...

Post: Powder Springs, GA vs Lithonia

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Hey Chudi,

The farther west you go, the lower the rent. For example, Powder Springs has better schools than Austell, but the rents in Austell are higher because of its proximity to Atlanta. 

Post: New Member from Fort Benning, Ga

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Welcome! I own some rentals down in Columbus. It's a good rental market. Feel free to reach out anytime! BP is an amazing educational and networking resource, as I am sure you are finding out! 

Post: New Investor in Cobb County (Atlanta, GA)!

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Welcome, and good luck with your journey!

Post: Has Anyone Had Success Using Realtybid.com?

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

Thanks Naveen. My auction.com experience was similar. Not all of the listings state that they are conveyed by QCD, just some. I still haven't heard from anyone who does much business with them, and that worries me...

Post: Another Flip Sold and Done! - Before and After Pics with Numbers

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

This is in my neck of the woods. The renovation looks nice. Well done! 

Post: Finding ARV for Fixer in Phenix City, Alabama

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

The appraiser is going to go with the three most recent comparable properties regardless of whether it's a qualified sale or not. I just had FIVE really bad appraisals in Columbus. Due to the high volume of foreclosures being purchased but not resold at retail value (investors like myself are purchasing to hold), appraisals came in significantly less than the assessed values, Z'estimates, etc. 

Post: New Member from Atlanta

Allen ThomasPosted
  • Real Estate Agent
  • Austell, GA
  • Posts 232
  • Votes 74

It's all about opportunity. Smyrna is definitely hot, but there are occasionally distressed homes that are priced well enough to make a good profit. The great thing is that it's a place people really want to live, and that helps a lot.