All Forum Posts by: Brandon Comer

This house is located right on Dogwood Drive surrounded by updated homes with comps reaching $200k. Here are the numbers up front:

Purchase Price: $87,500

Rehab/Holding Costs: $44,000

All In: $131,500

ARV: $175,000

This beautiful 3 bed, 2 bath, 1,318 sqft home was built on just over a quarter of an acre of fenced-in land in 1950 with originally 1,118 sqft however the current owners added an additional 200 sqft to the master suite in the early 2000's. Here is the quote from the GC as to what all must happen to bring the property to its max potential:

Repair original hardwoods

Open wall between kitchen and dining room

Update Master Bathroom

Add double vanity

Retile Shower

Update Fixtures

Optional to close up access to backyard

Redo Front Porch

Adding an A-Frame porch was recommended for curb appeal

Take down wallpaper and paint walls

Refinish kitchen cabinets

New Appliances

Paint the house a blue-grey color similar to the neighboring property

The time frame on this project was projected at 5 weeks from start to finish, which may vary depending on your crew.

Comps in the area include:

3344 N Whitney Ave, Hapeville, GA 30354 - 2 beds 2 baths 1,215 sqft sold 03/2016 for $160,000

3035 Dogwood Dr, Hapeville, GA 30354 - 3 beds 2 baths 1,689 sqft sold 09/2016 for $185,000

3010 Dogwood Dr, Hapeville, GA 30354 - 3 beds 2 baths 1,440 sqft sold 11/2015 for $153,000

3110 Grove Cir, Hapeville, GA 30354 - 4 beds 2 baths 1,047 sqft sold 06/2016 for $183,000

Check Out the Property Here! Here are the numbers up front:

Purchase Price: $24,000
Rehab Budget: $32,000
All-In minus Holding Costs: $56,000

ARV: $89,900+
EASILY RENT IT OUT FOR $950.00 - 1050.00/mo (1.69-1.78%)

This was originally a 2/2, 1084 sqft. house but the original garage was converted into a third bedroom, bringing the total square footage to just under 1300 sqft. This house sits on just over a half an acre of fenced-in land. This house has damage from a kitchen fire and will need a new kitchen. According to the GC, here is what needs to be done to get the property rent-ready:

• New windows
• New laminate wood floor throughout
• Drywall repair
• New Kitchen
• New Roof
• Updated bathrooms
• Minor landscaping

It is currently available to walk through and inspect.

@Andrew Cordle no EM has been given to the attorney. Call with questions 678-631-6101.

This property is a 3/2 up top with a 4th bedroom, spacious bonus room and full 3rd bath downstairs along with a massive 2 car garage. Total 4 bed, 3 bath and 2,526 sqft. Here are the numbers:

Purchase Price: $275,000
Rehab: $46,200 (Quoted By GC)
All In: $321,200

ARV: $399,900
Profit of: $78,700

The Rehab includes:

1. New kitchen Cabinet Doors
2. Granit Counters
3. Open Wall Between Kitchen and Dining
4. Dark Hardwood Throughout
5. New Hall Bath
6. New Master Bath
7. Landscaping
8. Paint
9. Pool demo will be extra cost of renting a dumpster

Comps for this area are:

1. 3524 Billingsley Dr, Marietta, GA 30062 - sold 12/15 for $425,000
2. 3472 Princeton Corners Dr, Marietta, GA 30062 - sold 06/16 for $466,169
3. 1308 Bucks Ford Pl, Marietta, GA 30062 - sold 04/16 for $385,000

For more info, contact Brandon at (678) 631-6101 or email [email protected]

This is a STEAL, Investors are buying up condos in this neighborhood for $25k plus repairs

, but this property is selling for $18,000 and will need $14,000 in work to make it rent ready. These condos are renting for over $800.00 per month! This is a 2 bed, 2 bath roommate style condo and will easily rent out 12 months out of the year with the way Lithonia is growing. You won't find a 30% annual return on many investments; NOW IS YOUR CHANCE! Call now, we have people walking the property throughout this week and chances are it'll be gone by Thanksgiving! 678-631-6101

Interior

Interior Features: High Ceilings (9 Feet or More) Main Level, Private Front Entry, Wall-to-Wall Carpet

Fireplace(s): None

Appliances: Dishwasher, Double Ovens

Rooms

bathrooms

Total Bathrooms: 2

Full Bathrooms: 2

Main - Full Baths: 2

Master Bathroom: Tub/Shower Combination

bedrooms

Total Bedrooms: 2

Bedrooms Main: 2

Bedroom Features: Bedroom on Main Level, Master Bedroom on Main Level

1st/Main Floor Master: Yes

other rooms

Kitchen: Laminated Countertop, Pantry

Dining Room: Separate Dining Room

Laundry: Laundry Room

Other Room 1: Separate Living Room

Additional Information

Shared Amenities: None

Exterior

Exterior Features: Walk-Out Balcony

Parking

Carport: 1 Car Carport

Carport Spaces: 1

Parking Features: 1 Car Carport

Location

Area: 43 - Dekalb-East

County: Dekalb

Subdivision: Fontaine

Driving Directions: I-20 EAST TO PANOLA RD, RIGHT OFF EXIT, LEFT ON FAIRINGTON PKWY, MAKE A LEFT AT TEND, RIGHT INTO COMPLEX RIGHT @ FIRST STREET, BLDG ON LEFT

Direction Faces: SE

School Information

Elementary School: Fairington

Middle School: Salem

High School: Lithonia

This property has a lot of potential to it. The unfinished basement adds a lot of value to the property if completed. Below are two scenarios that can take place:

• Finish Basement: $55,000 in rehab costs, ARV of $190-205k with comps
  • This will add another bed and bath to the property, making it a 4 bed, 2 bath house, which in Jefferson Park, will demand upper 190's to low 200's.
  • This also includes adding dormers to the 3rd room on second floor, an awning above the entrance, landscaping, opening up the wall between kitchen and living room and redoing the existing bathroom.
• No Basement: $40,000 in rehab costs, ARV of $165,900
  • This includes adding dormers to the 3rd room on second floor, an awning above the entrance, landscaping, opening up the wall between kitchen and living room and redoing the existing bathroom.
There is already activity on the property and a few verbal offers, so call Brandon ASAP if you'd like to view the property. 678-631-6101 

Click for Pictures

This property is on the edge of Jefferson Park, within minutes of both the airport and Downtown Atlanta. Selling for $65,000, this property will need $40,000 in repairs:

• Open up the wall between the kitchen and living room
• New bathroom
• Landscaping
• New Fence
• New Kitchen
• Laminate Wood Floors

Once renovated, this property will demand $165,900 all day. Multiple houses like this one have sold for this and more recently. Call Brandon at 678-631-6101 for more information.

Click for Pictures

Beautiful Buy with a chance to make $100k in NW Georgia

This property is within 1 mile from downtown Acworth and Lake Allatoona. The house has already been torn down. The property 3 doors down will be making close to $120k after all is said and done.

Utility connections are still there, trees have been taken down to make room for a 2600 square foot house. Estimates from GC's put the project at $53/ft ($137,800) for a 2600 ft house to be put on the property.

Call Brandon immediately for any more information. 678-631-6101