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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 2 times.

Post: Rehabbing in Atlanta

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 9
  • Votes 2

@Rick Baggenstoss

 Thank you for your insight. This is very helpful. I appreciate the break down in the level of rehab that would be completed and the expected profit related to that project. 

Post: Rehabbing in Atlanta

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 9
  • Votes 2

I am searching for an article reporting on the average gross profit a Real Estate Investor should expect to receive if he/she were to rehab a single family home in the metro Atlanta area. I would like to use this article as a reference. I found an article on the AJC stating that Real Estate Investors who rehabbed properties earned on average $50K gross profit in 2014 (http://www.ajc.com/weblogs/biz-beat/2014/jun/20/report-metro-atlanta-house-flippers-lag-nation-pro/). This seems rather high. I am hoping someone with great insight in the Atlanta market can lead me to the right article to reference or provide good insight on what should be expected. Thanks!