All Forum Posts by: Charlie Massey

@Ronnie Galindo 

Hey man, I have been investing and working with investors for several years, but I actually just started my own real estate brokerage. Let me know how I can help.

I am in the Monroe, Winder, and Athens areas. Just east of Gwinnett. I will add the appreciation is the best factor when thinking of investing in GA, the growth has been insane. 

But There are still cash flowing deals in these markets also. Just harder to find right now

I’m a broker in the area so let me know if we can connect. 

Ive got several good relationships with some local banks near Athens, GA. Reach out if you are still needing some help. 

I am just east of Atlanta, and the growth is insane. One of our counties had to put in a 1 year building moratorium because they are afraid they don’t have enough infrastructure in place for all of the growth. 

I’d be happy to help if you need anymore info. 

I am interested to learn more about what kind of tax credits or incentives are available for new construction in downtown settings of smaller towns. I am experienced in new construction, but wondering if are there are some significant incentives to take old unused buildings in small downtowns and convert them to apartments, office space, etc. 

This would be a lot of work with your structural engineer, but I'm assuming could have major upside. I am seeing more people want to be in walking distance to stores/ restaurants, and there are plenty of old warehouses/buildings in these small downtown cities in GA. 

Any info or thoughts? 

Hey Robert, I am a real estate broker/ investor in the Athens, GA area. Are you mainly looking for fix and flips? Tons of people are moving out of Atlanta and into the suburbs between Athens and ATL. Let me know if we can connect. 

Investment Info:

Other other investment in Hoschton.

Purchase price: $178,000
Cash invested: $45,000

5 acres raw land, we rezoned from Agricultural to MFR and were approved for 30 townhomes. We are now selling the land per lot.

What made you interested in investing in this type of deal?

The opportunity to build it out or just flip the land.

How did you find this deal and how did you negotiate it?

MLS.

How did you finance this deal?

Cash

How did you add value to the deal?

Rezone, construction plans.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Civil engineers at BMK in Braselton, Ga.

Investment Info:

Single-family residence other investment.

Purchase price: $194,000
Cash invested: $30,000

Large opportunity to add value. We fixed most of it up while living there. Decided to move after a year and turn it into a rental.

What made you interested in investing in this type of deal?

Opportunity to add value.

How did you find this deal and how did you negotiate it?

MLS, it had been on the market longer than normal so I asked them to bring the price down.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Banksouth

Are there any in person seminars in 2021? What are the best ones?