All Forum Posts by: Jay Dewberry

Hi Brittany. Welcome to BP. If I’m not mistaken, NC is a state that uses closing attorneys which handle the title portion for you just like here in GA. Creating a team is a wise thing to do. There are many various members on BP that work with investors…from realtors and closing attorneys, to contractors and private money lenders. Also, I find that local REIA meetings are a great source of information on local trends, knowledge, mentors, and JV deals as well. Networking with other professionals is great way to stay motivated too. Hope that helps.

Hi Kim. I travel through Columbia often and recently ran into an investor acquaintance of mines. He mentioned that he picks up deals sometimes from networking with members of the local REIA meetups. I don't remember which, however here is a link to several. Hope that helps: Columbia SC MeetUps

Hi Terry. I assume you're looking for ways to generate leads within you zip? Perhaps one place is a search here on BP for investor friendly agents in your area. I'm sure you'd find at least one or two that you could introduce yourself to and let him/her know your investment strategies. If your end buyer is a rehabber, make sure to thoroughly analyze your properties so that it's a win-win for both you and the rehabber. The BP Calculators in the Tools dropdown are very helpful. Also make sure not to focus so much on the median listing as opposed to the sale comps within the area you have chosen to contract in. Your agent will most likely provide this as well. You can also try sources to purchase lists in your area…places like Listsource, MelissaData, ect. (Youtube has some helpful vids). Driving for dollars is an inexpensive way as well. Doing so can begin to familiarize you to your neighborhoods as well. Oh, perhaps attending some REIA meeting in your area. Many times there are other investors that will team up on deals. Hope that helps. Good luck.

Congrats Ashley. Have you given consideration to shopping your deal at the Atlanta REIA meets in Atlanta? They have some very nice Haves/Wants deal maker meets where they analyze, buy/sell deals frequently. Also, post your deal on various sites such as CL. Good Luck!

 I know i'm rather new, but red flags would go up if an owner immediately threw out a number like that so readily with no rhyme or reason (unless perhaps he was in a dire situation). Nevertheless, run the comps, visit the house, neighborhood , research the county listing, google the owners name, speak with the owner and perhaps the neighbors. Arm yourself with as much info as possible. Find out why he wants to sell so you'll have a general idea of what's going on. You may just learn it's a smoking hot deal. You may learn you've walked into your worst nightmare. Hope that helps.

Now that's a creative deal! Congrats Josh!

On the one hand I suppose this says something good about the Atlanta RE market, however how is this a good thing for the little investor? It seems as though Atlanta will be ground zero for one of the largest David v/s Goliath battle this side of the Mason Dixon. Also, has anyone noticed that many of these bulk buyer groups are outside of the state, region, and even the country?

btw, good excerpt read.

Hi Jason,

Depending on which Saturday, I will be back and forth through Augusta at the end of May as well. If our times cross, I would love to participate. Hope to see "y'all" there.

Thanks @Thomas Williamson. Thanks @Darryl T.

I think you may be right. Newton may be a good spot for Buy/Hold as I do see many rentals here. The sales are there as well but I find when I run comps for many subdivisions, they are many times over 6 months to a year old just to find a few similar. Perhaps I should begin focusing on hotspots in Rockdale or perhaps Walton as your mentioned. Gwinnett seems too crazy for me at the moment...lol.

Just had a quick question for you guys/gals on the hot spots for Fix n Flips. 

I am out here in Newton County and I see many houses going up for sale here.  The stats/trends seem to reflect a growth in movement here.  However, I'm finding that many of these homes are being purchased by Corporations with professional Registration Companies, which turn out to be from outside of the state and/or country. 

My question is, are these buy and sell statistics driving up the illusion of people moving to these counties? Or are these counties becoming hot-spots as the prices slowly increase? I'm thinking is could be both out here in Newton. But perhaps an agent/investor/rehabber has better insight.

Thanks.