All Forum Posts by: Jeremy Dyer

@Will Barnard & @Mike Salisbury

Thank you for the advice gentleman, I will start with what you said and go from their. Mike, if you had some time I would like to discuss further if you could give me a call.

@Emily Powell

I work with an investment brokerage here in Atlanta that concentrates strictly on investment real estate in the area. I have access to off market deals as well as properties on MLS. I would love to speak to you further about what you are looking for when it comes to your buy and hold strategy and see if I could assist you in achieving your goals.

I recently came across some Raw Land in Forsyth Area roughly a little more than 5 acres. I am not sure how to calculate if its a deal and how much of I should be paying. The newly constructed homes in the area are selling for around 185k at about 2000 sq ft on 5-6k sqft lots. Any feedback is greatly appreciated.

How many houses could you build per acre?

Approx cost per house to be built (if around 2k sqft)?

How much should I pay per acre?

What kind of development costs should I factor in?

Thank you everyone for all of your replies. This is why I love BP, you can get great advice from past experiences of savvy people.

@David Abed Thanks for replying but I meant how much do you consider the appraisal when listing the property to resell after the rehab is completed?

I was curious to find out from the rest of the BP community, how much weight do you give to a subject to appraisal you received before rehab when it is time to list your property and sell at retail value? Thanks for all your feedback!

Welcome @Blake Shaw to Bigger Pockets. Its a great community and resource for real estate. I work with a lot of investors in Atlanta and would love to refer you some business. Reach out to me.

Jeremy

Thanks for sharing, I have been trying to keep up with beltline projects, as many of the investors I work with are purchasing homes in these areas for buy and hold purposes as the project continues to grow.

@Christian Ekeogu

Welcome to BP, great to see young people think and plan to set up for their financial future. I have some great referrals to some companies that could help you out with your investment career in Atlanta, as well as access to great rental deals. Wish you all the best.

Welcome to BP @Brandon Schick

This is a great community that will give you a lot of insight and advice regarding real estate. I have attended many Atlanta REIA and GA REIA meetings, they are a great resource to meet like minded individuals, network and gain a knowledge about what is happening real estate wise in Georgia. There are some real savvy investors who attend and could be a big help to you.