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All Forum Posts by: Andrew C.

Andrew C. has started 2 posts and replied 4 times.

Post: Several Questions regarding Atlanta Wholesaling

Andrew C.Posted
  • Wholesaler
  • Chino, CA
  • Posts 4
  • Votes 0

Yeah I dropped that contract quick. I'm thinking I'm way over my head. But just so I know, are investors in Atlanta generally looking more on holding properties or rehabbing and selling them?

Post: Hello from Los Angeles!

Andrew C.Posted
  • Wholesaler
  • Chino, CA
  • Posts 4
  • Votes 0

Thanks for the welcome! And as Sandy pointed out, the market here isn't too shabby. There's a steady increase in activity. It's small, but it's noticeable.

Post: Hello from Los Angeles!

Andrew C.Posted
  • Wholesaler
  • Chino, CA
  • Posts 4
  • Votes 0

Hi everyone, my name is Andrew and I'm a newbie in real estate investments, although I'm not new to RE in general. I'm 26 but I've been involved in real estate as an assistant for top producers and as an agent myself. I've always been interested in investing and finally decided to make the career change.

So far I'd love to start out by wholesaling here in Southern California and even in Atlanta, where I have family. I have attended local investor meetings and have met some wonderful people in the business, and now I'm looking forward to connect with the people on Bigger Pockets.

Post: Several Questions regarding Atlanta Wholesaling

Andrew C.Posted
  • Wholesaler
  • Chino, CA
  • Posts 4
  • Votes 0

Hi everyone, I'm new to the board and investing. Although I'm from Los Angeles, I've been looking into investing in Atlanta since I have family out there that can occasionally help. I've read the other threads about what investors say about Atlanta, but what about for wholesaling? What areas should I look into? What are investors in Atlanta generally looking for from wholesalers?

Secondly, I recently won a bid on the HUD website online for an uninsured property in Lithonia. I was very surprised winning the bid at 85% of listing price, as I was just testing the waters finding the threshold. I got it for $40k, but looks like it needs quite a lot of work estimated around $20k+, when the surrounding area is selling for $40-55k. The obvious gut feeling was to cancel it, but as a newbie, could this have been the wrong move? All I'm doing is to look forward to wholesaling it, and I don't think it was a good deal for my end or the buyer's end.

Thanks ahead of time, and I look forward to network with you all.