All Forum Posts by: Tyler Willis

Just wondering about the 19120 (Olney) section of the city. Are there many investors that invest there? I'm sure it would be more so for rental income. I'm curious as to what are the rental rates and what do Ohiladelphia investors consider a good cap rate? I'm thinking of purchasing a property there but want to make sure I make the correct decision. 

@Joshua Feit The West End can be a very scary place for investors that are not very familiar with it. It really depends on what section of the West End you are in. There is one area that is great with prices that in the high $100K's with young professionals moving in. While other sections have not caught up in any way. It's hard to give you an honest professional opinion with out knowing the direct location

Hi Curt. I am not a wholesaler. I posted this just wondering what the general consensus is on the area.

Just wondering what the bigger pockets community thinks about the West End in Atlanta. And when I say "West End" I mean the historical area (Peeples, Beecher, Oglethorpe etc).

About two years ago it would be a struggle to sell a newly renovated home for between $175K and $200K. However now things seem to be a lot better. What are your thoughts?

Hi Galen,

The time frame may vary depending on the amount of work. But there is a good chance you can get the permit that same day. It all depends. But I don't think it should take you that long.

@Ali Boone Hi Ali. I have not come across anyone who works exclusively with commercial deals in the Intown office. There are a few that handle both residential and commercial very well.

That's very refreshing to hear Jessy. When you can feel free to give me a call. That is a realistic budget. And it also may enable you to buy in very up and coming areas as well which would be great to hold. I look forward to speaking with you more in depth.

Hi Jessy,

I am a realtor here in Atlanta and would be happy to help give you a run down if what is happening in the Atlanta market.

I will say the days of buying a property for $40K and only placing $5K in repairs are gone. We are now in a sellers market for homes under $500K. It all depends on what your budget may be, and flexibility.

Tyler Willis, REALTOR®
Keller Williams Realty Intown Atlanta
621 North Ave NE, Suite C-50
Atlanta, GA 30308
Office: (404)541-3500
Direct: (678)656-5524
tylerwillisintown.kwrealty.com

Hi everyone. Is there anyone attending tonight's monthly meeting? This is my first time attending. If you are also attending let me know so I can say hello and shake your hand and network a bit.

Also on a side note...since I am looking to get involved in Fixing and Flipping here in Atlanta I am looking for a seasoned mentor as well. If your up for taking me on please let me know!

Thanks!

Just wondering what you guys consider to be a pod ARV when flipping properties. Personally I like to consider at least 65% to 70%. However here in Atlanta being a sellers market it's a bit tight here. I'm seeing a lot of potential properties listed a fair bit over market value. Which can be a good thing since it may scare off other investors from making offers. But bad since it may be a sign the sellers/bank may just be unrealistic on what they can truly sell the home for.