All Forum Posts by: Venson Nunnaley

I usually put a 10% buffer in my rehab estimates to cover any unexpected costs that may arise.

Hey Chris, this is a great area to get started in.  YOY we've observed substantial growth in market values and I have helped a lot of investors get tapped into flips and rentals in College Park, East Point, Riverdale, Hapeville, etc.

Are you considering starting a rental portfolio or getting into some flips?

Hey Sam,

I'm an agent in Georgia.  Atlanta has a lot of potential and I am glad to see that you agree!  I've helped a lot of investors this year understand the market, access deal flow, develop relationships with contactors, cash flow properties with the right property management company, etc.  I'm happy to introduce you to anyone you need in this area!  Good luck

Hey Kevin, I'm an agent in GA and have sold some good value add properties in Acworth, Rome, Blue Ridge, etc. this year.  If you want to connect about looking for more properties in these areas, let me know. I'll be glad to help where I can.

It depends what you're looking for, Thomas. I get a lot of SFH, small MFH, land/lots, and the occasional commercial. If you're looking more for larger commercial investments, Bull Reality is nice. If you want something in SFH, small MFH or land, I will be glad to connect you to my brokerage.

Hey Mackey,

It's exciting to hear you starting out on this venture.  I've helped a few new investors get their footing in the Atlanta market by getting access to consistent deal flow, establishing network connections, understanding the market, and running analysis.  If you're looking for anything like this in your business, let's connect.

Firstly, it's depends on the location of the property and the quality of renovation you are looking to complete.  I just did a full rehab of similar size in Jefferson Park for $80k.  The finishes for this one are nice, but not designer.  When you're considering adding bedrooms, bathrooms, removing walls, installing load bearing beams, etc. I don't think price per sqft is the best way to asses the cost.  I have quite a few contractors and help a lot of newer investors establish their investment networks in he Atlanta area.  If you need help, let me know.

I'm trying to develop my network in the Atlanta market and found two MeetUp's this week that I will be attending. The first one is 'REI on Tap' and the second is 'Real Estate Connections ATL'. I'm just trying them out, but vetting them online they look like good opportunities. I hope this helps!

@Austin Wolff,

We've been doing a lot of deals in these areas and are observing similar trajectories as the census data. The price points in these three areas are attracting many investors and consumers are flocking as well because of the relative affordability. There are many new developments going in Fairburn and this has proven to be a great rental and fix & flip market.  Outside of being convenient to the city of Atlanta, this area has a lot of job opportunities as there 12 companies that provide 100+ local positions the directly impact this sub-market.  As for McDonough, the state of GA recognizes the population distribution and they are planning to expand I75 into an expressway to open up flow of traffic to and from the city during high traffic times.  Villa Rica has an extensive development plan with Fuqua, the company the worked on the Battery Park project in Atlanta.  As you know, these large developments bring much economic upturn in most markets and investors are capitalizing where they can.

Let me know if you want to connect more on this topic.  I don't know everything, but I have the resources to get any information you need.