A partial renovation turned into a full-scale project, doubling my $10,000 budget to $20,000.

I would say any rehab project would need to be fairly close to me.

I am from Ohio and will be down in Atlanta from 1/9/24-1/12/24 and was hoping to network with some real estate investors for lunch or a coffee (or at a project you might be working on).

I am an accidental builder IE lent to builders who went busto and had to take over the projects. that was in 2013 muddled my way through the first 4 projects that I had to take over .. then felt WTF I am putting up all the money basically and taking the lions share of the risk why dont I just try to do it all..

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The seller is out of state and even visited the project a few times to check on the progress which I think helped him feel good about the whole deal as well. technology made the whole process a lot easier in the interim.

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections.

Right now you have $1,000 in cash flow that can be used to fund other projects (seed money), pay you in profit to supplement your lifestyle, or fill in any gaps for underperforming properties.  

Also, before you buy another property you'll want to determine your ideal next property - meaning, will it be a "rent ready" house, a major renovation project, or somewhere in between.

Hi Brett - local PM here - we have a few development projects, small multifamily and tonwhouses that we are gearing up for sale in the next 6 months.