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26 July 2024 | 0 replies
Density (people per sq. mile) 118 Households 1,144 Households With Basements 11 1%Renter Occupied 344 30% Multi Family 388 34% Average Household Income $81,235 Median Household Income $74,682 Per Capita Income $27,841 Median House Value $186,500 Household Size 2.9
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25 July 2024 | 2 replies
For STR a house is usually better.
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25 July 2024 | 21 replies
My main concern would be vacancy rate, since I know there is still a good amount of vacant houses in some areas.
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26 July 2024 | 3 replies
Atlanta has a high entry point and the antiquated houses that will make for those great investments with the 150K+ deal spreads are largely controlled by the wholesalers.
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25 July 2024 | 3 replies
A SFR was built in 1947 and required renovation.The 2nd parcel, which is right next to it, is an vacant land, no address associated to it.My initial thoughts are:1.Purchase this property and rent the house after minimum required updates 2.
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24 July 2024 | 18 replies
people are funny.. complain about RE making 4k but will buy a rehabber house from a wholesaler who puts up no money takes no risk and walks away with 50 to 20k.. and think that is fine..
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25 July 2024 | 0 replies
This house was roughly 2500 sqft, but needed a little change in layout.
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25 July 2024 | 3 replies
My main questions would be: how long does the entire process take from applying to actually having possible tenants to start picking from, and how do they determine exact amount for rent (the amounts listed on the housing authority site seem way higher than market rent, I’m wondering if I will actually get those numbers or not)any other general tips or advice is also appreciated!
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23 July 2024 | 0 replies
Despite this drop, nearly half of transactions are still cash, showing continued confidence in the market.Median Sale Price: Prices held steady with a slight increase of 0.5%, reaching $420,000, showing resilience in the condo and townhome segment.Dollar Volume: Dollar volume decreased by 11.8% to $830.23 million, suggesting fewer high-value transactions compared to last year.% of Original List Price Received: Sellers received 95% of their original list prices, a small dip from last year’s 96%, indicating minor shifts in negotiating power.Median Time to Contract: A significant change here, with the median time to contract increasing by 56.3%, from 32 days to 50 days.
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19 July 2024 | 13 replies
Will it continue?