I am hearing that the market in Atlanta is out of this world. I have found many, many deals but i am wondering how they are selling? Can anyone tell me how to fiend out the best to fiend out how fast they are selling and the best way to fiend real property values. Zillow.com does not have everything.
Thanks
Marc
To answer your question… a very common thing to do when looking for prices are comps. They are comparable sales. If you have a realtor in your network you will be able to use MLS to see which comparable properties have just sold for.
Thanks i will try to fiend a realtor in that area.
Be careful in the Atlanta market!! There are two counties (DeKalb and Fulton) which are among the top 5 or so in mortgage fraud nationally. Georgia is also in the top 2 or 3 nationally in foreclosures. Im not saying you cant make $$$ here, jsut be really careful in certain areas. There are certain lenders that will not even loan in the 3031x zip codes anymore. Good luck to you!!
Thanks for the info that sounds scary.
marc
yea thats true its all about the zip codes in Atlanta. there are deals everywhere in atlanta & surrounding counties you just have the learn the area that get the red flag from lenders and stay away until that zip code improves. the more you network and talk with other investors you will learn which zip codes are good and the ones that are bad. good luck in ATL 