Rehabbing and renting a house in Atlanta

by Ivan Nemorin
(Atlanta GA)

I have in the past two months purchase a 3 bedroom brick house with a partial basement for 17,000 in Atlanta GA. My total repair cost was 5,500 and the house is appraised at 130,000. my final total for purchase and repair was 22,500. And it will rent for between 800- 1000 dollars. Im very happy about this peace of property.


LM says: Ivan, I am sorry for the delay on getting back to you on this.

That sounds like an awesome deal. I was wondering if you can give us some more details: how you found it, what were the repairs needed, how much does it rent for, etc.

I am sure there are plenty of readers (me included) that would love to do deals like these and would like to learn more from your experience.

You can even upload a picture here if you have it. Let me know if you need help.

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