This home is located in the beautiful suburb of southwest Atlanta. Priced well for the Investor looking to purchase a new construction property with an additional 5 acres of land to build on. For more information about this property please click on this link to view listing details.

A client help me discover this Google search tool to find tons of Atlanta Foreclosures And Atlanta REO’s. Works really good. Watch the video to see for yourself.

This video discusses why Atlanta Mortgage Lenders, Atlanta Hard Money Lenders, And Atlanta Capital Lenders need Web 2.0 Realtors to list foreclosures taken back into inventory. I really go into detail about social media and social networking and how this new medium will benefit Atlanta property lenders.

This property is located on 1642 Loring Drive in the Loring Heights section of Atlanta. It’s nestled between Midtown and Buckhead a good distance behind Atlantic Station. The property details are as follows:

Bedrooms: 5
Bathrooms: 4
Rooms: Family Room, Great Room, Library/Office
Dining: Dining/Great Room, Separate Dinning Room
Style: Traditional
Stories: 1 Story with Mother-In-Law Suite Below
Basement: Full
Construction: Brick & Frame
Fireplace: 2
Interiors: Hardwood Floors, 9ft ceilings, wall to wall carpet, Attic, Patio, Laundry Room

Schools-
Elem: River Eves
Middle: Sutton

Asking Price Is $289,000 ( Please call to submit an offer!)

For more details or to visit this property please contact Samuel Awosolu at (404)843-2500.

I sum the answer up in this video. Take a look then Digg or Stumble it if you like it.
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I was on the internet goofing around pretending I was looking up properties and I came across a blog from a real estate investor. He had an interesting video about a second mortage wave that has just started to take effect in the United States. If you thought the mortgage crisis we are in now is bad, wait until you see what  is going to happen in the next couple of years. Please digg this post if you like it or share your comments below. Thanks!

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In this video I talk about why buying Atlanta foreclosures in a down market is a smart investment move. If you know anything about Warren Buffet, you know he is known for gobbling up troubled assets or non-performing assets in distress in a down economy. Buying foreclosures in Atlanta in a down market is no different once you understand the real estate cycle. Watch this video as I talk more about this concept.

This was a great interveiw with short sale expert Tomond Jack. Tomond wears many hats in his real estate career. He is a real estate investor, agent, and appraiser. He gave us a lot of good insight into the short sale process and what exactly happens through each step. A very informative interview if your new to short sales or if you wanted to know a few steps in the short sale process to make your transactions run smooth.

To reach Tomond Jack for short sale consultation and coaching you can email him at tjack@kaioproperties.com.

 

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There are many ways to find good deals in Atlanta. In this post I list five that are the easiest and most commonly used. By applying some or all of these methods you will be much closer to finding your golden nugget.

1. Newspaper Ads -> You can run a simple ad in your local newspaper to have motivated sellers calling you. The ad can say something as simple as “We Buy Houses” or anything similar. Make sure to have a number where people can contact you.  You can have this ad run everyday so that you always have motivated sellers contacting you daily.

2. Legal Newspapers -> Here you will find information about probates, divorces, forclosures, bankruptcies and other information that can help you find a potential deal. Most local counties publish a weekly or daily legal newspaper. So be on the look out for them.

3. Drive For Deals -> As your driving in your neighborhood, take notice of for sale by owner signs, distressed properties, for rent signs, and abandoned homes. All of these could be potential deals waiting for you to find them. Take a different route to work or when your going out, so you can find property you may not have otherwise seen if you took your normal route to get to places.

4. Real Estate Brokers And Agents -> Real estate agents are your best source for finding really good deals. They have access to sources that assist in locating potentially good investment property. They can provide you with comparable neighborhood data and rent analysis if you plan on renting out your property to tenants. Try creating relationships with a good real estate agent. You will find them to be a valuable asset and instrumental in your decision making process for buying property.

5. Mortgage Brokers -> Mortgage brokers usually know lenders who have taken property back and are looking to sell at a discount. Sometimes they can connect you with sellers who tried to refinance but couldn’t and now need to sell their property because of financial distress. Having a good working relationship with a knowledgable mortgage broker is invaluable if you plan on being in this business for the long haul.

The current real estate market conditions have made buying property in Atlanta a buyers paradise. If you have solid financing to back your investment purchases or better yet cash, you can find yourself like a kid in a candy store. I want to share a few things you should consider before going on that wild shopping spree.

What types of properties are you looking to purchase ?

• Fixer Uppers
• Single Family Homes
• Commercial Properties
• Land
• Multi-Family (duplex,triplex,etc)
• Luxury Homes

Where are you going to find these kinds of investment deals ?

• REO’s
• Pre-Foreclosure & Foreclosures
• Auctions
• Courthouse Steps
• Distress Sales
• Multiple Listings Service
• Newspapers
• Online
• FSBO
• Hud & VA Homes

What are ways to finance your real estate investment deals ?

• Conventional Loans
• Hard Money Loans
• VA/FHA Loans
• Lease Option
• Owner Financing
• Subject to
• Creative Financing
• Cold Hard Cash

What is your exit strategy for this investment property ?

• Live In It
• Wholesale It
• Rent It
• Owner Finance
• Lease Option
• Resale For Retail

This is a small exercise you should do everytime you think about buying a property. You want to carefully think out how you will purchase and exit your investment deals. You also want to factor in the location, price, and condition of the property when making your decision to purchase. Hopefully this blueprint gives you a little strategy for buying investment property in Atlanta. If you need the services of a Realtor to buy or sell your investment property, you can always feel free to contact me.