The Atlanta REIA Onsite Renovation Group on October 2, 2018, hosted by Dustin Griffin and Don DeRosa, was held at 77 Glenrose Cir SW, Atlanta, GA with Ramon Tookes and Ashley LeBoeuf. This property is located directly across from the Beltline entrance and will be a complete renovation down to the studs. http://onsite.atlantareia.com
Ramon purchased it in June and began demo in July and plans to finish it by the last week in October. The purchase price was $111k, the renovation budget is $120k with projected sales price of $329k and projected profit after commission, holding costs, and cost of money of about $60k.
This is a group project where Ramon obtained the financing and invested money with about 5 of his students so that they can learn while they earn.
Ramon is a seasoned Real Estate Investor who has mastered fixing and flipping houses. He also wholesales houses, coaches and is an now author with over 20 years of industry experience. Come join at Onsite to see Ramon’s rehab and learn some rehabbing tips and trick from this flip master!
The Atlanta REIA Onsite Renovation Group (ORG) is an educational and networking group that focuses on the acquisition, renovation and retail resale (fix and flip) of single family residential homes. The purpose of the group is to allow both new and experienced rehabbers and investors to meet, network and share knowledge and experience with "hands on" access to real property.
The Onsite Renovation Group meets on the 1st and 3rd Tuesday each month at NOON at an active renovation site, build site or rental property which will vary from month to month. As always, there is no charge for Atlanta REIA members to attend. Guests & Non-Members can RSVP Online for Only $15 or pay $20 at the door.
Come join us next month and RSVP Now at http://rsvponsite.atlantare...http://onsite.atlantareia.com