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Experienced Real Estate investors take into account several variables before deciding to invest certain markets.
1. Undervalued Properties
2. Future price appreciation
3. Stable job market
4. Population growth
5. Strong rental area
The Atlanta-Metro Area encompasses all these qualities, which are explained in more depth.
Undervalued Properties
- Large number of foreclosures, primarily due to mortgage fraud and lenient lending standards.
- Because of the foreclosure crisis in Atlanta, investors can buy properties at pennies on the dollar.
Future Price Appreciation
- Affordability of real estate in the Atlanta area allows significant probability for consistent price appreciation.
Stable Job Market
- Atlanta is predicted to have an annualized 2% job growth through 2017.
- Headquarters to many large companies that provide stability to the job market. (Home Depot, Delta Airlines, Turner Broadcasting, CNN, etc..)
Population Growth
- US Census Bureau predicts Atlanta will gain over 2 million in population in the next 20 years, growing to over 6 million people.
- Atlanta ranks #3 in terms of net migration for those 65 years of age and older.
Strong Rental Area (Ability to positively cash flow rental properties)
- The large number of foreclosures has positively affected the metro-area rental market. Simply stated, those who have lost their homes in foreclosure still need a place to live. Because of stringent lending guidelines, their only option is to rent.
- Low property taxes and minimal homeowner insurance rates makes Atlanta unique and allows investors to maximize their ability to cash flow on rental properties.
Turn Key Investing allows for immediate positive cash flow while eliminating expensive renovation and tenant placement costs.
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Why Atlanta?
