Rentals in atlanta and surrounding areas.

8 Replies

Hello everyone, .

   Its been a long while since I made a post on BP. But glad to be back and hope this time around I can share stories on our successes and failures in our road to rental property freedom (haha corny). 

  My wife and I are looking into acquiring small family rentals duplex to 4 plex in and around the atlanta region, as we hope to move to kennesaw, ga in a few years.

  I was hoping somebody on here may know some good people to touch base with such as agents and lenders in that area so I can learn a little more about the areas to acquire in. 

Any help would be greatly appreciated. 

Also if anyone needs any hvac advice I'll be glad to assist as a token of my appreciation. Thanks to you all 

Welcome back, Alfonso! I've picked up a handful of SFRs and duplexes in the Atlanta area over the past year and am happy to put you in touch with a few agents and lenders I've used. Shoot me a message. In terms of where to invest, I'm a fan of near where the new park will be coming in on the westside and south ITP (inside the 285 perimeter). These areas seem ripe for appreciation and offer a better return than the duplexes and quads I've seen up north. 

Originally posted by @Tim Griffin :

Welcome back, Alfonso! I've picked up a handful of SFRs and duplexes in the Atlanta area over the past year and am happy to put you in touch with a few agents and lenders I've used. Shoot me a message. In terms of where to invest, I'm a fan of near where the new park will be coming in on the westside and south ITP (inside the 285 perimeter). These areas seem ripe for appreciation and offer a better return than the duplexes and quads I've seen up north. 

Tim, 

   I greatly appreciate the input. I'm still in the process of learning atlanta and greater atlanta as I'm still very green to the area. Thanks for pointing out some areas for. I'll PM you as to the agent contacts. But once again I truly appreciate it. 

Alfonzo, 

I actually work with a firm here in Atlanta that focus only on investment properties for beginning and experienced investors. I can show you some places that will get you some great cap rates 10-12% while also being affordable with little to no work needing to be done. Like @ Tim Griffin mentioned with duplex's and SFH's you can build a solid portfolio of properties near the belt line where parks and the overall area is being renovated to a new market of renters. I am a licensed agent as well so I would be more than happy to sit down and talk with you.

@Alfonso Velazquez I would get your criteria and finances together, then contact an agent. This will give the Agent a starting place. Metro Atlanta can provide opportunities for different strategies. Do you want properties in good school distrIcts outsIde the perImeter with decent/safe returns, rougher inner city neighborhoods can produce high returns, gentrifying areas banking on appreciation?

thanks for the input everyone, @rush wall, your absolutely right, we are in the process of getting financing set up first and pinpointing areas wed like to target. Like I said in my original post, the motivation behind atlanta is a near future move we plan on, to kennesaw, ga. 

Our main housing criteria would be small multifamily with a aim of generating cash flow, so we would be highly interested in the areas early stages of grentyfication and b-, c+ class areas. 

But we still have a lot to learn about atlanta and its surrounding areas. 

I appreciate and welcome all advice. Thanks again everyone. 

@Alfonso Velazquez let me know if you have any questions as well.  I have a few rentals/flip projects in GA. I am fairly familiar with the Kennesaw area/Cobb County as well. I am also an agent as well, glad to help where I can.

Originally posted by @Robert E Bogino :

@Alfonso Velazquez let me know if you have any questions as well.  I have a few rentals/flip projects in GA. I am fairly familiar with the Kennesaw area/Cobb County as well. I am also an agent as well, glad to help where I can.

 I appreciate it, thanks. I'll be having questions real soon, right now hvac season is kicking my butt. But thanks again everyone for the responses.