Real Estate Agent · Atlanta, GA · Member since 2019 · 10 posts · 8 votes
6y
Hi Connor,
To me, it depends on how much you have to invest. I work in RE in Atlanta and I work in the film industry where I locate short term (3 weeks - 9 months+) furnished rentals for film crew and cast. The Atlanta market is very hot for this, particularly in certain neighborhoods of Atlanta near the Beltline (Inman Park, Old 4th Ward, Midtown, Cabbagetown, Reynoldstown). If you have the $ to do so, purchasing a property in those areas and getting a great designer, and you can expect $4K - $10K+/mo for rentals, depending on size and location (but you'd be looking at $400K+ for a 2 bedroom bungalow in these areas). Let me know if you're interested in learning more, and I'm glad to connect.
Investor · Chicago, IL · Member since 2020 · 148 posts · 97 votes
6y
Southeast Georgia along the coast are popular vacation rental destinations. A study done by Rented, Inc. rated the FL panhandle for best return on investment if you are looking outside of GA.
Real Estate Agent · Atlanta, GA · Member since 2019 · 10 posts · 8 votes
6y
Hi Connor,
To me, it depends on how much you have to invest. I work in RE in Atlanta and I work in the film industry where I locate short term (3 weeks - 9 months+) furnished rentals for film crew and cast. The Atlanta market is very hot for this, particularly in certain neighborhoods of Atlanta near the Beltline (Inman Park, Old 4th Ward, Midtown, Cabbagetown, Reynoldstown). If you have the $ to do so, purchasing a property in those areas and getting a great designer, and you can expect $4K - $10K+/mo for rentals, depending on size and location (but you'd be looking at $400K+ for a 2 bedroom bungalow in these areas). Let me know if you're interested in learning more, and I'm glad to connect.
To me, it depends on how much you have to invest. I work in RE in Atlanta and I work in the film industry where I locate short term (3 weeks - 9 months+) furnished rentals for film crew and cast. The Atlanta market is very hot for this, particularly in certain neighborhoods of Atlanta near the Beltline (Inman Park, Old 4th Ward, Midtown, Cabbagetown, Reynoldstown). If you have the $ to do so, purchasing a property in those areas and getting a great designer, and you can expect $4K - $10K+/mo for rentals, depending on size and location (but you'd be looking at $400K+ for a 2 bedroom bungalow in these areas). Let me know if you're interested in learning more, and I'm glad to connect.
Jill,
I'm interested in what you are proposing for investing in short term rentals.