How's the GA Market?

Question

When was your last flip in Georgia and in what area? What do you predict the Georgia market will be like over the next 12 months? Cities like Marietta, Decatur, and Columbus are all growing areas. Decatur surprises me how fast it is growing! I'd love to hear your thoughts if you're a local Georgia investor!

David Holcombe · Answer

@Josh Bowser My only personal listing I've got right now that's value add is 2010 Bixby St in Kirkwood. It's a single family rental where you can add value by build an ADU and Guest House in the side yard. The plans are in the listing. I've got 2 stabilized duplexes about to hit the market in the $800k range, and an acre of land in Buckhead on Wieuca if they like developing multi million dollar homes.

Josh Bowser · Answer

Let's go beast!

Josh Bowser · Answer

@David Holcombe - do you have anything value add in-town to look at? Have a client in need!

David Holcombe · Answer

Hi Teja, real estate is so hyper local it's tough to answer that. And you have to pick your properties and markets based on your investing strategy and personal financial position.  Generally speaking though, Georgia is expecting a lot of growth with big companies like Hyundai, Amazon, and Duracell making major moves here. Between a $7.6B Hyundai EV plant near Savannah, an $11B investment from Amazon in AI infrastructure, and a new Duracell R&D HQ in Atlanta, we’re looking at thousands of new jobs and long-term growth.   I focus on in-town Atlanta investing personally.  I think you've got to match your market to the strategy you want to implement. For instance, neighborhoods near Atlantic Station are great for short term rentals but wouldn't pencil as a long term rental. Chosewood Park and Boulevard Heights are neighborhoods I think are poised for the most long term appreciation, but they would be terrible short term rental neighborhoods now due to lack of restaurants/retail. They're also too low price psf to implement an ADU strategy. But they're great for buy/hold get rich slow investors or fix and flips. Is there a certain strategy you're trying to implement?

How's the GA Market?

Most Popular Reply