Realtor · Decatur, GA · Member since 2017 · 135 posts · 92 votes
6y
Hi @Riaz Salehbhai! These are all great areas to invest - although Chamblee can be a little pricey with it's location by Brookhaven. I have 3 rentals in Tucker and have had high quality, happy tenants for the most part. Happy to answer any specific questions you have!
atlanta, GA · Member since 2020 · 21 posts · 4 votes
6y
Thanks! Most of my luck has been finding deals on CL, but its been hard to get responses and follow up. Not sure if deals Im finding on Zillow/etc are worth pursuing.
atlanta, GA · Member since 2020 · 21 posts · 4 votes
6y
Thanks! Most of my luck has been finding deals on CL, but its been hard to get responses and follow up. Not sure if deals Im finding on Zillow/etc are worth pursuing.
Investor · Atlanta GA, USA · Member since 2020 · 20 posts · 11 votes
6y
I agree, Chamblee is well on its way to saturation. Not saying there's not opportunity left. Might have to look into flipping more up market properties than you'll find in Doraville or Tucker.
Rental Property Investor · Wayland, MA · Member since 2020 · 55 posts · 18 votes
6y
I am curious about the area also. What is the typical cash flow returns and price points for SFR in Tucker/Doraville? I invest OOS in the South Atlanta (Henry & Clayton counties) area, but I may consider branching out more north at some point. The south seems to have lower price points and I can still find 1% rule, but I may be giving up on appreciation potential relative to Tucker/Doraville.
Can you provide some insight into what the Chamblee, Doraville and Tucker areas are like for finding rental properties? I’ve been looking at these locations, but have yet to come across any deals that make sense. Looking for long term buy and hold properties that still cash flow. Are you finding deals off market? Thanks!
Realtor · Decatur, GA · Member since 2017 · 135 posts · 92 votes
6y
@Nancy Huynh I have the most personal experience in Tucker. All of the properties there needed renovation, so I was able to purchase at a discount. With a nicely renovated home in a good neighborhood, I'm able to get $2k in rent on average. This allows me to cash flow, and also pull my renovation investment through refinancing which I can use on future purchases. That's how it has worked for me. Of course, it depends on your long term goals and what kind of cash flow you are looking for!