Thoughts on Albany, GA
My wife and I took a look at some properties in Albany, GA today. We were looking at a few in the 2nd Ave area and they seemed in great condition, great prices, and a nice area. We meandered through the city to check it out and there were some tough looking parts and a downtown that seemed just ok. So, when we got back home I did a little further digging and saw the issues the city is having with crime, also that there's a huge renter population there.
1. Is Albany worth investing in for the long haul?
2. What's going on with all the crime?
3. Why is there such a huge renter population and does that over-saturate the market?
Would love to hear from both investors there and folks who live there.
Thanks!
Most Popular Reply
I had a wholesaler send me homes in Albany. After I looked into the area it looks to be a place to get good rents. You can buy super cheap and most people there rent. I'm looking to flip so Albany not a for me at this time. If I were looking for rentals I'll look more at Albany. Like it was mentioned Northwest Albany better schools and higher median income.