Blue Collar/Working Class Neighborhoods in the Metro Area
6 Replies
Gary A.
Wholesaler from SF Bay Area
posted almost 5 years ago
Hi All,
I'm trying to get a feel for Atlanta and am interested in investing in blue collar/working class neighborhoods. Can someone please identify what cities/neighborhoods I should look further into?
James Han
Flipper/Rehabber from Atlanta, GA
replied almost 5 years ago
Hey @Gary A. here is a map of some of the blue collar/working class areas in town. You can also look into Austell and Lithia Springs. Happy investing!
Paul Smythe
Rental Property Investor from Greenville, SC
replied almost 5 years ago
@Gary A. I agree with @James Han on Stone Mountain. I would also consider Doraville. A lot of neighborhoods in Doraville are blue collar.
Regina Sitterley
Wholesaler from Marietta, Georgia
replied almost 5 years ago
Wow, Atlanta is such a huge area. It would be helpful to know more detail. I'm in north Atlanta, near Marietta. Even within that town there are lots of nice blue collar areas that likely would not have the risk that some other areas have. Then again, your prices will be much different. What's your criteria?
Gary A.
Wholesaler from SF Bay Area
replied almost 5 years ago
Thanks for the help, @James Han and @Paul Smythe .
@Regina Sitterley I'm looking for houses in the price range of about 40-60K. Only cosmetic work needed. Blue collar areas. Any other recommendations for areas or any additional insight would be greatly appreciated.
Regina Sitterley
Wholesaler from Marietta, Georgia
replied almost 5 years ago
You would be able to find houses like that in Mableton (Cobb County). I don't know Stone Mountain (Dekalb County) quite as well but it seems like the prices could be around that price point, as well. Atlanta, itself, also has a bunch of these areas. The trick is to watch of for vandalism and riff-raff (that's a technical term ;)
What type of rental rate & ROI are you looking for?
Mike O'Connor
Property Manager from Atlanta, GA
replied almost 5 years ago
I agree with the neighborhoods that @James Han and @Paul Smythe pointed out. You will be able to find a lot of houses in that price range outside of those areas, however. I know people always say to focus in on a "farm area" and go from there, but try casting a wide net at your price range then evaluate the neighborhood, rents, ease of managing (based on your location), crime, economy, etc.
Good luck!
Mike