Rex, GA vs Stockbridge/Mcdonough, GA

[Sagar S.]

Hello experts in Atlanta,

I am planning to buy and hold properties in Atlanta area. I was focussing on Henry County (Stockbridge and Mcdonough) so far, but came across Rex (Clayton County) recently. The homes seems to have better prices than the other 2 cities (at least on MLS). Is Rex a good city to consider buying a single family home for a good rental (and an ok appreciation ?)

Thanks

[Greg Kurzner]

Sagar, my experience is that because Henry County schools are substantially better than Clayton, McDonough, Stockbridge, etc., is a better area for long term rental hold properties.  Again, returns drive decisions and your cashflow with a lower priced property will be better but areas that are stronger with schools will see stable demand for rental, appreciation is likely to be better and your exit strategies if you decide to sell will be better.  We have sourced hundreds of homes for corporate clients and if given the option, they buy in Henry County over Clayton.  My two cents.