Cartersville GA Rental Properties

[Luther Maday]

Hello,

Wanna be rental investor here. See a lot of properties coming up in Cartersville, GA

A. Would love thoughts on this area for rentals from other ATL investors.

B. Would love to hear from any property managers in this area.

Thank you,

Luther 

[Mike Williams]

Hi Luther,

I work primarily a little north of Cartersville, but I do pay attention to that market and one of the agents I work with closely is focused on Cartersville. I've been seeing a steady rise in vacancies over the last few months (from basically zero, so it's still pretty solid). I typically factor in at least a 5% vacancy rate, but given the shift in the market in the recent months, I would probably up it a little to 7.5% as a minimum, then discount further if there are other factors that would cause tenants to hesitate on signing a lease.

Other than that, I do like the Bartow County market, there have been a ton of jobs created in the area over the last couple of years, and it's still close enough to north side Atlanta that plenty of people commute into the city. Happy to share more thoughts when we chat tomorrow! :)