Is Georgia attractive for Real Estate Investment in 2024?

[Franck Armand]

Hi everyone!

I am new to real estate investing and am eager to gather knowledge about real estate investments, specifically in the state of Georgia. I am curious if, in 2024, Georgia is still considered an attractive location to buy real estate for rentals.

As a new investor, I am contemplating the best approach to take. Initially, I considered investing in multifamily units, but they seem to be hard to find in the current market. Consequently, I am looking into townhomes as an alternative. From my research, townhomes appear to have lower maintenance costs compared to single-family properties and potentially offer higher cash flow.

My primary goal is to find avenues to park money while also building wealth, achieving high cash flow, and growing in the real estate sector. Would you recommend starting with townhomes and transitioning later into single-family units and apartments?

Additionally, I would appreciate recommendations on which areas in Georgia to consider for investment. My top choices for now are Kennesaw, Marietta, Alpharetta, Woodstock, Roswell, Smyrna, and Sandy Springs.

Thank you for your advice and guidance!