Location to start my adventure? (Metro Atlanta)

[Brian Tesmer]

Hello BP World!

I am a novice investor just starting my business here in metro Atlanta. I am in the process of trying to pinpoint my farm area and was hoping for a little local insight. I have been interested in two separate locations, and while I'm sure none of you savvy investors want another guy preying in the same woods as you are, I'm hoping someone will be gracious enough to share their opinion. I like the Smyrna area, because of the obvious reasons. The Braves stadium moving there, the mall being rejuvenated, new restaurants popping up. Is there still reasonable deals to be had in the area? Is there any negatives to investing here? I also like Chamblee, because the new mixed use development/movie studio that is slated to go in where the GM plant used to be. My fear there is that it is too early for the area. Thoughts, pointers, insight? I live in Midtown so one area is directly up 75 and the other is directly up 85 about equal distance from me, so the drive doesn't concern me either way. I really appreciate any feedback that you all can come up with! Have a great day!

Brian  

[Cynthia Calhoun]

Hi Brian and Welcome!

I've had a busy week and somehow missed your original post; but you will undoubtedly find this community quite helpful. I will agree w/ Rick for the most part; however, you will need to be very selective in Mableton. There are pockets (like with most places) where you will not want to invest, because of the time it will take to realize your return. I'm finding good things in Chamblee as well...and don't worry about other investors being afraid of you treading our same waters...we all know there is truly plenty to go around. Don't know if you'd be interested in this, but I know for a fact that "anything" in Sandy Springs is also a great investment, and flips go in a matter of days. Just did one that sold in 6 days! We pulled $29.4k (net) out of that deal, in just 8 weeks. Will be glad to help in any way that I can.