Atlanta

[Teri Khimani]

Possibly wanting to invest in north Atlanta, where is a good area? Does anyone think Mercedes coming to Sandy Springs will raise home values in that area or near?

[Frank Iglesias]

A question I would ask is are you looking for cash flow or to flip?  If you are looking for cash flow, you could go almost anywhere in Atlanta and find deals that make sense with the massive volume of neighborhoods in this city.  I would suggest finding a market that is easy to work with for your team or your schedule because while easy to get into, the management of it becomes a differentiating factor.  

If you are looking to flip, that gets a little dicier as the market is hot in a lot of areas and so it is critical to make your money when you buy as there is a lot of emotional buying happening now in the 'hype'.  I am seeing this literally every day at this point where deals numerically do not make sense but are being swallowed up.  

Sandy Springs is a great area but generally high end and a bit tougher to find a deal in without really diving heavy into that space.  Are you looking for the higher price points specifically?