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Updated almost 4 years ago on . Most recent reply

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61
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Justine Veal
  • Investor
  • Atl, GA
39
Votes |
61
Posts

What’s the Market Like in ATL, Georgia

Justine Veal
  • Investor
  • Atl, GA
Posted

My Fiancé is getting a new job in Atlanta so it turns out we're moving! I'm a newbie to investing however I've already decided that I want to master local multi family properties following the BRRRR method. Is there a Market for this in ATL or should I consider doing long distance somewhere else (I was thinking Chicago) ? I also realized ATL is a College city should I switch my niche to local student housing/rentals? I don't want to get to used to switching my niches. However technically I havent bought anything yet. I'm ready to go all in and master one niche then move to another. Any advice? Not sure if it matters but I currently live in Northern NJ.

Most Popular Reply

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1,657
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1,033
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Rick Baggenstoss
  • Developer
  • Decatur, GA
1,033
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1,657
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Rick Baggenstoss
  • Developer
  • Decatur, GA
Replied

@Justine Veal. Atlanta is a city that doesn't stop changing.  Every month, it seems, there's a significant announcement about a new development.   You need to spend some time learning about all those announcements and the where the change is impacting housing (student/multi/ and single).   Atlanta Business Chronicle is a good source for learning about what's happening where.  

After that, I'd suggest trying to buy where you're in the path of progress or in the midst of the progress.  Over time, you won't be wrong.  Atlanta should continue to grow tremendously over 20 years.  Specific streets and neighborhoods are harder to guess the impact without really studying them.

  • Rick Baggenstoss
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