Seeking advice on where in Georgia to invest

[Fitzroy Harvey]

Hi everyone, I live in New York atm. I and my family are moving to Georgia in the year 2021 and we want to invest in RE (multifamily). Our question is we are not sure what town/city we want to move to. So far we have done research on a few towns like Decatur, Alpharetta and some of Atlanta. Base on what I have read and listened on bp podcast some say look for good schools, population growth, crime rate and so on. I am brand new

nervous and scared at the same time. We also were wondering if we should move down rent first and check out different towns to see what the markets are like first due to the fact that we know nothing about Georgia or the re market. Another idea we plan to do is to take a trip to Georgia for like 2 weeks meet with a few agents that are willing to show us around in those towns I mentioned above. Any advice on how to go about this will be helpful and appreciated. Thank you in advance. The reason we are waiting until the year 2021 is because we have 2 debts we want to pay off which will be paid in full within the next 4 to 5 months then save up a 20% down payment and some extra cash for emergencies. Is this a good plan or are we missing something?

[Brandon Owens]

I agree with the other comments as well. Another thing to consider if you're moving to Atlanta, especially from NY, is if you plan to use public transportation or drive your own car to work, entertainment, etc. Some of the areas mentioned above (Northside communities) are great places to stay to raise a family with lots of amenities, but commuting into the city inside the I285 perimeter can be a nightmare during rush hour traffic. The same is true for investment properties. If the tenants you plan to rent to are millennials or professionals without kids, they will most likely be living inside the perimeter and using public transportation. That's a totally different market and price range than some of the outside the perimeter communities. As was mentioned before, definitely take a few trips and plan to commute during rush hours to understand this dynamic.