Confused about Atlanta Rental Market

[Jane Z.]

I have read lots of articles lately that those big hedge funds bought lots of SFR and converted them to rentals in Atlanta, which puts a lot of pressure on Atlanta rental markets. I totally agree with their analysis except the situation I experience on the ground is different. When I first invested in 2011, rental markets for SFR were supposed to be very good, but it actually took me a while to find a good tenant. Since May of this year, rental markets for SFR suddently pick up. Between my sister-in-law and I, we have close to 20 SFR, both of us experience the same thing. Granted, our SFRs are in better areas of Atlanta. I just don't understand why and whether this could sustain. I have been waiting for those hedge funds pushing their SFRs to the rental market, but things seem getting better? I am confused. It is not that I don't like it. But I would like to have a logic explanation so I could adjust my investment strategy accordingly. Do any of your Atlanta rental investors feel the same?