CONSIDERING ATLANTA MARKET

[Jason Malabute]

I have been doing my market research based on population growth and job growth.

I have narrowed my markets down to markets in Texas, Florida, and North Carolina. I have been hearing people mention Atlanta as a hot market, but it's not even top 10 in population growth MSA. Why do people keep bringing it up?

My mentors say don't get caught up in the hype of hot markets. Should I rule Atlanta out based on numbers?

I already have 5 markets I am watching and want to narrow it down to 3.

Thank you 

[Michael Kalis]

I can really appreciate what you are doing and I am impressed that you are pulling data and being throughtful.  I am going to offer a couple thoughts as someone who has bought sold or rented homes in 28 states.

1)  It is all about the 'deal' not the market.  Get a good price in a bad market, you will be ok.

2)  Do all markets and diversify.  Buy 1 home in each market you like.  With technology, platforum property managers like our team can handle multiple geographies.

3)  Get micro - you say N. Carolina is good.  Well... that is a broad market.  How about Charlotte?  Then how about narrowing to a suburb you like there.  

4)  just do it.  Planning can sometimes make us out think ourself.

5)  Do not follow the hurd when you invest.  Yes, Atlanta has many easy to find deals. But EVERYONE is there... what does that do for you?

Thanks for listening.  I wish you happy investing.