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Updated over 7 years ago on . Most recent reply
Atlanta suburbs Riverdale and Hampton
I am an out of town investor and I saw some opportunities south of the airport such as Riverdale and Hampton. My intent is to buy rental properties, and I saw a few deals with townhouses. Anyone have any information about these areas in terms of what kind of CAP rates I can expect? HOA fees in these areas seems to be low. Are these rough neighborhoods and will these properties be tough to manage?
Thanks all!
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I am in Riverdale and the only issues I have run into is the problem with is they only have one person who inspects the whole county and they also are slow when it comes to evicting people. It is an up and coming area though. My area is not dangerous so I would go visit or pay someone to look at the property and area for you. A boots on the ground person like wegolook company or a college student.
I use Tracy Ellison for my property manager. He is also a investor friendly realtor.