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Updated over 5 years ago on . Most recent reply

User Stats

403
Posts
120
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Robert Collins
  • Rental Property Investor
  • Greenville County SC / Atlanta, GA
120
Votes |
403
Posts

What are the B neighborhoods in the Atlanta area ?

Robert Collins
  • Rental Property Investor
  • Greenville County SC / Atlanta, GA
Posted

Im trying to figure out what area I would like to focus on, from following the forums I think I want to just focus on B areas , which is hard to tell in Atlanta & surrounding areas. 

I know that the south side is where the cheapest homes are but the schools suck , so I assume that would be the c/d areas in most parts , I like the Campbellton area near the new Tyler Perry Studios , things are so hot over there a bando would cost 75-100k & still need 65k in repairs . Smyrna seems like a B area

Sylvan Hills seem like a B area maybe even a A area cause of all the new renovation. Maybe I should look in the Gwinnett area where all the good schools are, I really don’t know , my direction is all over the place I do know I want to Brrrr  strategy , I have about 50k of capital, I’ll probably need another 50 or more to do a Brrrr in Atlanta . I know that I could go to Birmingham, Macon , and do one there with what I have but I like my backyard and I would like to do my first deal here even if I have to wait another year to stack up more capital. 

Most Popular Reply

User Stats

126
Posts
81
Votes
Marc Brenner
  • Realtor
  • Atlanta
81
Votes |
126
Posts
Marc Brenner
  • Realtor
  • Atlanta
Replied

Hey @Robert Collins,

Labeling entire neighborhoods in metro Atlanta with a grade would be a mistake. Things change drastically within a quarter mile or even less. For instance, saying Smyrna seems like a B area and Sylvan Hills is an A area is not accurate at all. I like Sylvan Hills a lot but it's way behind Smyrna in terms of development and the market there. It's going to be pretty difficult to do a true BRRRR in metro Atlanta because of how compressed the market is, so if thats your goal you should look further out. It does seem your direction is a bit all over the place. The first thing I always recommend to clients is to develop their "personal investment philosophy". What do you want to do, why do you want to do it, who will do the work, and when will it get done? These answers will help you narrow your focus and inform your decisions. Hope this helps!

  • Marc Brenner
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