Atlanta neighborhoods - where to buy rental

[Mike H.]

Hi all. We are thinking of moving to Atlanta from Brooklyn at the end of the year. Instead of buying a more expensive house in the school district we want without having lived there before - were thinking of buying a house for 200-300k that would be good appreciation and living in it for a year or two then buying the house we want to live In. 

Any recommendations of itp hoods that are 200-300k and are appreciating ?  We like SW like Pittsburgh and sylvan hills etc. maybe East Atlanta village but that probably more than we want to spend on a rental. 

[Brenden Mitchum]

Hey @Mike H. 

First, let me ask, Why Atlanta? Is this a market you have decided to invest in after researching or are you moving here for other reasons? Also, why specifically ITP?

Obviously this is all speculation, especially with the coming economic recession (who knows when). But if you are looking for something ITP with good chance for appreciation, it wouldn't hurt to buy near the new Westside Park. The "anticipated" opening is Spring 2020 so if you can get in before that you may be sitting pretty, appreciation-wise. Driving around neighborhoods near there (Grove Park, Hunter Hills) I have seen lots of development activity, specifically house-flipping. Now almost everything ITP is appreciating so you probably can't go too wrong as long as you buy right. For your price range, you'll want to stay South or West, but keep in mind some of these areas can still be a little rough so check crime reports and don't expect to be sending your kids (if you have any) to A+ schools.

By the way, @Anthony Fontana is a great guy and very knowledgeable so definitely reach out to him if you haven't already.

If you have other questions or just want to chat, please shoot me a pm anytime.