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Updated about 4 years ago,
Atlanta Suburban SFR Rental Market
Hi BiggerPockets Community,
We are looking into purchasing a 2-3BD SFR in suburban Atlanta (DeKalb, Gwinnett or Cobb County) within the $180K to $260K range, with a goal towards cashflowing the investment at 25-35% downpayment. Ideally these should rent north of $1,350 monthly. Curious to get the community's thoughts on potential cities/neighborhoods you would look at. We were focusing on Lawrenceville, Decatur, Duluth, Marietta, Snelville, Lilburn, Dacula as potential markets, among a few others.
Do you guys believe there is enough depth/demand in the SFR rental market, where these could be leased within 2-3 weeks if listed at a reasonable price? Or should I be focusing ITP for SFR rentals?
Lastly, looking for a property management firm as well. Please let me know if you have any recommendations!
Cheers,
Harsh