Why Invest in Atlanta Real Estate? Professional Tips for Property Investors
If you’re thinking about investing in the Atlanta real estate market, you’ve picked a good time to buy property. Home values are rising, but prices are still reasonable and there are a lot of opportunities for investors to acquire properties that make great rentals.
Atlanta is a city that is continually developing and reinventing itself. There’s a lot of energy in the area and several large businesses are choosing to relocate to the metropolitan area. This means when you invest in Atlanta, you’ll have a large pool of highly qualified tenants with good jobs to choose from. The local economy is growing. Salaries are going up and a number of small, local businesses are opening in the area.
You can expect a great return on your investment when you purchase rental property in Atlanta. Rents are going up, so you can anticipate a consistent cash flow. Properties are also increasing in value, so the appreciation you gain in the long term will be just as valuable as the money you are earning in the short term. With large cities, investors often find themselves priced out of the market, but there are a lot of great opportunities in and around Atlanta for people who want to buy property. This is a high growth market that’s performing better than many others in the country.
Highly qualified tenants are eager to call Atlanta home. There are some great colleges and universities in the area, including Emory University, The Georgia Institute of Technology, Georgia State and Morehouse. There’s also a thriving cultural scene, with museums, parks and theaters offering entertainment and recreation. If you’re not interested in buying property inside the city, Atlanta is surrounded by many areas that are home to great communities and residential neighborhoods. You can purchase a residential home or a multi-unit building that’s close to businesses, schools, transportation and shopping.
We’d love to tell you more about why it’s a good idea to invest in the Atlanta area. Please contact us at ALH Podland and we’d be happy to answer any of your investment questions.