With significant job and population growth over the last several years, the real estate market in Atlanta, Georgia is not one to be ignored. We shine the Market Spotlight on this city in this episode as host Marco Santarelli brings in the ever-trusted local property partner, Jim, back to the show. Together, they discuss the reasons why Atlanta is a great market to invest in, providing statistical data to match. Ranked in the top 25% of all the US markets, Marco and Jim talk about its growth in terms of cashflow and opportunity. They further share some demographic information, turnover and its cost, and building new construction in its neighborhoods.

Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing.

Identify great tenants using SmartMove.  Visit www.TenantScreening.com and Save 25% using podcast code NORADA25. 

Try LandGlide FREE for a week by visiting www.LandGlide.com/PassiveInvesting
---
If you missed our last episode, be sure to listen to Common Questions Answered With Investment Counselor, Melissa Nash

Enjoy the show!

–  –  –  –  –  –  –  –  –  –  –  –  –  –

Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing.

Get your FREE coffee mug by leaving us a Rating and Review on iTunes.  Here's how.

See our available Turnkey Cash-Flow Rental Properties.

Please give us a RATING & REVIEW   (Thank you!)

SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed


Market Spotlight: Atlanta, Georgia
Atlanta has experienced significant job growth and population growth over the last several years, which is a good sign of the housing market there. Although prices have increased considerably over those last years, Atlanta still offers affordable investment properties in various parts of the area, all over the metro area. These properties rent for under 1% of the purchased price along with that strong appreciation potential. That still makes Atlanta a great market to invest in. The problem is that we've had a challenge getting inventory there over the last few years, even though we've been in the Atlanta market for over a decade. It's a perennial market for us. We love the market and there's strong growth. Fortunately, we have some new inventory and coming up in the near future. With me again is Jim, one of our trusted local property partners. Jim, welcome back to the show.

Thanks, Marco. It is good to be here.

It's great having you back on. We did an interview ago about one of your other markets, but we want to focus on Atlanta, it being the third-largest metro region in the Southeast. For decades, the metro area experienced this rapid population growth to match the demand for all the new jobs being created there. Many of those jobs were in high paying sectors. Give us an overview from your perspective of why you chose Atlanta. Why are you building new construction there? Tell us what your take is on it.

Jacksonville has always been my hub. I've been wanting to go up to Atlanta, but I didn't want to go until the new construction model would work up there. As you said, the growth there has been incredible. In fact, Atlanta is the fifth fastest-growing metro in the country. There are lots of reasons behind that between tech, being Georgia as a business-friendly and landlord-friendly state. Also, the Hollywood stuff has been quite surprising there. It's almost like a second Hollywood in Atlanta. The things like that and other things we'll talk about have kept it an affordable city but also with job growth, the affordability index is healthy. We're seeing great growth. We've been wanting to get in there and finally, we’ve found the right deals to make it happen.

Were you always focused on Atlanta? Were you looking at other markets, valuing other markets, then you chose Atlanta because it was strongest and highest on your list?

I've looked at lots of markets, Jacksonville being the hub. We've branched out from there to Ocala and to the...