I represent investors and am an investor myself. I look at the market with 33 years of experience. Currently we are buying in areas between 5-15 miles outside Interstate 285 and homes under 30 years old, with a preference for homes under 20 years old. Today these homes can be purchased from 35-75% off their 2003-2007 peak prices. Most are selling at or below their 1980's initial sales prices, and substantially below their current replacement costs. We typically invest 20K in rehab, this includes a new roof, HVAC, garage doors, interior and exterior paint, new HWH, new appliances, new fixtures, faucets, and reconditioning of the cabinets. Homes are like new and thus rent quickly at premium prices.
The market has tightened but property is still available. Prices are higher in Cobb and Fulton than Clayton, South Dekalb and Gwinnett.
Let me know if I can assist you further. I will be in Orlando November 6-11 for the National Association of Realtor's convention and could meet with you over that time period.
RE/MAX Greater Atlanta
An Atlanta Real Estate Expert Serving Clients Since 1979
RE/MAX Hall of Fame â€“ REALTOR Phoenix Award
CRS, CRB, ABR, MSRE, CDPE, CIAS, e-PRO, ESQ
Certified Residential Specialist
Certified Real Estate Broker
Accredited Buyers Agent
MS Real Estate and Urban Affairs
Certified Distressed Property Expert
Certified Investor Agent Specialist
Certified Internet Professional
203K Certified Specialist
2050 Roswell Road
Marietta GA 30062
404-386-3682 Assistant Robin
678-760-6266 Buyerâ€™s Agent Adam